Sui Network Hack

TOTAL LOST $197K
Low Rugpull

What happened

Sui Network, a fake token on Binance Smart Chain, was involved in an exit scam. The deployer sent 1 billion $SUI tokens to the scammer who added initial liquidity and later drained it.

Sui Network is not related to the original SUI token. On October 22nd, 2022, the deployer transferred 1 billion $SUI tokens to a scammer's address. The scammer used these tokens along with 20 $BNB to add liquidity to the PancakeSwap pool.

On May 22nd, 2023, after waiting for several months without any activity or trading volume on this fake token project; the scammer removed all available LP funds worth around $196k USD by draining them from the PancakeSwap pool and transferred them into another EOA address. Currently, there is only about $300 USD worth of $BNB remaining as liquidity in that pool.

Scammer Address:

https://bscscan.com/address/0x333ec34e…5e8764

Deployer Address:

https://bscscan.com/address/0x54bCf365…41Fe19

Funds Holder Address:

https://bscscan.com/address/0x5e33f620…cddc3b

Liquidity Removal Transaction:

https://bscscan.com/tx/0xfb1f1fdc…3e3850

Deployer Relation Proof:

https://bscscan.com/tx/a7632b84d35d4d99133ae0a9b59f8b48af77c92666be4e3fde0b0ece134b6dc3

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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