Safereum Suffers Devastating 'Rug Pull' After Successful Fundraising

The Safereum cryptocurrency initiative recently witnessed a staggering liquidity outflow, alarming investors and shaking the trust within the crypto ecosystem. The abrupt withdrawal happened mere hours post a successful fundraising effort, amounting to $600,000. Based on assessments by blockchain security experts at CertiK, the Safereum developers, recognized by their token deployment address safereum.eth, executed a sudden release and offloaded more than 600 Ether (ETH) from their reserves. This led to a severe 94% decline in the Safereum (SAFEREUM) tokens value. Intriguingly, this...



source: https://tokenpost.com/Safereum-Crypto-Project-Faces-Heavy-Scrutiny-Following-Massive-Fund-Withdrawal-10870

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