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Philcoin.md

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Philcoin

Philcoin

  • Amount Lost: $103,000.00
  • Funds Returned: $0.00
  • Category: Token
  • Date: 2023-1-4

Quick Summary

On Jan 4, 2023, the team behind the PHL Token token executed a rug pull, resulting in a loss of funds worth $103k USD.

Details of the Exploit

claimTokens() on contract 0xA803 executed and allows the team to withdraw a significant amount of tokens for dumping. This resulted in a rapid drop in the token's price by approximately 73%.

Block Data Reference

Deployer:

https://bscscan.com/address/0x6500d1d9d723d5b431d4b0c4f1086bf33a8c7a45

Proof Links: