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Hack history / 2020 / Rug pull

LV Finance

Rug pull on Sep 20, 2020 · Rug Pull

ONE SOURCE · 1 SOURCE
Lost
$4M
dollars at the time
Returned
none listed
as the sources state it
Rank
#524
among thefts by dollars lost

What happened

According to the intelligence of the SlowMist Zone, the LV Finance project of the Ethereum mining project is suspected of running away within an hour and 4 million have been transferred away. Unlike previous projects, the project used fake audit websites and provided false audit information to trick investors into doing business. Invest and run away when the amount in the fund pool is large enough after a period of time. Currently, the project website lv.finance is no longer accessible.

Details

Date
Sep 20, 2020
Kind
Rug pull
Method
Rug Pull
How in
Insiders: rug pulls, frauds, collapses
Target
not stated
Chains
Ethereum

Reported by

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NUGS/NEXE 2020 · Rug pull · undisclosed
Cite this pageSwanBluechip, "LV Finance rug pull, Sep 20, 2020: $4M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htb0eea92cd7/ (data as of 2026-10-31).
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