SHIA Hack

TOTAL LOST $116K
Low Rugpull

What happened

SHIA token project was rugpulled by the deployer, removing liquidity worth 116,094 $USD, profiting 69.81 $ETH.

SHIA is an ERC20 token trading on UniSwap. On Aug 24, 2023, the deployer executed an exit scam by first adding 10 $ETH as liquidity and then removing it in two transactions. The total profit of the scammer reached 69.81 $ETH, equivalent to roughly 116,094 $USD at current market rates.

Additionally, a wash trading technique was used to artificially inflate the trading volume. As of now, the stolen funds remain at the scammer's initial address.

Deployer Address:

https://etherscan.io/address/0xc765faEC…3A45B0

Liquidity Adding Transaction:

https://etherscan.io/tx/0x3582fcee…fe85aa

Liquidity Removal Transactions:

https://etherscan.io/tx/0x57b9ca78…9c049a

https://etherscan.io/tx/0xcbc27dee…67e20f

Wash Trading Transaction:

https://etherscan.io/tx/0x96c68509…d01ce3

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract SHIA
Official Website www.shibacoin.tech/
Protocol Twitter/X @ShibaRebirth

Evidence & learning

Sources and on-chain records

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