ProjectX Rug Pull

Reported loss $28K
Rugpull

What happened

ProjectX has been rugpulled by the token creator. The token creator minted 1M $PXT tokens which were distributed among several addresses that dumped the token price taking profits of ~$28K.

ProjectX was a nodes as a service project promising passive income to its holders.

The creator of the contract, deployed the token contract into the network and minted himself 1M $PXT (Tx 0xf9cb…9dd5).

Then, 1M$PXT tokens were sent to the scam address (B) in this transaction (Tx 0x07ca…ea97)

The team opened a liquidity pool on Trader Joe, where the liquidity with a profit of 584 $WAVAX was ultimately removed

(Tx 0xc674…d4b9).

At the time of this writing funds are partly located at this address (Address 0x9c02…51fa).  The scammer address (D) received 500K $PXT tokens from scammer address (C), and swapped the tokens to 911.21 $WAVAX in these two transactions:

  1. Tx 0x177a…6826
  2. Tx 0x283d…7e3a

Token contract address: Address 0x9adc…cafd

Token creator address: Address 0x9dc7…67fd

Scammer addresses:

  1. Address 0x9dc7…67fd
  2. Address 0x19c7…83af
  3. Address 0xadbf…294e
  4. Address 0x9c02…51fa

Involved address: Address 0xFbB3A79B…CA3987

Protocol details

Classification Other
Protocol Type Yield
Affected asset / contract PXT

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