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ID:

gigaswap-1156

Date:

Status:

Incident Count:

September 16, 2022

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

273,046

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Assets

Token

Scams

Extended Method:

Rug Pull

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Days in Operation:

1

(0.00 Years)

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Certik Alert reported a price slippage on GigaSwap.

Onchain analysis indicated that the deployer minted 1 billion CHAO tokens, added to 50 WBNB to the liquidity pool, and then rug pulled it by swapping the tokens for a total of 186 WBNB. 120 WBNB were sent across 1inch router bridge to create a new token contract for Shibarium at https://etherscan.io/address/0x12beb5077b25c4b80aa695300cc4f9fd177b47fe to probably setup a new scam.

Funds to launch this rug pull traced to a previously identified rug pull F*ck Merge (F*ck) and its derivative tokens - https://etherscan.io/address/0xd3538673f471f1fe2fd6fb13e51a21e0f6b1bee1 and https://etherscan.io/tx/0x364ad8124c24f96626fd69cda40a13bfc0367e9afb2645bb7f03bd168c062815

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