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<ul class="news-points"> 
 <li>Uniswap developer AzFlin rugged a meme coin project called FrensTech.</li> 
 <li>He withdrew the liquidity he added and pocketed the 14 ETH funds.</li> 
 <li>Uniswap fired the developer AzFlin for his actions.</li> 
</ul> 
A prominent employee of <a href="https://coinedition.com/usdt-dump-on-curve-and-uniswap-questionable-kaiko-research/" rel="noopener noreferrer nofollow">Uniswap</a>, the most popular decentralized exchange, has come under damning allegations of a crypto scam. In a recent tweet, pseudonymous UniswapVillain notified the crypto community that AzFlin, a Uniswap developer, rugged a meme coin project a few hours after creating it.&nbsp; 
The meme coin project in question was FrensTech (FRENS). UniswapVillain noted that AzFlin rugged the FrensTech project by withdrawing the support he previously added that enabled the FRENS coin to be traded.&nbsp; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Frenstech (<a href="https://twitter.com/FrensTech?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@FrensTech</a>) <a href="https://twitter.com/search?q=%24FRENS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FRENS</a> was deployed a few hours ago by the dev, <a href="https://twitter.com/AzFlin?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@AzFlin</a> a Uniswap employee. One hour and four minutes ago he effectively rugged the project moving 14 ETH off of Base chain through HOP. <a href="https://t.co/UUpz1PYXLQ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/UUpz1PYXLQ</a> Multiple people have confirmed he is the dev… <a href="https://t.co/xMyQxbqj0f" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/xMyQxbqj0f</a>— 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@UniswapVillain) <a href="https://twitter.com/UniswapVillain/status/1690216623041372161?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 12, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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</figure> 
Specifically, after accumulating 14 <a href="https://coinedition.com/ethereum-eth-needs-to-jump-some-barriers-to-reclaim-2100/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> tokens in fees, valued at over 25,800, AzFlin allegedly removed the liquidity and p… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/uniswap-fires-developer-accused-of-siphoning-25k-in-memecoin-rugpull/">Uniswap Fires Developer Accused of Siphoning $25k in Memecoin Rugpull</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Uniswap Fires Developer Accused of Siphoning $25k in Memecoin Rugpull

Coin Edition

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