Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more
A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allegedly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800.
It is understood that AzFlin developed and deployed FrensTech token (FRENS) on Coinbase’s new layer 2 blockchain Base on Aug 12 before selling the tokens raised from the liquidity shortly after.
Adams publicly confirmed the sacking of AzFlin, adding that such behaviour is neither supported nor condoned at Uniswap Labs.
Wanted to let people know this person is no longer with the company. Not behavior we support or condone. https://t.co/sxVowwIR3Q
The developer has mocked the situation at hand with a series of light-hearted posts along with a new X (formerly Twitter) cover photo.
AzFlin, however, claims that no rug pull was committed.
“I bought that $FRENS used to provide LP with my OWN money from the dev wallet, so I am entitled to do as I please with it. This FUD is outrageous,” they said on Aug. 12.
Not everyone is buying into AzFlin’s story though, with some applauding Adams’ decision to fire AzFlin for the alleged action:
Hayden Adams' decision to terminate employee AzFlin is highly necessary and demonstrates his commitment to upholding Uniswap's reputation and ethical standards. Developing a meme token and then exploiting access to transfer and sell tokens from the liquidity pool is a morally…
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