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Over $3 million usd rugpull by SatoshiSwap!

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by COINS NEWS 138 Views

Satoshiswap raised $3.5 million usd in their presale then instantly rugged!

It was supposed to be 50/50 into the liquidity pool and only 200k was added.

The price is now down over 90% from the all time high after a major staking contract failure where millions were lost due to free token given out and the owned trying to cover it up by claiming nothing was lost! After months of delays they released another staking contract that also has a major bug that loses all of your rewarded tokens if you attempt to stake more tokens. The owner claimed it was only a visual glitch and not to worry, then a day later after getting everyone to lose their tokens admitted that tokens will be lost if you stake more then once and pretty much too bad. His response

"We've addressed the missing rewards matter as professionally as we can. We're not going to devote precious team resource refunding. I understand it's annoying. But anyone who comes in here calling us a scam will be muted"

They expect us to believe they are launching an original made from scratch smart contract for a leverage margin trading decentralized exchange when they struggled for 2 months to launch two failed staking contracts filled with devastating bugs and exploits.

It is ran by an off shore shell company and they also launched another project named DerpyToshi that has been abandoned and is dead. They are still trying to rip more people off with more and more empty promises.

The top investors are also the same ones from safemoon! That alone should tell you everything you need to know

submitted by /u/durister4353
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