02-22-2022, 04:11 AM
Avalanche-based protocol reportedly rug-pulled within hours of launch
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/sxsdqp/avalanchebased_protocol_reportedly_rugpulled/"> <img src="https://b.thumbs.redditmedia.com/6YXUklNxcXsStdAa6CnV4g-L1797oAWwxij3MQNKLnw.jpg" alt="Avalanche-based protocol reportedly rug-pulled within hours of launch" title="Avalanche-based protocol reportedly rug-pulled within hours of launch" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I really don't understand how this is legal. Atom Protocol, was rug pulled within a day of launching. The developers posted a message on Twitter before deleting all its social channels:</p> <p>​</p> <p><a href="https://preview.redd.it/jlc71errj6j81.png?width=1214&format=png&auto=webp&s=68e0da357c6442d31c69d6c6e3c3f4783e6d76b7">https://preview.redd.it/jlc71errj6j81.png?width=1214&format=png&auto=webp&s=68e0da357c6442d31c69d6c6e3c3f4783e6d76b7</a></p> <p>Discord channel was turned off too. The sale of its token ATM has also been halted. It had a Know-Your-Customer (KYC) protocol in place. Users are now questioning Assure DeFi after it conducted the KYC for Atom Protocol.</p> <p>​</p> <p><a href="https://preview.redd.it/l3sifh5tj6j81.png?width=1268&format=png&auto=webp&s=21e95b976afda34e77096878b084c567bd999874">https://preview.redd.it/l3sifh5tj6j81.png?width=1268&format=png&auto=webp&s=21e95b976afda34e77096878b084c567bd999874</a></p> <p>I'm really shocked about this one. There has to be a deterrent in place to prevent this from happening.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ipetgoat1984"> /u/ipetgoat1984 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sxsdqp/avalanchebased_protocol_reportedly_rugpulled/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sxsdqp/avalanchebased_protocol_reportedly_rugpulled/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/sxsdqp/avalanchebased_protocol_reportedly_rugpulled/"> <img src="https://b.thumbs.redditmedia.com/6YXUklNxcXsStdAa6CnV4g-L1797oAWwxij3MQNKLnw.jpg" alt="Avalanche-based protocol reportedly rug-pulled within hours of launch" title="Avalanche-based protocol reportedly rug-pulled within hours of launch" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I really don't understand how this is legal. Atom Protocol, was rug pulled within a day of launching. The developers posted a message on Twitter before deleting all its social channels:</p> <p>​</p> <p><a href="https://preview.redd.it/jlc71errj6j81.png?width=1214&format=png&auto=webp&s=68e0da357c6442d31c69d6c6e3c3f4783e6d76b7">https://preview.redd.it/jlc71errj6j81.png?width=1214&format=png&auto=webp&s=68e0da357c6442d31c69d6c6e3c3f4783e6d76b7</a></p> <p>Discord channel was turned off too. The sale of its token ATM has also been halted. It had a Know-Your-Customer (KYC) protocol in place. Users are now questioning Assure DeFi after it conducted the KYC for Atom Protocol.</p> <p>​</p> <p><a href="https://preview.redd.it/l3sifh5tj6j81.png?width=1268&format=png&auto=webp&s=21e95b976afda34e77096878b084c567bd999874">https://preview.redd.it/l3sifh5tj6j81.png?width=1268&format=png&auto=webp&s=21e95b976afda34e77096878b084c567bd999874</a></p> <p>I'm really shocked about this one. There has to be a deterrent in place to prevent this from happening.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ipetgoat1984"> /u/ipetgoat1984 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sxsdqp/avalanchebased_protocol_reportedly_rugpulled/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sxsdqp/avalanchebased_protocol_reportedly_rugpulled/">[comments]</a></span> </td></tr></table>Kind Regards R