AMM protocol SudoRare disappears from the internet with 519 ETH
SudoRare suddenly shut down its services and social media accounts after reportedly making away with 519 Ether, worth roughly $815,000. SudoRare, an automated market maker (AMM) protocol for ERC-721 to ERC-20 swaps, suddenly shut down its services and Social Media accounts after reportedly making away with 519 Ether (ETH), worth roughly $815 ,000. A crypto community member, sungjae_han, was first to point out a suspicious transaction that drained substantial funds off SudoRare using LooksRare (LOOKS) and USD Coin (USDC) tokens. #PeckShieldAlert #rugpull Seems like @SudoRare rugged 519 $ETH (~$815k). SudoRare already deleted its social accounts/groups, sudorare[.]xyz is down Stole funds already transferred to 3 new addresses (173 $ETH/address): 0x75c3b2...3981 0x0498d1...8074 0xbFb784...7EAa https://t.co/mPC4bl4k6W pic.twitter.com/O5D7jThYvm — PeckShieldAlert (@PeckShieldAlert) August 23, 2022 A subsequent intervention from Blockchain investigator Peckshield hinted toward the pos...