The developer of the token W3M initiated a Rug Pull 5 hours after the issuance, and nearly 625 BNB were transferred to TornadoCash
Memecoin Web3Memes has ‘rug pulled’ 625 BNBs ($235,000) from investors five hours after issuance, according to blockchain security firm PeckShield.
0x5adbffa751abcdfc94d2a81f5657113d37a3494f has deposited 625 BNB to
Feb. 23, developers of BNB Chian (formerly BSC) -based Web3Memes (W3M) tokens have removed nearly 625 BNB from the token’s liquidity pool and transferred it to TornadoCash.At the time of this writing, the amount was worth $235,000.Blockchain data show that the token was created early today and listed shortly after on the BSC-based PancakeSwap.Over the following hours, the W3M had more than 1,800 deals, with over 1,000 holders.However, anonymous developers removed W3M’s trading liquidity about five hours after its release.W3M fell nearly 100% to below $0.000000000277 from a high of $0.0000000204.
