This is linked to a price manipulation exploit on #FAMA token on BSC
The attacker took advantage of the syncFamaStakeAccount() function which can transfer tokens from the pool to the stake contract, inflating the price of FAMA
https://t.co/zOXh45OKW5
Attacker created their own MCoin/USDT LP which they funded with 1 MCoin and .00000001 USDT
When conducting an MCoin -> AI Pay token buy the function chose the attacker's LP as the best route and sent MCoin to it which they removed after.
They basically gained free AI Pay
🚨TenArmor Security Alert🚨
Our system has detected a suspicious attack involving #AiPay and #MCoin tokens on #BSC, resulting in an approximately loss of $30.1K.
Attack transaction: https://t.co/qLKUEE86Ra
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#TenArmorAlert #TenArmor
@officer_secret@zachxbt Its not a traditional click and drain, funds were moved using transfer()
This 'victim' wallet hasn't even been used since 2021
https://t.co/gucTHv7kGE
so unless they found something holding PK or seed phrases 🤷♀️
@rugpullfinder could be innocent 👀
BUT
Swarm multisig changed owner -> revoked previous owners -> transferred $1M -> deposited to TC
Happened on more than one of their multisigs
https://t.co/jI263ZveMH
@rugpullfinder@blockdagnetwork@zachxbt think he did yeah.
This looks more like a cover up than a rug (or designed to look that way) but no one talked about it
https://t.co/v9NXroEj3l
1 of Swarm multisigs with similar activity before Tornado deposits
https://t.co/Dhj54re76g
@rugpullfinder id be surprised if @blockdagnetwork didn't rug or 'fail'
Over a year in presale + random presale discounts and double ups
CEO and owner is not Antony as they state
False promises
~$60k rugpull by the Grok Manyu team
contract address added as 'monetaryPolicy'
https://t.co/a8yTGUNO15
Rebase token which required monetaryPolicy role
https://t.co/W8bOubqYf9
When they rebase it reduced the total supply allowing them to sell tokens for a higher price
@dd3_cs yeah its insane. I don't know a huge amount about MEV but its not unusual to see fees that are far higher than profit
This is a good read https://t.co/9mIBCkSaOt
The problem is the amountOutMinimum (the minimum number of tokens you would accept for the trade) was set to zero, so the user expects at least zero USDT for their USDC