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ID:

hut2-token-1064

Date:

Status:

Incident Count:

August 21, 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:

376,429

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Recovered:

-

Rewards:

Currency:

USD, HUT

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Assets

Token

Scams

Extended Method:

Rug Pull

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Days in Operation:

31

(0.08 Years)

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Certik Alert reported that a rug pull on Hut token after its price dropped over 90%.

Onchain analysis indicates that the deployer minted 3.3M tokens but sent 100k tokens to an EOA 0x20e79A in two separate transactions. The EOA later swapped 22.5k HUT tokens (including the removal of liquidity) to USDC resulting in the significant drop in token price.

https://www.tradingview.com/x/IEH8GfWc

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