SAI Pro Rug Pull

Reported loss $752K
Rugpull

What happened

Quick Summary

SAI token was rugpulled by the deployer, removing liquidity worth 1,753,202 USD from the PancakeSwap pool, causing a total loss of 751,627 USD.

Details of the Exploit

SAI is a BEP20 token trading on PancakeSwap. On Nov 23, 2023, the deployer performed an exit scam by dumping liquidity from the LP pool in two large transactions, selling a significant number of tokens worth 1,753,202 USD. On November 9, 2023, the deployer added 999,962 USDT as liquidity, so the user loss is 751,627 USDT.

The stolen funds were transferred to another EOA address and remain in the scammer's possession as USDT.

Block Data Reference

Deployer Address:

Address 0x7dFe…BA2A

Funds Holder as of Nov 23, 2023:

Address 0x23f8…d896

Token Swap Transactions:

Tx 0xd8dc…1ea5

Tx 0x141e…ef0b

Protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract SAI

Evidence

Same attack technique

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