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Detail Analysis

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Date:

Status:

Count:

Contributor:

September 26, 2020

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Verified

1

zerofriction.io

Loss Amount:

1,300,000

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Recovered Amount:

-

Currency:

Dollars

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Ethereum

Protocol

Scams

Extended Method:

Rug Pull

Data Sources:

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On September 26, the SushiSwap imitation project named GemSwap was exposed and LP was taken away. The query found that the project posted a tweet at around 15:00 today and revealed that it was attacked by the developer of "whatitdobb". It is understood that the project completed the liquidity migration earlier today, but the developer who initiated the attack had executed this function allowing the address of "feeToSetter" to withdraw the underlying tokens of the LP. And post-migration, this was exploited by the thief. The relevant permission was obtained and the tokens in the liquidity pool were able to be taken away. The specific losses caused by this attack are currently unclear.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.