- Amount Lost: $160,000.00
- Funds Returned: $0.00
- Category: Token
- Date: 2023-7-23
Quick Summary
The ROACH token recently experienced a rug pull incident, leading to a significant loss of approximately $160,000 USD in 88.1 Ethereum (WETH) tokens.
Details of the Exploit
The project team behind the ROACH token executed a rug pull by performing liquidity removal from the Uniswap V2 pool. As a result, they successfully withdrew and transferred a total of 88.1 WETH, equivalent to $160,000 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 ROACH token.
Block Data Reference
Contract Creator:
https://etherscan.io/address/0x6007d8d700004635340a40b990a4057a16531c2a
Liquidity Removal tx:
https://etherscan.io/tx/0x1aaf5bd1ae2a42f429f204cba2d665628fff13d8e3bec9ad83b3f6b16d07fac2
Proof Links: