RESDAO Hack

TOTAL LOST $750K
Low Rugpull

What happened

Quick Summary

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

Details of the Exploit

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.

Block Data Reference

Scammer Address:

https://bscscan.com/address/0x0af22d4a…2fccad

Liquidity Removal Transactions:

https://bscscan.com/tx/0x6875b4f5…8556c1

https://bscscan.com/tx/0x34a6215f…17a7bc

Swap Transaction:

https://bscscan.com/tx/0x69d4ba81…e55a60

Dumping Transaction:

https://bscscan.com/tx/0x30a05c23…a2dcb1

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract RESDAO
Official Website daomars.com/
Protocol Twitter/X @RES_DAO

Evidence & learning

Sources and on-chain records

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