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GOLD team rug pulls after 15 wallets sell 224.5 million tokens

  • Fifteen project-linked wallets sold all their GOLD holdings.
  • 3,178 SOL worth $330,000 came from the GOLD sales.
  • Lookonchain monitored the transactions reported by PANews on Aug. 29.

The GOLD team carried out a rug pull (a sudden project exit after asset sales) after 15 newly created wallets linked to the project sold all 224.5 million GOLD tokens. The wallets received 3,178 SOL worth $330,000, generating a $312,000 profit and a 17-fold return, PANews reported on Aug. 29, citing Lookonchain monitoring.

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