Raichu Thunderstone Hack

TOTAL LOST $15K
Low Rugpull

What happened

Quick Summary

The RAI token project experienced a rugpull on Sep 30, 2023, with the deployer removing liquidity worth 60,264 USD from the UniSwap pool.

Details of the Exploit

RAI is an ERC20 token trading on UniSwap. The token faced an exit scam in the form of a rugpull when its deployer removed liquidity from the LP pool. The stolen funds, amounting to 60,264 USD or approximately 37.05 WETH, were transferred to another EOA address and subsequently distributed among multiple addresses.

Block Data Reference

Deployer Address:

https://etherscan.io/address/0xF4FA6Fc6…FFB30F

Scammer Addresses:

https://etherscan.io/address/0x6C42b841…6Feeb9

https://etherscan.io/address/0x214fBe9d…D58575

Liquidity Removal Transaction:

https://etherscan.io/tx/0xde82a653…8e42d5

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract RAI

Evidence & learning

Sources and on-chain records

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