Cryptocurrency
[loss] $141,000
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Primary Source ↗Financial Loss
$141,000
(141,000 USD)
Blockchain(s)
Bsc
Incident Details
Kingfund Finance suddenly drained more than 300 WBNB (about $141,000) from their project. This happened a few days after users began to report being blocked by the project’s Twitter account and kicked from its Telegram channel for reporting issues with unavailable funds, apparently an attempt to buy time as they prepared for their exit. Around the time of the rug pull, they took their Twitter and website offline.
Total loss estimated at $141,000.
Technical Details
- Initial Attack Vector
- Exit scam / rug pull
- Vendor / Product
- Kingfund Finance
Timeline
- 2022-01-19 Breach occurred
- 2022-01-19 Publicly disclosed