What happened
Quick Summary
On the 9th of April ZOC on the BSC chain was rugged for approx 77k USD.
Details of the Exploit
The team responsible for managing liquidity in the ZOC protocol executed a liquidity removal scam, causing the project to suffer significant losses. The contract deployer removed a significant amount of liquidity pool (LP) and sold off the token, leading to a sharp drop of around 90% in its initial price.
Block Data Reference
Scammer:
https://bscscan.com/address/0xfad248b5…f8a28e
Liquidity removal:
https://bscscan.com/tx/0xb7fcda93…63170d
https://bscscan.com/tx/0xec4c14d4…7d381a
https://bscscan.com/tx/0x6e950143…99ac0d
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
ZOC
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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