Safereum Hack

TOTAL LOST $1.3M
Medium Rugpull

What happened

SAFEREUM token project experienced an exit scam rugpull, with the scammer draining liquidity worth 1,306,583 USD from UniSwap pools on Oct 24, 2023.

SAFEREUM is an ERC20 token trading on UniSwap. The scammer with safereum.eth ENS unlocked 95,000,000,000 SAFEREUM tokens and sold them in two different pools on UniSwap. The stolen funds were distributed to multiple EOA addresses and consequently were sent to FixedFloat Exchange.

A part of the stolen funds was swapped to USDT in MetaMask and then sent to other EOA addresses. The total loss amounts to 1,306,583 USD, equivalent to 732.39 ETH.

Deployer Address:

https://etherscan.io/address/0xf7979E7F…934A6b

Scammer Address:

https://etherscan.io/address/0x67c8423a…7b807f

Unlock Transaction:

https://etherscan.io/tx/0x7fd3ad13…96efb9

Liquidity Draining Transactions:

https://etherscan.io/tx/0x880c9ba1…7cc5e2

https://etherscan.io/tx/0x7ea75430…a14ecf

https://etherscan.io/tx/0x98568ec9…a10c7c

https://etherscan.io/tx/0x98568ec9…a10c7c

Funds Transfer Transaction Example:

https://etherscan.io/tx/0xc3c7100c…a718c5

FixedFloat Deposit Transaction Example:

https://etherscan.io/tx/0x4c2a90d4…2da12f

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract SAFEREUM
Official Website safereum.medium.com/
Protocol Twitter/X @safereum

Evidence & learning

Sources and on-chain records

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