Hack history / 2022 / Rug pull
DRAC Network
Rug pull on Jul 25, 2022 · Rug Pull
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$4.5M
dollars at the time
Returned
none listed
as the sources state it
Rank
#480
among thefts by dollars lost
What happened
DeFi project DRAC Network appeared Rug Pull, with the price of the token $TEDDY dropping 99.4%. 10,000 $BNB and 2 million $BUSD have been slowly transferred to Binance. It is said that the deployer deployed the contract and transferred a large quantity of $TEDDY to [address], then pump and dump the price of $TEDDY.
Details
- Date
- Jul 25, 2022
- Kind
- Rug pull
- Method
- Rug Pull
- How in
- Insiders: rug pulls, frauds, collapses
- Target
- not stated
- Chains
- BNB Chain
Reported by
Related incidents
Dracula (DRAC) 2023 · Rug pull · $38K
mgnr 2022 · Rug pull · $52M
DeFiAI 2022 · Rug pull · $40M
Flare 2022 · Hack or exploit · $18.5M
AFKSystem 2022 · Rug pull · $12M
mgnr 2022 · Rug pull · $52M
DeFiAI 2022 · Rug pull · $40M
Flare 2022 · Hack or exploit · $18.5M
AFKSystem 2022 · Rug pull · $12M
Cite this page
SwanBluechip, "DRAC Network rug pull, Jul 25, 2022: $4.5M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htd5fc35b30b/ (data as of 2026-11-01).