Uniswap founder Hayden Adams fired an employee named AzFlin, who was discovered to be developer of the meme token FrensTech (FRENS). Hours after launching the FRENS token, AzFlin transferred 14 WETH (approximately $25,800) from the Base network and sold the tokens obtained from that liquidity.
AzFlin and the FrensTech (FRENS) Meme Token Controversy
AzFlin, a recently fired Uniswap employee, was identified as the developer behind the meme token FrensTech (FRENS). This action caused controversy and affected Uniswap's reputation.
Dismissal Background
Shortly after the FRENS token was launched, AzFlin was involved in suspicious transactions. He transferred an amount of 14 WETH (approximately $25,800) from the Base network and sold the resulting tokens from the liquidity. This action caused Hayden Adams to decide to fire AzFlin from Uniswap.
Source: WuBlockhain