Swello Finance Hack
What happened
Swello Finance has been rugpulled by the contract owner of the project. The contract owner called the pullForBNB() function through an unverified contract that dumped $SWLO against $WBNB via PancakeSwap.
Swello Finance was a staking service provider with a high APY rating.
The token owner address received 3.8b $SWLO tokens from the contract deployer in this tx: https://bscscan.com/tx/0x66bc6833…c690a4.
Then the token owner interacted with an unverified smart contract that was created by the scammer. By calling the pullForBNB() function the smart contract exchanged 7.3b $SWLO tokens in total on PancakeSwap to ~891 WBNB and transferred the funds to the scammer wallet address (https://bscscan.com/tx/0xb99d2914…5b9971).
As the time of this writing information on this case is scarce. More sources will be added if the case should develop.
Scammer address (A): https://bscscan.com/address/0xf23c31aa…b67c32
Scammer address (B): https://bscscan.com/address/0x70d4a89b…e13100
Scammer's contract: https://bscscan.com/address/0x4aa97b49…3d5e6f
Involved addresses:
https://bscscan.com/address/0x511396d9…5dc22c
https://bscscan.com/address/0x7cc49028…be7e79
Addresses contacted with scammer's contract: https://bscscan.com/address/0x4aa97b49…3d5e6f#tokentxns
Case & protocol details
Evidence & learning
Sources and on-chain records
- report Report desk.lsr.finance
- report Report coinmarketbag.com
- analysis Web Archive web.archive.org
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