What happened
The Friendsies NFT collection has been rug pulled by its founders, less than a year after raising $5 million at a Christie's auction on OpenSea, due to market volatility and challenges.
The founders of Friendsies announced on Twitter that they were pulling the rug on the project, blaming the current market conditions for preventing them from developing the project in a way they could be proud of. The project had been criticized by community members for deviating from its initial roadmap, with several aspects remaining undelivered, including a community treasury and a play-to-earn game. On-chain sleuth ZackXBT also revealed that the project's founders had not distributed 1.25% of all royalties to holders, as claimed in the project's official Discord server.
Case & protocol details
Evidence & learning
Sources and on-chain records
- report Report twitter.com
- report Report en.ethereumworldnews.com
- report Report bitcoinist.com
- analysis Web Archive archive.ph
Practice this exploit pattern safely
Work through hands-on labs covering real exploit mechanics, review techniques, and defensive patterns.