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Hack history / 2022 / Rug pull

Cashera

Rug pull on May 9, 2022 · Scam

SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$90K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,769
among thefts by dollars lost

What happened

Cashera is a project that claims to offer a "banking revolution" through its CSR crypto token. The project does a number of things to try to appear legitimate, including linking to government records showing a company named after it is registered in the UK and conducting a smart contract audit courtesy of AuditRateTech. Their website boasts "partners" including VISA, PayPal, Netflix and Spotify. Still, project deployers suddenly minted 23 million CSR tokens, which they exchanged for nearly $90,000 in other assets, plummeting the token value by about 70% in the process. The development team also took the project website offline.

Details

Date
May 9, 2022
Kind
Rug pull
Method
Scam
How in
Insiders: rug pulls, frauds, collapses
Target
not stated
Chains
BNB Chain

Reported by

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Cite this pageSwanBluechip, "Cashera rug pull, May 9, 2022: $90K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht8dc009a329/ (data as of 2026-10-31).
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