Apr 2024 - Cruiz Fake Token Rug Pull - $39k (Global)
"Where Riders Save Big, Drivers Thrive, and Early CRUIZ'RS Reap the Rewards!"
"Cruiz is leading as the forfront platform in blockchain technologies to advance ridesharing for the people." "Cruiz an AI driven rideshare that utilizes DePIN technology"
"CRUIZ is an innovative transportation system that harnesses the capabilities of artificial intelligence (AI) to transform how we engage with ride-sharing platforms. CRUIZ offers a decentralized physical infrastructure network (DePIN) that provides high level security from cyber attacks and superior economic benefits, for riders and drivers alike, while also rewarding early adopters."
"$CRUIZ, the token within our ecosystem, delivers a smooth and gratifying experience for both drivers and riders. Within the CRUIZ ecosystem, we empower our community, cultivate loyalty, and propel ongoing growth and success within the ridesharing sector."
"The Fake Cruiz (CRUIZ) on BNBChain is suspected of a rug pull, and the current token price has dropped by 100%."
"Be aware of this token! Team of this token has sold at least 66.457 BNB."
Further Analysis
Cruiz proposes a blockchain-based ridesharing application, which aims to increase the economic efficiency of ridesharing. On April 22nd, a fake version of the CRUIZ token on the Binance smart chain had the liquidity rug pulled, netting $39k to the attacker.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
Velvet Capital Front-End Incident > > < < Z123 Smart Contract Vulnerability
Sources/Further Reading
SlowMist Hacked - SlowMist Zone (Dec 31)
https://www.dextools.io/app/en/bnb/pair-explorer/0xc9e023494c879e1cbb2ab6cf0d3042f61e61b8ee (Dec 31)
BNB Smart Chain Transaction Hash (Txhash) Details | BscScan
(Dec 31)
Address 0x942da18ae32529c8dc13b9da8d3f285ed7c16ab0 | BscScan
(Dec 31)
Cruiz price today, CRUIZ to USD live price, marketcap and chart | CoinMarketCap (Dec 31)
Cruiz - AI Driven DePIN Protocol (Dec 31)
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