SCT Token Rug Pull

Reported loss $286K
Rugpull

What happened

SCT project was rugpulled by its deployer, who sold the significant token supply resulting in a 90% dump of token price. The funds lost in this incident are 286,123 $USD.

SCT is a BEP20 token trading on PancakeSwap. The project experienced an exit scam as its deployer acquired some tokens from the sale but ended up selling all of them. The market sale resulted in a significant dump with over 90% decrease in token price and a loss of approximately 286,123 $USD.

Investigation revealed that the attacker moved funds along with those received from Gnosis Safe contract to drain liquidity pool through two transactions.

Deployer Address:

Address 0xbc4b…33a9

Funds Holder Address:

Address 0xB8e1…1546

Draining Transactions:

Tx 0x619d…a407

Tx 0x8ea0…2494

Protocol details

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

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