Terk The Gorilla Hack

TOTAL LOST $122K
Low Rugpull

What happened

Terk The Gorilla (TERK) token's liquidity was siphoned off in a rug pull, leading to a loss of 122,440 $USD, or 65.35 ETH.

TERK, an ERC20 token trading on Uniswap, suffered an exit scam in the form of a rug pull on July 26, 2023. The token's deployer withdrew all liquidity from the LP pool and then moved the stolen funds through multiple EOA addresses. The assets were then distributed among a range of different addresses using CoinTool.

The total estimated loss from this rug pull is 122,440 $USD, or 65.35 ETH.

Deployer's Address:

https://etherscan.io/address/0x82d8eE74…fDEd92

Liquidity Removal Transaction:

https://etherscan.io/tx/0x4358608c…4bd1b3

Funds Distribution Transaction:

https://etherscan.io/tx/0x0a8f1862…d8bf6f

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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