RESDAO Rug Pull

Reported loss $750K
Rugpull

What happened

RESDAO token experienced a rugpull, with the scammer removing liquidity worth 750,000 $USD.

RESDAO is a BEP20 token trading on PancakeSwap. On 18th April, the project was subjected to a significant rug pull. The deployer removed liquidity worth 343,000 and 108,000 $USD from two transactions respectively. Also, an unknown address swapped $RESDAO tokens for $WBNB in another transaction worth approximately 67,000 $USD.

Furthermore, team members dumped their tokens in another sale transaction that netted them around 232,000 $USD.

The attacker then transferred all proceeds to Tornado Cash.

Scammer Address:

Address 0x0af2…ccad

Liquidity Removal Transactions:

Tx 0x6875…56c1

Tx 0x34a6…a7bc

Swap Transaction:

Tx 0x69d4…5a60

Dumping Transaction:

Tx 0x30a0…dcb1

Protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract RESDAO
Protocol links @RES_DAO

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