Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
According to SlowMist, IEGT tokens were created on BSC on July 13. Its creators "secretly minted a large number of tokens in preparation for pulling the rug". Although the project’s token supply is only 5 million tokens, this enabled the team to sell 1 billion tokens, cashing out approximately $1.14 million in USDT stablecoins. According to SlowMist, the project party modified the balance of the specified address through inline assembly when the contract was initialized, and secretly issued a large number of tokens that were not known to other users, causing users to be Rug when participating in the project. Attack method (per SlowMist): Rug Pull. Reported loss: $ 1,140,000.
- chain
- bsc
- protocol
- IEGT
- bug_class
- rug
- date_occurred
- 2023-07-26
- loss_usd
- $1,140,000
- source_id
- sm:iegt::2023-07-26