TrustPad Hack

TOTAL LOST $56K
Low Rugpull

What happened

Quick Summary

TPAD token was rugpulled by the deployer, removing liquidity worth 240,006 USD from PancakeSwap pool, causing a total loss of 56,329 USD.

Details of the Exploit

TPAD is a BEP20 token trading on PancakeSwap. On Nov 23, 2023, the deployer removed liquidity from the LP pool, amounting to 240,006 USD. The stolen funds were then transferred to another EOA address and subsequently distributed among multiple addresses.

The total funds lost in this exit scam are 56,329 USD, equivalent to 390.58 WBNB.

Block Data Reference

Deployer Address:

https://bscscan.com/address/0x2Ca8Ec9d…A3b4fd

Liquidity Adding Transaction:

https://bscscan.com/tx/0xcf321926…6260cf

Liquidity Removal Transaction:

https://bscscan.com/tx/0x0ccb4b81…c32fa0

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract TPAD
Official Website trustpad.io/
Protocol Twitter/X @trustPad

Evidence & learning

Sources and on-chain records

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