Some suspicious LooksRare on-chain actions
What did LooksRare promise:They have both a Treasury (money for building the project ecosystem?) and a team walletWhat did actually happen:LooksRare Team sent Ethereum from its Treasury to an unmarked address (we name it “partial-rug” in the article below).This is also the address where the team wallet has been sending WETH to. WETH were split from the wallet to 10+ more addresses.One of them used Tornado.cash to make the further actions untraceable.Can this be called a partial rug pull?Walle...
Some suspicious LooksRare on-chain actions
What did LooksRare promise:They have both a Treasury (money for building the project ecosystem?) and a team walletWhat did actually happen:LooksRare Team sent Ethereum from its Treasury to an unmarked address (we name it “partial-rug” in the article below).This is also the address where the team wallet has been sending WETH to. WETH were split from the wallet to 10+ more addresses.One of them used Tornado.cash to make the further actions untraceable.Can this be called a partial rug pull?Walle...
