Decentralized NFT trading platform SudoRare transferred nearly $800,000 worth of cryptocurrencies to different accounts and disappeared from the market 6 hours after its launch.
NFT trading service and entering the market with large advertising campaigns sudoRareas soon as 6 hours after market launch “rug pullby doing He was involved in a haul of 519 Ethereum worth. Blockchain tracking application PeckShield according to data $800,000 worth of crypto assets Transferred to 3 different addresses. one of the addresses Kraken It is among the data known to belong to the stock market.
Released by an anonymous team Suspicions that this emphasis on the SudoRare NFT exchange was made by the founders in a short time caused controversy among social media users. The basis of the discussions in question is based on the fact that it is the founders themselves who have access to the liquidity pool where the cryptocurrencies belonging to the users are stored. For this reason, this fraud event, which we can call “rug pull”, planned by the founders and it is thought to have been implemented very soon. It is known that LooksRare (LOOKS), USDC and Ethereum (ETH) are among the cryptocurrencies extorted by the NFT platform.
Also owned by SudoRare right after the scam It is seen that social media accounts are closed and all connection with the executive team is cut off.