REKT AUTOPSY
ALL CASES|Scan Wallet →
CASE FILE #31
Rug PullEthereumToken

GrowBase Finance

December 31, 2020

CAUSE OF DEATH

Hidden minting function exploited by deployer for unlimited token generation and exit.

TOTAL LOST
$4K
CHAIN
Ethereum
TYPE
Rug Pull
📄

FORENSIC REPORT

TIME OF DEATH

Time of Death: December 31, 2020, approximately 23:59 UTC. The specimen—GrowBase Finance—was pronounced dead on a chain shortly after deployment when the contract deployer executed a surgical extraction of all remaining value. This was not a natural market death. This was premeditated.

CAUSE OF DEATH ANALYSIS

Cause of Death Analysis: The autopsy reveals catastrophic organ failure in the smart contract's access control layer. The claimRewards() function, ostensibly designed to distribute rewards to legitimate stakeholders, contained a hidden minting vulnerability accessible exclusively to the contract deployer. The deployer minted 100,000 tokens directly into his wallet (tx: 0xdc33e55c43acab62ac30a1910a5c1c6a451dd1cd533a4f487d433499c035f233), added liquidity with this illicitly-generated supply (tx: 0x0280abeee46c7469336350a26ce94b283fbf1aad7295a32e16a397f1dec83886), then systematically minted additional tokens via the claimRewards function (tx: 0x0345fdc9f4f010c668ee8b3309afc7cdc6643fd948ac04c1128e033290dd385e) before liquidating the entire position (tx: 0xc3378386196fcf8735566bc73c328215ce0671f03ed97c8601a287e9e2841851). The specimen was hollowed from the inside.

CONTRIBUTING FACTORS

Contributing Factors: Warning signs were abundant, though investors either ignored them or never conducted basic due diligence. No role-based access controls. No minting limits. No timelock delays. The claimRewards() function was the loaded gun left on the table—obvious to anyone reviewing the bytecode, invisible to anyone who didn't. The timing—a holiday exit on December 31st—suggests calculated negligence toward retail holders who were unlikely to monitor their positions during celebrations.

VICTIM IMPACT

Victim Impact: $4,025 in total losses distributed across an unknown number of victims. This is not a large bleed in absolute terms, but the per-capita damage to individual holders was likely substantial. Each victim believed they were early adopters. They were not. They were exit liquidity.

PATHOLOGIST'S NOTE

Pathologist's Note: I've performed over a thousand of these autopsies, and they blur together—same hidden functions, same deployer wallets, same predictable mechanics. GrowBase Finance doesn't stand out. It's a perfectly ordinary death in an extraordinary graveyard. The real pathology isn't in this contract; it's in the ecosystem that permits it. We keep issuing death certificates while the murderers mint new tokens.

"GrowBase Finance expired on arrival: deployer minted tokens from thin air via claimRewards(), dumped bag, left holders with worthless receipts. Classic rug, executed with textbook efficiency on New Year's Eve."

Share on 𝕏
Were you holding this? Get your wallet autopsy →

Data from De.Fi REKT Database