What happened
Quick Summary
Fake SAGA Token on the BNB chain was rug-pulled by the team with a loss of about 1.6M USDT
Details of the Exploit
The fake token deployer sent a significant amount of tokens to another EOA which performed an exit scam via token dumping on the DEX (Pancake). The biggest sale drain pool for about of 1,592,169 USDT tokens.
Block Data Reference
Scammer:
https://bscscan.com/address/0x484fd20d…6c1f6b
Sell tx:
https://bscscan.com/tx/0x5096b42e…ffc48c
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
SAGA
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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