Security company: Arbitrum ecological DEX ArbiSwap is suspected of Rug Pull
March 2nd, 2023

According to the monitoring of DeFi security review agency Rugdoc.io, the Arbitrum ecological DEX ArbiSwap is suspected of Rug Pull, reminding users to withdraw assets as soon as possible and revoke relevant permissions. According to the data, ARBI prices fell by 100%.

According to Paidun’s analysis, ArbiSwap deployers minted 1 trillion ARBI before the Rug Pull, and then they exchanged ARBI for $USDC, resulting in a sharp drop in ARBI in the USDC/ARBI transaction pair. In the next block, the robot passed USDC to ARBI and then Space arbitrage for ETH transactions, with a profit of 68.47 ETH. ArbiSwap has transferred 84 ETH to the Ethereum mainnet and sent it to Tornado Cash.

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