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<ul class="news-points"> 
 <li>A fraudulent version of the Friend Tech token was used in an exit scam.</li> 
 <li>The deployer withdrew liquidity and stole 135 ETH ($226.5k).</li> 
 <li>The community suffered 12 scams in seven days, resulting in over $11M in losses.</li> 
</ul> 
A major crypto scam has rocked the crypto community as a fraudulent actor withdrew support from a project previously promoting it. In a recent tweet, <a href="https://coinedition.com/certik-alert-issues-red-flag-on-a-discord-server-breach-honeypot-scams/" rel="noopener noreferrer nofollow">CertiK, a platform known for real-time alerts</a> on crypto hacks, informed the community of the latest exit scam. 
According to the update, CertiK detected a considerable liquidity removal on a fraudulent version of a known meme coin project. The cloned meme project was Friend Tech token.&nbsp; 
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 <a href="https://twitter.com/hashtag/CertiKSkynetAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#CertiKSkynetAlert</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> We have detected a large liquidity removal on a fake Friend Tech token. ETH: 0x2cf82a3Ad32AA580110278022a6493b631044beF The deployer gained 135 ETH (~$226.5k). Not to be confused with legitimate projects. Read more below:<a href="https://t.co/MciIPYFVdD" target="_blank" rel="noopener noreferrer nofollow">https://t.co/MciIPYFVdD</a>— CertiK Alert (@CertiKAlert) <a href="https://twitter.com/CertiKAlert/status/1692932345249038650?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 19, 2023</a> 
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The security firm highlighted that the fraudulent deployer amassed 135 Ethereum (ETH) tokens from the exploit. The plundered fund amounted to approximately $226.5k. Furthermore, CertiK cautioned the crypto community to… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/developer-steals-226-5k-in-fake-friendtech-token-exit-scam-details/">Developer Steals $226.5k in Fake FriendTech Token Exit Scam: Details&nbsp;</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Developer Steals $226.5k in Fake FriendTech Token Exit Scam: Details

Coin Edition

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