Uniswap Developer Accused of Rugpulling $26K From Meme Project
BRIEF: • A Uniswap developer has been accused of rugpulling 14 ETH, around $26,000 from a meme project on Coinbase-backed layer 2 network, Base.
• The developer AzFlin confirmed that he created the project but denied the rugpull accusations against him.
• Members of the crypto community have called on the decentralized exchange to take action against the developer.
Uniswap developer AzFlin has been accused of rug-pulling 14 ETH, roughly $26,000, from the FrensTech project on Base within 4 hours of its launch.
However, the developer denied these accusations, stating that he only removed the 1 ETH liquidity he added to the project.
The Accusations UniswapVillain alleged AzFlin, the deployer of FrensTech, rugged the project a few hours after its launch. FrensTech is a memecoin project that riffs off the popular Friend.Tech social network dApp on Base.