Cryptocurrency
[loss] $178,994
Tweet by PeckShieldAlert
Primary Source ↗Financial Loss
$178,994
(178,994 USD)
Blockchain(s)
Bsc
Incident Details
The Baby Elon project on BNBChain rug pulled on June 8, with the token price plummeting 98% as the team withdrew 623 BNB (~$179,000) from the project. They quickly moved the funds to the Tornado Cash cryptocurrency tumbler.The Baby Elon token is of course not to be confused with Baby Musk, a different BNB Chain-based, baby Elon Musk-themed memecoin that rug pulled in February after a $2 million ICO.
Total loss estimated at $178,994.
Technical Details
- Initial Attack Vector
- Exit scam / rug pull
- Vendor / Product
- Baby Elon coin
Timeline
- 2022-06-08 Breach occurred
- 2022-06-08 Publicly disclosed