PeckShield has reported that the developers of the Polygon-based web3 game Dragoma have implemented a rug pull scam.
For reference
*Rug pull is a term used when a team suddenly stops working on a project, sells all tokens, or withdraws all liquidity. The name comes from the phrase “pulling the carpet out from under someone.” Oбщиe пpизнaки Rug Pull включaют в ceбя выcoкую цeну тoкeнa, кoтopaя взлeтaeт зa кopoткий пpoмeжутoк вpeмeни бeз кaкoй-либo зaщиты ликвиднocти, выcoкaя aктивнocть в Twitter, Telegram и дpугиx плaтфopмax coциaльныx ceтeй для быcтpoгo пpивлeчeния бoльшoгo кoличecтвa инвecтopoв в кopoткиe cpoки. The biggest examples of Rug Pull were OneCoin, Thodex, AnubisDAO, Uranium Finance.
#PeckShieldAlert #rugpull Dragoma $DMA on polygon rugged. $DMA has dropped -99.7%.
The website https://t.co/2OJWlGqBtQ seems down and the social media channel deleted. The stolen funds seem like deposits into centralized exchanges. pic.twitter.com/ksJifCo0GH— PeckShieldAlert (@PeckShieldAlert) August 8, 2022
The maximum indicator of DMA quotes was recorded on August 7 at the position of $1.81 (CoinGecko). At the moment, the value of the DMA token has fallen by 99.9%.
The project was launched in June, as a gaming M2E app in the GameFi+SocialFi space. Its founder was listed as a resident of Texas, Ken Gris.
According to PeckShield experts, the Dragoma website has been closed and social media pages have been removed.
Analysts are now trying to trace the stolen funds. Presumably they were sent to centralized exchanges. CoinDesk estimates the total cost at $3.5 million.
Recall on rug pull circuits accounted for more than a third of $7.7 billion in cryptocurrencies stolen from users in total in 2021, according to Chainalysis.