ChainBleedv0.1 · open intel
← back to feed·TRONRUG2020-11-10 · 5y ago
Incident · SLOWMIST

SharkTron

Rug Pull
Estimated loss
$10.00M
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
RUG
RUGBYTECODE CATCHABLEAI SCANNABLE
Root cause

Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.

Forensic narrative

According to FXStreet, the community accused Daniel Wood of the DeFi project based on the Tron blockchain and the anonymous developer of the JustSwap whitelist project SharkTron for running away. Although the specific losses are not yet known, Twitter users reported that they lost 366 million to 400 million TRX (worth about 10 million US dollars). The TRON Foundation officially tweeted that it has contacted Binance to jointly track down the stolen funds and related personnel, and that some funds have been frozen by Binance. The TRON Foundation will also cooperate with other exchanges to track stolen funds. In addition, the TRON Foundation recommends that the victims submit a report to the local police. Attack method (per SlowMist): Rug Pull. Reported loss: $ 10,000,000.

Primary source
https://www.fxstreet.com/cryptocurrencies/news/over-400-million-trx-tokens-stolen-by-defi-protocol-sharktron-202011091401
Sourced from
slowmist
Technical record
chain
tron
protocol
SharkTron
bug_class
rug
date_occurred
2020-11-10
loss_usd
$10,000,000
source_id
sm:sharktron::2020-11-10
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