Rug Pull? (Algorand Bounties)

    Crypto assets can have high volatility. On March 28th 2022, the price of ANIRAND (604643747) dropped when 99% of the liquidity was removed from the ANIRAND/ALGO pool on Tinyman.

    Anirand rugpull: Anirand on Algorand is dead and here's what happened

    I'm sorry, family, but it appears that the Algorand Defi project has failed. Anirand just rugpulled. Both an Algorand DeFI platform and an Algorand game project were expected to come out of it. However, they simply withdrew their funds and left the users to fend for themselves.

    FrugalBC said.

    https://www.youtube.com/watch?v=leNBScyOwno

    What happend

    The following is what took place:

    • Were there a suspicious number of swaps or volume of swaps or LP burns in that hour?

    • Was there one or a small number of accounts doing the duping?

    • What did the dumpers do with the proceeds?

    Find others assets/events that follow a similar pattern – Note any interesting findings or events that occurred around this time that would have affected the price

    Analysis

    Observation

    • At the RugPulled date's hour, more than 96.5M volume in 166 trades occurred on May 28th at 5 p.m.

    Discord: 0xHaM☰d#8391

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    • ANISTK3FP3ESRUN6576LNEK2M7PPK2WDJOFG6OCH224KHVQMCUS7AO75NI is the account that doing the dumping by most volume (40M) in one trade and about of 40% shares of volume that followed by BDLXHCWENALYKQUDTOUS6TKVX4K3GBFZYKJK553BQHH3Z34WPZWGOUCA2E with more than 17.1M in 4 trades by 17% shares, and DXPJCBHDMWVN5D534Q7DC4332QTKNHVHHZAG6EFPNCSZSBTICJGDJD66L4 with more than 13.11M in 19 trades by 13% shares of volume of swaped.
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