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Safemoon rug continues: down 33% in last 10 minutes and reaching a new all time low

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by COINS NEWS 125 Views

This is after the SafeMoon token liquidity pool lost $8.9 million after a hacker exploited a newly created 'burn' smart contract function that artificially inflated the price, allowing the actors to sell SafeMoon at a much higher price.

The Safemoon team added this line of code from a template. We all know this was on purpose to steal from the "Safemoon Army" as there is zero reason that this line of code should have been added other than having a mechanism in which to steal through a backdoor method.

Reaching a new all time low when price plummeted 33% in the last 10 minutes alone. But of course, everything is all good if you visit r/safemoon from the usual fake bot/paid accounts that frequently try to convince the community to keep funding John Karony's bank accounts. The same person who sued his own mother.

https://www.coingecko.com/en/coins/safemoon

An example of an obvious bot account:

u/typical-rub-6855

Have a look at their posting history. Try to keep a straight face as you pretend this isn't a shill/bot account. There are numerous regular posts like this from many accounts. Likely people from within Safemoon trying to pump the price for exit liquidity.

submitted by /u/Regular_Chapter_788
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