Shady SudoRare Platform Jumps Ship with over 800k in User Funds

The words lag and pull are often intertwined again in the NFT industry.This latest event sees something inherently suspicious SudoRare platform Don’t waste your time robbing users of their funds.

Earlier in the month, news began circulating about the launch of the SudoRare platform. A clear “fork” of two of his NFT platforms, SudoSwap and LooksRare, which are both popular and unconnected.Essentially, it promises to provide lucrative rewards to those who stake $LOOKS$WETH, and $XMON to its platform and incorporated an NFT marketplace.

However, in a move that seemed inevitable to many Twitter users, SudoRare waited just six hours before siphoning the funds, shutting down its online presence, and giving up its ill-gotten gains. When the dust settled and the full picture of the theft was revealed, 519 ETH ($800,000) It disappeared into Sudrea’s black hole.

#PeckShieldAlert #rag pull seems like @Sudrea Rugged 519 $ETH (~$815,000).
SudoRare has already deleted the social account/group. sudorare[.]xyz is down
The stolen funds have already been transferred to 3 new addresses (173 $ETH/address):
0x75c3b23981
0x0498d1…8074
0xbFb7847EAa https://t.co/mPC4bl4k6W pic.twitter.com/O5D7jThYvm

PeckShieldAlert (@PeckShieldAlert) August 23, 2022

Before the unexpected action alarm bell had already started ringing within social media circles. Several users have warned of possible lag pulls due to SudoRare’s persistent anonymity. The move mitigated the impact of the scam and forced the SudoRare team to ship early.

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