Fairyproof's monitoring system has detected an abnormal series of mint activities on the BNB chain, address: 0x9B1188e01B45a283CdE53888ED1558FB6f9ae692.

Based on our initial analysis, we found that the original project admin of FFF tokens minted additional tokens through a newly deployed contract.

The administrater then sold the newly minted tokens and transferred a part of the acquired assets.

A total of more than US$1.03 million worth of FFF tokens were sold in this event.

The original owner of the FFF token is the address of the contract deployer: 0x8F6c3381463e8DfC0271Dd9d6E57394785805349

The following details the process:

Before revoking owner permission, the initial project administrator set the additional issuance of certain contracts and its quota, shown in the figure below

Before the minting, the initial project administrator upgraded the issuance contract, changed its code logic, and called the contract for minting.

All additional tokens were transferred to the address 0xB6F7024Be5E73c9E69982Df6EC29E56f6E5bd723, and was sold for about US$1.03million in USDT.

As at press time, the address still holds USDTs worth US$649, 000 while the remaining assets were distributed to the following wallets:

- US$50, 000 worth of crypto assets were transferred to 0x754b8E0955dC9bbc10bf7a6e23C09fF030eE88f5

- US$140, 000 worth of crypto assets were transferred to 0x6B47f5d5c49751720b60F77f0887f79fc97abDf7

- US$100, 000 worth of crypto assets were transferred to 0xa3134FFad9dBc8D7B2eeB86D961DC6F9465A1a75

- US$100, 000 worth of crypto assets were transferred to 0xBb0fB8C26D1a418435b80eE6Dfcf5eCA1fA233A4