Digital Asset
Intelligence
Security Incident · Blockchain

DRAC Network Rug Pull: $4.50M Reported Loss

·Historical incident record

Incident Overview

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

Original incident referencehttps://tokeninsight.com/en/news/peckshieldalert-defi-project-drac-network-appeared-rug-pull?at_medium=RSS (opens in a new tab)

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.

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