Hack history / 2024 / Rug pull
SHARPEI
Rug pull on Oct 23, 2024 · Rug Pull
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$3.4M
dollars at the time
Returned
none listed
as the sources state it
Rank
#556
among thefts by dollars lost
What happened
A dog-themed memecoin project called SHARPEI abruptly cashed out $3.4 million, tanking the token price by more than 96% in seconds. The project had been promoted by crypto influencers, but hit a snag when a pitch deck for the project leaked. The deck contained multiple lies, including claims to have hired multiple "KOLs" who later denied involvement, and false claims of partnerships with various platforms and projects. As the token price stuttered along with these revelations, insiders apparently decided to quit while they were ahead, and cashed out in a quick and coordinated sale.
Details
- Date
- Oct 23, 2024
- Kind
- Rug pull
- Method
- Rug Pull
- How in
- Insiders: rug pulls, frauds, collapses
- Target
- not stated
- Chains
- Solana
Reported by
Related incidents
ZKasino 2024 · Rug pull · $33M
IBXtrade 2024 · Rug pull · $21.8M
Essence Finance 2024 · Rug pull · $20M
Gemholic 2024 · Rug pull · $3.4M
Narwhal 2024 · Rug pull · $1.5M
IBXtrade 2024 · Rug pull · $21.8M
Essence Finance 2024 · Rug pull · $20M
Gemholic 2024 · Rug pull · $3.4M
Narwhal 2024 · Rug pull · $1.5M
Cite this page
SwanBluechip, "SHARPEI rug pull, Oct 23, 2024: $3.4M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht669c9399aa/ (data as of 2026-10-31).