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Fake-GIGS-Token-Rugpull.md

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GigaDAO

GigaDAO

  • Amount Lost: $107,819.00
  • Funds Returned: $0.00
  • Category: Token
  • Date: 2023-11-23

Quick Summary

GIGS token was rugpulled by deployer, removing liquidity worth 240,270 USD from PancakeSwap pool, causing a total loss of 107,819 USD.

Details of the Exploit

GIGS is a BEP20 token trading on PancakeSwap. On Nov 23, 2023, the deployer removed liquidity from the LP pool in an exit scam. The attacker added 456.12 WBNB as liquidity to the pool and then removed it, equating to a loss of 107,819 USD. The stolen funds were transferred to another EOA address and subsequently distributed among multiple addresses.

Block Data Reference

Deployer Address:

https://bscscan.com/address/0x1C1208b490eeFaa64C620214Ff6Aac50a6BfAFF6

Liquidity Adding Transaction:

https://bscscan.com/tx/0xc50665cb0110064e844c975922495b110fe99d90995d1f28f1fab78da5a7a992

Liquidity Removal Transaction:

https://bscscan.com/tx/0x87398f1e22d1dd931b37863d76ac2494552b6e7efcc6e182bb4dd854be9d7223

Proof Links: