#SCAM
⚡️#FRIENDTECH the once-popular Web3 social network, has been shut down after its developers relinquished control over its smart contracts.

A revival of the platform appears unlikely as the contract ownership revocation hinders any potential takeover by a new team.

Crypto platform Friend. tech sees its token plummet 26% after the team transferred the admin and ownership of its smart contracts to Ethereum's null address, permanently relinquishing any control over them, once big, the project is over 🪦

🚨🚨🚨Machi Big Brother spent ~5.2K $ETH 💰 ($16.7M) to buy 11.1M $FRIEND, now worth only $0.7M!

He lost $16M on $FRIEND!

ALWAYS DO YOUR RESEACH BEFORE INVESTING