Cryptocurrency
[loss] $4M+
Tweet by PeckShieldAlert
Primary Source ↗Financial Loss
$3.5M
(3,500,000 USD)
Blockchain(s)
Bsc
Incident Details
The token associated with yet another crypto Pokémon rip-off, PokeMoney, suddenly crashed in price when around 11,800 BNB ($3.5 million) worth of it was pulled out of the project. The incident appeared to be a rug pull.The project creators claimed it was a hack, and stuck around to try to keep the hope alive. They claimed on Telegram that for some reason they couldn’t access the project Twitter account, and so couldn’t inform their community of the hack. They also began rallying their community around hopes for a project relaunch. Meanwhile, they announced a “CHAT MUTE UNTIL TOMORROW TO AVOID FUD” — as any reputable, not-rug-pulled project would do, I’m sure.
Total loss estimated at $3,500,000.
Technical Details
- Initial Attack Vector
- Exit scam / rug pull
- Vendor / Product
- PokeMoney
Timeline
- 2022-05-27 Breach occurred
- 2022-05-27 Publicly disclosed