Cryptocurrency
Tweet by CertiK
Primary Source ↗Blockchain(s)
Solana, Ethereum, Bsc
Incident Details
The Megabot project rug pulled, stealing $742,000 from those who bought in to the project’s presale. The majority of the money — around $692,000 — was stolen on the Solana network.Megabot had advertised itself as an AI trading bot that would earn users “up to 30% monthly”. The team had promised that the bot would perform trades while “sidestepping potential risks such as honeypots, rugs, and slow rugs”.“No one will be able to rug you anymore”, their website boasted. Ah, well.
Technical Details
- Initial Attack Vector
- AI-assisted attack or AI-generated exploit
- Vendor / Product
- Megabot exit
Timeline
- 2023-12-25 Breach occurred
- 2023-12-25 Publicly disclosed