In anticipation of the launch of Sleepless AI farming on the Launchpool platform from Binance, unknown folks performed a rug pull of the token of the identical identify.
As PeckShield analysts reported, one of many addresses exchanged 1 billion pretend AI for $91,000 in ETH. Consequently, the token’s value fell by 97.5%. An identical rug pull scheme was carried out with the pretend FomoFi token.
The attacker’s deal with exchanged over 5.3 trillion FOMO for 189,600 BSC-USD, after which the coin value dropped to zero. One other incident devalued the NebulaNode token after exchanging quite a few NNNN tokens for 1033.8 BNB, the equal of $335,900.
Farming of the unique Sleepless AI challenge on Launchpool began on Dec. 28; the challenge turned the forty second in Launchpool. It presents a web3 gaming platform utilizing AI. At present, customers can stake BNB, FDUSD, and TUSD in swimming pools to farm AI tokens in a marketing campaign set to final seven days.
Safety specialists Certik reported a rug pull involving pretend Linea tokens earlier in October. Because of the fraud, unknown folks stole about $743,000. Victims have acknowledged that the rip-off was doubtlessly performed by a Russian consumer named ‘AltLex,’ selling the token on social media.