Arbix Finance
Summary
Arbix Finance was a yield farming protocol on Binance Smart Chain (BSC) that executed a deliberate rug pull on January 4, 2022, draining approximately $10 million in user funds. The anonymous development team minted 10 million unbacked ARBX tokens, dumped them on PancakeSwap to collapse the price, drained all user vaults, bridged the stolen assets to Ethereum via AnySwap, laundered them through Tornado Cash, and deleted the project website, Twitter, and Telegram accounts. Despite holding a CertiK audit from November 2021, the exploited contract fell entirely outside the audit scope.
Connected Entities
1 entitiesTimeline(5 events)
2021-11-19
CertiK conducts smart contract audit of Arbix Finance vault contracts; exploited ARBX token contract is outside audit scope.
2021-12-10
Alleged pre-staging: 4.5 million ARBX tokens minted to address 0x161262d172699cf0a5e09b6cdfa5fee7f32c183d.
2022-01-04
Rug pull executed at approximately 3:00 AM UTC: 10 million ARBX tokens minted across 8 addresses and dumped on PancakeSwap; all user vaults drained of approximately $10 million; assets bridged from BSC to Ethereum via AnySwap; funds routed through Tornado Cash; website, Twitter, and Telegram deleted.
2022-01-04
CertiK issues community alert warning users not to interact with Arbix Finance and confirms rug pull via Skytrace on-chain analysis.
2022-01-05
BleepingComputer, Infosecurity Magazine, BankInfoSecurity, Malwarebytes, and multiple crypto outlets publish coverage of the incident.
Decision Log
- hash: 8Q615eQU7oRsvzt8AeH41vgbyfGsSz7ASnByg6BKHkcv
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-5
generated: 5/4/2026, 2:54:52 AM
last updated: 5/20/2026, 6:36:44 PM
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