SwanBluechipHack historyBinance tracker
Hack history / 2024 / Rug pull

Narwhal

Rug pull on Jan 5, 2024 · Rug Pull

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$1.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#792
among thefts by dollars lost

What happened

The liquidity mining project Narwhal’s token experienced two considerable drops within a two day period leading to an overall slippage of approximately 99%. The project’s official X account @Narwhal_fyi, announced that they had experienced an exploit, but did not give any specific details. On-chain links suggest this incident was an exit scam. Approximately $1 million worth of funds were deposited into Tornado Cash with a further $410,000 sitting in two wallets.

Details

Date
Jan 5, 2024
Kind
Rug pull
Method
Rug Pull
How in
Insiders: rug pulls, frauds, collapses
Target
not stated
Chains
BNB Chain

Reported by

Related incidents

ZKasino 2024 · Rug pull · $33M
IBXtrade 2024 · Rug pull · $21.8M
Essence Finance 2024 · Rug pull · $20M
SHARPEI 2024 · Rug pull · $3.4M
Gemholic 2024 · Rug pull · $3.4M
Cite this pageSwanBluechip, "Narwhal rug pull, Jan 5, 2024: $1.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht79d110aa1b/ (data as of 2026-10-31).
Open in the full listAll incidents