Lucky Star Currency drops 97% with $1.11m drained
Lucky Star Currency (LSC), a newly launched token on the Binance Smart Chain (BSC), has rugpulled its users of $1.11 million. Its value crashed by 97%. AegisWeb3, a security protocol developed by blockchain security firm PeckShield, called attention to the rug pull in a post on Oct. 9. AegisWeb3’s alert highlighted the emergence of the scam, with the value of LSC plummeting by a staggering 97%. SECURITY ALERT – $1.11M Exit Scam AegisWeb3 has detected the emergence of an exit scam on #BSC. The token $LSC (https://t.co/2ANV5ksVjE) has dropped 97%. pic.twitter.com/wj39B7ztLd — AegisWeb3 (@AegisWeb3) October 9, 2023 The exit address, 0x9Ef, executed the fraudulent operation by dumping 3 million LSC tokens, securing a profit of approximately $1.11 million in Binance USD (BUSD). Following this, the funds were swiftly transferred to another address, 0x23f, further obscuring their tracks. You might also like: A bullish week for crypto: gainers, losers, and trends...