Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m – Certik

The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit fraud for over $1 million, according to an October 9 report from blockchain security company Certik. The jobs deployer account called the withdrawToken function on both the NFTMerge and AdwardCenter agreements, removing over $1 million in LSC from them. These tokens were then switched for Binance USD (BUSD) stablecoin and sent to another account. #CertiKSkynetAlert We can validate an exit fraud on @AstrAstrol75591 LSC token Bsc: 0x2b3559c3DBdB294cbb71f2B30a693F4C6be6132dEOA 0x9Ef withdrew LSC tokens from the AwardCenter agreement. Tokens were then cost $1.1 mhttps:// t.co/ sy7vFfqhf5– CertiK Alert (@CertiKAlert) October 9, 2023

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The projects deployer account called the withdrawToken function on both the NFTMerge and AdwardCenter contracts, getting rid of over $1 million in LSC from them. #CertiKSkynetAlert We can verify an exit rip-off on @AstrAstrol75591 LSC token Bsc: 0x2b3559c3DBdB294cbb71f2B30a693F4C6be6132dEOA 0x9Ef withdrew LSC tokens from the AwardCenter agreement. As of October 9, the tasks site and user interface are offline.Before the supposed carpet, Lucky Star Currency was greatly promoted on the Chinese news app Toutiao and Q&A platform Zhihu.At around 02:52 a.m. UTC, BNB Smart Chain address 0x9Ef72Ee68a7c841986A0C60e0FDbAE4e27446Deb got rid of over 1.6 million LSC from the AwardCenter contract for Lucky Star Currency.

Lucky Star Currency is a project that concentrates on Claims and nfts to be founded by astrologists. Its contracts consist of an Award Center and NFT Marketplace. It is marketed towards the Chinese crypto investment market. The team promotes the task on X (formerly Twitter) under the username @AstrAstrol75591. It likewise has a Telegram channel. As of October 9, the tasks site and interface are offline.Before the supposed rug, Lucky Star Currency was heavily promoted on the Chinese news app Toutiao and Q&A platform Zhihu.At roughly 02:52 a.m. UTC, BNB Smart Chain address 0x9Ef72Ee68a7c841986A0C60e0FDbAE4e27446Deb removed over 1.6 million LSC from the AwardCenter agreement for Lucky Star Currency. In a second transaction, an additional 1.4 million LSC was drained from the projects NFTMerge contract. After draining pipes funds, the enemy swapped them for over $1 million in BUSD via Pancake swap and then sent them to account 0x23f8c805306Bf27AB8bf3cEbEce4B778acfFd896. This account has actually been getting BUSD from different sources for the previous 82 days, implying that there might be more than one scam transferring funds to it.According to Certik, the contracts that were drained have actually been noted on Telegram as the jobs main contracts.Admin Telegram post stating the official addresses for LSC agreements NFTMerge and AwardCenter. Source: Certik.In addition, blockchain information reveals that the attacking account is the deployer for the AwardCenter contract.Related: Chinese DeFi procedure WDZD Swap exploited for $1.1 M: CertiKThe company that promoted the project declared to have an office in Shenzen City, China.Lucky Star Currency office, Shenzhen, China. Source: Certik, TelegramRug-pulls from Chinese jobs have actually become a recurring issue in the Web3 space. Running a centralized cryptocurrency exchange is unlawful in the nation. Users who deposit to a Chinese procedure that has actually centralized elements may risk having their funds taken by authorities since of this. Over $100 million were lost in July when the China-based Multichain procedure drained pipes all of its users funds into an aggressors account. The group alleges that cops have detained their CEO, but victims still browse for answers as to what happened to their funds and how they can be compensated.