pump.science Private Key leaked, fake coins launched Market Cap soared to tens of millions of dollars at one point

Original title: 'pump.science WalletPrivate Key Leakage: An Unfinished Storm'

Original author: Karen, Foresight News

On the evening of November 25th, Urolithin B (URO) Token, labeled as the creator of RIF and URO on pump.fun, made many community members mistakenly believe that it was the official Token issuance of pump.science. Urolithin B (URO) quickly 'graduated' and its Market Cap soared to $10 million within two minutes after joining the liquidity pool. However, it began to decline continuously afterwards, and its Market Cap has now fallen to about $100,000.

It seems that this incident has also had an impact on the market performance of Urolithin A (URO) and Rifampicin (RIF), both of which have fallen by more than 30% in the past 24 hours. So, what exactly is going on?

pump.science wallet private key pair leaked

The event was caused by the leakage of the wallet private key of pump.science.

According to the official statement from pump.science, due to an oversight in its GitHub repository, the WalletAddress T5j2UBTvLYPCwDP5MVkSALN7fwuLFDL9jUXJNjjb8sc was attacked and the attacker found the Secret Key pair in the website's Source Code. The Secret Key pair was originally used for testing purposes in pump.science's GitHub from the start, and the development team was not aware of its importance.

From the scam URO Token page that appeared on pump.fun last night, it can be seen that the Wallet Address that deployed this fake Token is T5j2UBTvLYPCwDP5MVkSALN7fwuLFDL9jUXJNjjb8sc. According to pump.fun, this Address has off-chain deployed the two official Tokens Urolithin A (URO) and Rifampicin (RIF), with current Market Caps of approximately 87 million USD and 37 million USD, respectively.

The URO Token scam this time was carried out using an Address starting with T5j2UBT, which leaked the Secret Key. This is why the deployment of the official URO and RIF Tokens is shown on pump.fun as an on-chain issuance of new coins by the deployer.

pump.science indicates that the Wallet is marked as the off-chain Token creator for URO and RIF on pump.fun, and attackers may use this Wallet to issue more Tokens. In addition to URO and RIF, any other Tokens issued by this Wallet should be considered fraudulent.

It is worth noting that the official pump.science has not taken any remedial or compensatory measures for those who mistakenly believed and dumb buying the fraudulent URO Token, which has caused widespread follow and discussion in the community.

pump.fun off-chain creation function causes confusion in blockchain browsers and data tools display

What also caused confusion in the community is the display of the Token creator in pump.fun, blockchain browser, and data tools.

pump.science official URO and RIF Token are created through pump.fun off-chain, while the fraudulent URO is created through pump.fun on-chain. However, the blockchain explorer solscan shows that the deployer Address of Urolithin A (URO) and Rifampicin (RIF) is: BLDRZQiqt4ESPz12L9mt4XTBjeEfjoBopGPDMA36KtuZ.

Next, let's first understand the off-chain launch coin function of pump.fun. On the pump.fun platform, the off-chain launch coin is free, and it will not be recorded on-chain immediately after Token issuance, it will only be recorded on-chain when the first buyer appears. The first buyer needs to pay the Token issuance cost. Therefore, for Tokens created off-chain, the first buyer is usually mistakenly recognized as the deployer of the Token by blockchain browsers such as solscan or GMGN and other data tools.

For example, after the official URO and RIF Token are created off-chain, the WalletAddress BLDRZQiqt4ESPz12L9mt4XTBjeEfjoBopGPDMA36KtuZ of the first buyer is mistakenly marked as the deployer of the Token by solscan or GMGN.

Here, the author reminds investors to distinguish and verify the tokens created on-chain and off-chain at pump.fun when investing in Meme Tokens to avoid falling into scams. In addition, caution should be exercised regarding any potential tokens starting with T5j2UBTvLY in the Wallet issuance leaked by pump.science. At the same time, we also hope that platform operators and token issuers can enhance security measures to prevent such fraudulent activities from happening again.

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