SudoRare AMM protocol disappears from the internet with 519 ETH
SudoRare suddenly shut down its services and social media accounts after apparently taking away 519 ETH, worth around $815,000 .
New
SudoRare, an automated market maker (AMM) protocol for ERC-721 to ERC-20 swaps, has suddenly shut down its services and social media accounts after apparently taking away 519 Ether (ETH), worth of approximately $815,000.
Crypto community member sungjae_han was the first to report a suspicious transaction that drained substantial funds from SudoRare using LooksRare (LOOKS) and USD Coin (USDC) tokens.
#PeckShieldAlert #rugpull Looks like @SudoRare Rugged 519 $ETH (~$815k). SudoRare has already deleted its social accounts/groups, sudorare[. ]xyz is downStolen funds have already been transferred to 3 new addresses ($173ETH/address):0x75c3b2...39810x0498d1...80740xbFb784...7EAa https://t.co/mPC4bl4k6W pic.twitter.com /O5D7jThYvm — PeckShieldAlert (@PeckShieldAlert) August 23, 2022
A subsequent intervention by blockchain investigator Peckshield hinted at the possibility of a small scale shove involving the loss of 519 ETH. Reinforcing PeckShield's suspicions, SudoRare decided to disconnect from the internet by deleting all social media accounts and the main website, sudorare.xyz.
The SudoRare website as well as all other social media presence. Source: sudorare.xyzThe following screenshot shows that the allegedly stolen funds have been divided into equal parts and transferred to three different accounts, each...
SudoRare suddenly shut down its services and social media accounts after apparently taking away 519 ETH, worth around $815,000 .
New
SudoRare, an automated market maker (AMM) protocol for ERC-721 to ERC-20 swaps, has suddenly shut down its services and social media accounts after apparently taking away 519 Ether (ETH), worth of approximately $815,000.
Crypto community member sungjae_han was the first to report a suspicious transaction that drained substantial funds from SudoRare using LooksRare (LOOKS) and USD Coin (USDC) tokens.
#PeckShieldAlert #rugpull Looks like @SudoRare Rugged 519 $ETH (~$815k). SudoRare has already deleted its social accounts/groups, sudorare[. ]xyz is downStolen funds have already been transferred to 3 new addresses ($173ETH/address):0x75c3b2...39810x0498d1...80740xbFb784...7EAa https://t.co/mPC4bl4k6W pic.twitter.com /O5D7jThYvm — PeckShieldAlert (@PeckShieldAlert) August 23, 2022
A subsequent intervention by blockchain investigator Peckshield hinted at the possibility of a small scale shove involving the loss of 519 ETH. Reinforcing PeckShield's suspicions, SudoRare decided to disconnect from the internet by deleting all social media accounts and the main website, sudorare.xyz.
The SudoRare website as well as all other social media presence. Source: sudorare.xyzThe following screenshot shows that the allegedly stolen funds have been divided into equal parts and transferred to three different accounts, each...
What's Your Reaction?
