Safuu Protocol Rug Pull

Reported loss $6.1M
Rugpull

What happened

Safuu Protocol was rugpulled by the project-related EOA address. 6,000,000 $USD worth of $SAFUU tokens were swapped to $BUSD and transferred to another EOA address.

Safuu Protocol is a Yield Aggregator providing compounding opportunities. The project-related EOA addresses labeled "Safuu: Auto Liquidity" and "Safuu: Insurance Fund" started transferring $SAFUU tokens to "Safuu: Treasury" address on 21 November. The transferred tokens were swapped to $BUSD and sent to an EOA address.

6,073,084 $BUSD was accumulated in the Treasury address. Consequently, 5,030,437 $BUSD was already transferred to an EOA address at the moment.

Protocol details

Classification Yield Aggregator
Protocol Type Exit Scam/Rugpull
Affected asset / contract SAFUU
Protocol links Website @safuuprotocol

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