SLS Hack

SLS project's token GSLS lost the price by more than 85% after the token deployer-related EOA address drained liquidity. The scammer made a profit of 41,122 $USD.

GSLS is the BEP20 token trading on PancakeSwap. On 3rd October, the token deployer sent 40,000 $GSLS to EOA address. The address received 25,000 $BUSD from another address and added liquidity with them and received $GSLS to the liquidity pool on PancakeSwap.

Consequently, the scammer made many trades with small amounts at the beginning. When the initial token holder sent 360,000 $GSLS to the scammer, the tokens were sold immediately, which leads to the token price dump and liquidity draining for the total amount of 41,122 $BUSD.

Scammer address:

https://bscscan.com/address/0x89cc4469…f421ab

Token deployer:

https://bscscan.com/address/0xf60910b4…bca05d

Initial token holder:

https://bscscan.com/address/0xaa06eec2…9f2f7a

Liquidity pool:

https://bscscan.com/address/0x84f9d526…3DDfF3