Trust Bridge Rug Pull

Reported loss $120K
Rugpull

What happened

Quick Summary

Trust Bridge token was rugpulled by the token deployer. Liquidity removal caused a loss of 120,083 $USD.

Details of the Exploit

Trust Bridge is a BEP20 token trading on PancakeSwap. The token deployer created a pool with 5,000,000 $TWB tokens and 20,009 $BUSD on 15 November. On 20 November all the provided liquidity was removed for 140,092 $BUSD.

All the stolen funds were transferred through TornadoCash.

Block Data Reference

Scammer address:

Address 0x4f51…9b91

Liquidity removal transaction:

Tx 0xdfc4…b7a8

Protocol details

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

Evidence

Same attack technique

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