Investors are Shocked by this Hack that Started Saturday Night and is Ongoing!
Found the Hacker
A quick update to what has become an INSANELY POPULAR post.
In a rapidly unfolding situation that has left investors stunned, Solana-based memecoin project TorqueFi has allegedly been drained in what appears to be a cleverly orchestrated rugpull, or as insiders are calling it, a “fast and furious” exploit.
UPDATE: The hacker(s) have been apprehended and the situation is VERY important for my readers to hear. Brand new messages have appeared on the blockchain today that have revealed the situation in a new light FOR EVERYONE.
Instead of 1 node being involved, there were 3 nodes in total! 2 nodes were found on the SAME blockchain, but the other node is on a SEPARATE chain (the original chain that we already knew about).
The other 2 chains are connected (shocking I know). This is such a crazy situation and the events are still unfolding. The scamming is out of control!
“Call this number xxx-xxx-xxxx”
(This latest log from a flagged wallet description was embedded in a blockchain memo and could be a wallet message to the dev team — or something else entirely.)
What Happened?
At 3:05 AM UTC on Sunday, an anonymous wallet known only as RogueDriver initiated a flurry of swaps via Jupiter Aggregator, draining over $144,000,000 worth of liquidity from TorqueFi’s pool. The wallet then bridged funds out of Solana using Wormhole in a pattern eerily similar to the infamous “Midnight Muffler” dump in April.
The TorqueFi token ($TORQ) had gained significant traction in underground Telegram groups after teasing an NFT collab with a project rumored to be associated with Vin.eth, a pseudonymous dev known for high-octane pump schemes.
Devs Vanish, Community Shocked
TorqueFi’s X account has been silent since Saturday night. Moderators in the official Discord vanished, and all Twitter comments were locked within 15 minutes of the attack.
A contract audit posted by “FF Devz” (since deleted), suggested backdoors may have existed, including mint privileges linked to a single hot wallet. A blockchain memo tied to that wallet included the following cryptic message:
“There are too many hackers! Help!”
Whether that’s a warning or a signature is unclear, but speculation has spread fast.
UPDATED: How the Rug Worked
An unnamed Blockchain sleuth has traced at least five hops from the exploit address to a Coinbase on-ramp, which may help investigators, though attribution remains uncertain.
Were You Harmed in this Hack?
It’s easy to drop a comment below. Please drop your comments ASAP if you have information involving this hack. All hours, any hour.
S Taylor is a crypto trader with five years of experience, having navigated a wide range of market dynamics and witnessed numerous scams firsthand. As a former victim of scams, S Taylor turned their focus to blockchain forensics and Solidity Smart Contract development, gaining deep technical expertise in the field. With a unique insider’s perspective, they’ve been involved in various crypto projects, where they’ve seen how developers can exploit vulnerable investors.
S Taylor is also the published author of Meme Coins Made Easy, a comprehensive guide that teaches beginners about cryptocurrency and how to identify and avoid common scams. S Taylor is dedicated to sharing valuable insights and helping the crypto community stay informed and safe.
Disclaimer: This article is for informational purposes only and should not be considered legal, tax, investment, or financial advice.
