SHIA Rug Pull

Reported loss $116K
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:

Address 0xc765…45B0

Liquidity Adding Transaction:

Tx 0x3582…85aa

Liquidity Removal Transactions:

Tx 0x57b9…049a

Tx 0xcbc2…e20f

Wash Trading Transaction:

Tx 0x96c6…1ce3

Protocol details

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

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