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CASE FILE #13
Rug PullEthereumGaming

POKeFARM

November 13, 2020

CAUSE OF DEATH

Unrestricted minting combined with unlocked liquidity. Classic execution.

TOTAL LOST
$238K
CHAIN
Ethereum
TYPE
Rug Pull
📄

FORENSIC REPORT

TIME OF DEATH

Time of death: November 13, 2020, approximately 03:47 UTC. The specimen, a gaming-adjacent token project operating on Ethereum mainnet, presented as a fully functional DeFi application to the broader community. Initial vitals appeared stable. Secondary examination reveals the project was dead on arrival—a sophisticated long-con requiring methodical execution and technical sophistication beyond the typical exit scam. The deployer had embedded kill switches into the architecture from inception.

CAUSE OF DEATH ANALYSIS

Cause of death analysis: The fatal architecture contained three compounding defects, any one of which would have proven lethal. Primary cause: unrestricted minting functionality granted to contract owner, allowing creation of 1,000,000 POK tokens outside normal supply parameters. Secondary cause: liquidity pools lacked time-locks or governance controls, permitting immediate drainage. Tertiary cause: proxy contract architecture included mechanisms for obfuscation—the true token generation occurred in shadows, away from community observation. The pathology suggests premeditation rather than negligence.

CONTRIBUTING FACTORS

Contributing factors and warning signs: Multiple red flags were present but remained undiagnosed by the victim community. The proxy contract architecture itself signals sophisticated intent—novice developers don't implement proxy patterns to confuse auditing. Distribution methodology employed deliberate misdirection: sending POK tokens to multiple wallets in descending amounts (500K, 250K, 150K, 100K) created artificial appearance of organic distribution and community participation. This theatrical performance continued through the final act: the recipient converted holdings to 500 ETH and methodically cycled proceeds through Tornado Cash across five separate transactions, demonstrating operational security training.

VICTIM IMPACT

Victim impact assessment: The specimen claimed $238,435 in total liquidation value, representing actual capital extracted from retail participants. The true victim count extends beyond quantifiable losses—we observe psychological trauma consistent with elaborate deception. Participants believed they were acquiring exposure to a gaming-based DeFi protocol; they were actually funding exit liquidity for a predetermined theft operation. The Tornado Cash utilization indicates perpetrators understood enforcement risk and took deliberate steps to obscure origin of stolen funds.

PATHOLOGIST'S NOTE

Pathologist's note: In three years of forensic cryptocurrency analysis, the sophistication here warrants observation. This wasn't panic-driven theft or impulsive rug-pulling by incompetent developers. This specimen shows signs of a professional operation: unrestricted minting, proxy obfuscation, theatrical distribution, coordinated conversion to ETH, and systematic laundering through mixer protocols. The perpetrators understood they would face consequences and built operational security accordingly. The project's gaming narrative served exclusively as cover—a narrative vehicle for capital accumulation. POKeFARM never intended to farm anything but investor wallets. Time of death: Day one. Cause of death: Everything, by design.

"POKeFARM's death was textbook: owner minted 1M tokens out of thin air, distributed them to accomplices, converted to ETH, then vanished through Tornado Cash. Two hundred thirty-eight thousand reasons this wasn't an accident."

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Data from De.Fi REKT Database