QUADRIGA INITIATIVE
CRYPTO WATCHDOG & FRAUD RECOVERY PLATFORM
A COMMUNITY-BASED, NOT-FOR-PROFIT
$113 000 USD
JULY 2024
GLOBAL
BASE DAWGZ
DESCRIPTION OF EVENTS
"Designed for those who crave adventure and innovation, Base Dawgz is bringing you a unique multi-chain experience. At home on Base Chain, $Dawgz will also trade on ETH, SOL, BSC and AVAX. We are not just about pushing boundaries; it's about breaking them. We offer seamless interoperability across multiple blockchains, ensuring you can soar through the decentralized world without limits. Join us on this high-octane journey as we redefine what's possible. Come chase nirvana with Base Dawgz."
"The Rug Pull token has the same name as the legal token."
"32.85 ETH (about $113,000)"
"The Fake Base Dawgz on Ethereum is suspected of a rug pull, resulting in a loss of over $113,000."
Base Dawgz is a memecoin "designed for those who crave adventure and innovation". On July 23rd, it was discovered by an organization called Paidun Monitoring that an Ethereum smart contract bearing the same name had managed to gain $113k in liquidity, which was successfully rug pulled. There is no indication that any affected users will recover any funds, and no information appears to be available on the original smart contract itself.
https://readwrite.com/base-dawgz-presale-concludes-last-opportunity-to-purchase-at-listing-price-before-dex-launch/ (Aug 30)
https://99bitcoins.com/news/pr-news/base-networks-base-dawgz-presale-ends-get-in-at-listing-price-before-dex-launch/ (Aug 30)
@basedawgz Twitter (Aug 30)
Base Dawgz Begins Final Presale Stage Ahead of Highly Anticipated DEX Listings (Aug 30)
Paidun: Rug Pull occurred due to fake DAWGZ tokens, resulting in a loss of 32.85 ETH (Aug 30)
@cryptoceannews Twitter (Aug 30)
Paidun: Fake DAWGZ tokens cause Rug Pull, resulting in a loss of 32.85 ETH (Aug 30)