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Security Incident · Blockchain

DRAC Network Rug Pull: $4.50M Reported Loss

·Historical incident record

DeFi project DRAC Network appeared Rug Pull, with the price of the token $TEDDY dropping 99.4%.

Reported loss
$ 4,500,000
Attack category
Rug Pull

Incident Overview

10,000 $BNB and 2 million $BUSD have been slowly transferred to Binance. It is said that the deployer deployed the contract and transferred a large quantity of $TEDDY to 0xdbe8ef79a1a7b57fbb73048192edf6427e8a5552, then pump and dump the price of $TEDDY.

Sources & References

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.