GainSwap Rug Pull: $8.00M Reported Loss
At around 4:00 a.m. on June 8, the GainSwap project, which had been online for less than 12 hours, suddenly swept away nearly $8 million in digital assets pledged by users, closed the website access, and then entered a state of losing contact and running away.
- Reported loss
- $ 8,000,000
- Attack category
- Rug Pull
Incident Overview
This is also Heco. One of the projects with the largest amount of running away on the show. In January 2022, according to the public security information of Chizhou City, Anhui Province, the police in Chizhou City recently cracked a case of illegally obtaining virtual currency data from a computer system using blockchain technology, involving a value of about 50 million yuan. After the cooperation of the police in Guangdong, Sichuan and Hunan, all eight suspects were arrested. The police seized and seized the assets involved in the case, such as villas and luxury cars worth tens of millions purchased by the suspect with the full amount of the stolen money, and frozen about 6 million virtual assets.
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.