What happened
Quick Summary
Smashcash was scammed and dumped the token price after unlocking team allocation.
Details of the Exploit
After the project was released the team allocation tokens were locked to the vesting contract. On the 13th of Feb 2023, tokens were unlocked and sold by a few different addresses. The price of tokens was dumped significantly.
Block Data Reference
Initial mint:
https://bscscan.com/tx/0x938ea5a7…c069d6
Sales:
https://bscscan.com/token/0x3d0e93bf…b424c3?a=0x5a4942cb…fb2252
https://bscscan.com/token/0x3d0e93bf…b424c3?a=0xc1ca0f0f…e2c2a8
https://bscscan.com/token/0x3d0e93bf…b424c3?a=0xc2880c4f…2c849c
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Other
Affected asset / contract
SMASH
Official Website
smashcash.io/
Evidence & learning
Sources and on-chain records
- report Report t.me
- report Report poocoin.app
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