Mapped Transactions of a Serial Rug Pull Scammer

August 29, 2022 - ISACA recently published an article where the authors, Tuan Phan of Zero Friction and Chad Friedman of Web3rekt.com, mapped several transactions across 37+ smart contracts relating to a serial rug puller who has rugged over $2M since late July of 2022.

https://www.isaca.org/resources/news-and-trends/isaca-now-blog/2022/mapping-a-serial-rug-pull-scammer-on-binance-smart-chain


The article highlighted a few tracing techniques that may assist auditors and cybersecurity professionals to follow illicit transactions using blockchain explorers. The article also provided a summary of a machine learning study as an effort to identify leading indicators that can potentially flag a rug pull event.


The article utilized data set from web3rekt.com for its analysis. More details can be obtained from the article.