Black Hole Token exploited for $1.28 million

The Black Hole Token project suffered a $1.28 million apparent exploit, according to security firm PeckShield, though it's hard not to wonder if it might have been a rug pull.

Black Hole Token is a Chinese project built on BNB Chain, which promises an original mechanism that only goes up. "The more you sell, the more the price goes up", promises their website.

Sounds legit.