- Amount Lost: $70,000.00
- Funds Returned: $0.00
- Category: Token
- Date: 2023-8-7
Quick Summary
The BabyShiba2.0 token recently experienced a rug pull incident, leading to a significant loss of approximately $70k USD.
Details of the Exploit
The project team behind the BabyShiba2.0 token executed a rug pull by performing token dumping at the PancakeSwap V2 pool. As a result, they successfully withdrew and transferred a total of 293 BNB, equivalent to $70k USD, distributing the ill-gotten funds across four different wallets.
This sudden liquidity removal and token transfer event caught the community off guard, causing substantial financial losses to investors and holders of BabyShiba2.0 token.
Block Data Reference
Scammer address:
https://bscscan.com/address/0x94d471c6154993ba9a46aab05ad6057f44166a15
Liquidity Removal tx:
https://bscscan.com/tx/0xf574ab035175a9f79b7ca7d785c4c2a7b61f1ff192e6b51157e473a36bcda644
Proof Links: