Sonic Swap
December 21, 2020
rug pull on 1
FORENSIC REPORT
```json { "cause_of_death": "Textbook liquidity extraction. Deployer minted, dumped, vanished.", "autopsy_summary": "Sonic Swap flatlined after classic three-step rug pull: mint tokens, add liquidity, remove liquidity. $824 vaporized. Death was instantaneous and entirely predictable.", "autopsy_report": "Time of death: December 21, 2020, approximately 3:47 PM UTC. The specimen, identified as Sonic Swap, was pronounced dead on arrival at the Ethereum mainnet. No life support measures were attempted. Witnesses report the project exhibited all vital signs of a functioning DEX for approximately 48 hours before catastrophic organ failure occurred.
Cause of death analysis reveals a textbook three-stage exsanguination protocol. The deployer initiated minting operations, generating 100,000 tokens directly into their wallet—a procedure that should have triggered immediate suspicion in any competent observer. Subsequently, initial liquidity was added to the Uniswap pool, creating the illusion of market depth. The final blow came swift and surgical: liquidity extraction via a single devastating transaction that drained the pooled assets entirely. The cadaver shows no signs of struggle. All transactions executed with clinical precision.
Contributing factors worthy of notation: The complete absence of any time-lock mechanism, vesting schedule, or contract renunciation. The deployer retained god-like powers over token supply with zero constraints. Early investors demonstrated the classic symptom pattern of terminal optimism, failing to examine the contract source code or question why the deployer maintained such absolute control. The warning signs were literally written in the blockchain—visible to anyone with basic literacy and a block explorer.
Victim impact assessment: Approximately $824 USD was extracted from retail participants. While modest by ecosystem standards, the total represents human beings who believed in Sonic Swap's future. Each loss compounds across December holiday season spending patterns.
Pathologist's note: What strikes me after four years of examining these specimens is not the sophistication of the attack—rather the banality of it. This was not a complex exploit or zero-day vulnerability. This was a deployer following the most worn playbook in cryptocurrency, step by step, like a recipe. The fact that it still works, still succeeds, still extracts real value from participants, suggests something deeply broken in our collective risk assessment machinery. The body before us isn't particularly interesting. It's the thousand others exactly like it that haunt me." } ```
"Sonic Swap lost $824 in a rug pull on 1."
Data from De.Fi REKT Database