Rumored Rugpull as SudoRare Closes Services, Makes off With 519 ETH

Speculations of a rug pull have begun circulating after SudoRare, an AMM protocol for ERC-721s to ERC-20 swaps unexpectedly stopped running. The platform’s social media accounts are no longer active and the founders appear to have carted off 519 Ethereum tokens, about 519 ETH, about $815K. SudoRare Wallet Drained, Social Media Goes Offline Crypto analyst @sungjae_han first sounded the alarm via a tweet this morning. The post pointed out a strange transaction on SudoRare’s etherscan data. Using LooksRare (LOOKS) and…