- Uniswap developer AzFlin rugged a meme coin project called FrensTech.
- He withdrew the liquidity he added and pocketed the 14 ETH funds.
- Uniswap fired the developer AzFlin for his actions.
A prominent employee of Uniswap, 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.
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.
Frenstech (@FrensTech) $FRENS was deployed a few hours ago by the dev, @AzFlin a Uniswap employee.One hour and four minutes ago he effectively rugged the project moving 14 ETH off of Base chain through HOP. https://t.co/UUpz1PYXLQMultiple people have confirmed he is the dev… pic.twitter.com/xMyQxbqj0f—