Serial Scammer Hack

A single wallet executed numerous rugpulls across 31 tokens, amassing approximately 547,066 $USD.

The Ethereum-based Serial Scammer operated a MEME coin factory, creating a total of 31 tokens. Each token created contained a privileged minting function. The scammer would add liquidity to facilitate purchases and then drain all the $WETH from the pool just a few days later. The funds lost were calculated as the current holdings of the scammer, totaling 255.16 $ETH and 33 $WETH.

The scammer utilized a token factory they themselves deployed, allowing them to generate these fraudulent tokens. A closer examination reveals a similar pattern in all the tokens created by the scammer. One such instance involved the removal of liquidity using a specific token, resulting in a substantial withdrawal of approximately 68k USD worth of ETH.

Scammer Address:

https://etherscan.com/address/0x6007d8d7…531c2a

Example of Token Creation:

https://etherscan.com/tx/0x68f142ef…f4f2cc

Example of Draining Transaction:

https://etherscan.com/tx/0xc9c21407…06758a