Uniswap founder Hayden Adams shared on X (formerly known as Twitter) that the team behind the decentralized exchange has let go of an employee after what some are calling a rug pull.
Responding to a post detailing how FrensTech — a memecoin that capitalizes on the hype of Base's new friend.tech social platform — was implemented and "effectively entangled" by developer AzFlin, Adams said: "Wanted to let people know that this person no longer works at our company ."
"Not behavior that we support or encourage," Adams added.
According to LinkedIn, AzFlin is the Twitter and GitHub name for Allen Lin, a smart contracts engineer working at Uniswap since July 2022. Previously, he was the lead engineer at NFT marketplace Genie.
Moving ether to another network.
Just hours after implementing FrensTech memecoin on Base, AzFlin moved 14 ether ($25,900) from Base via the Hop cross-chain protocol. “He took out the liquidity he added from the fees and pocketed 14 ETH from the fees,” detailed UniswapVillain in X, noting:
“He even sold the tokens he took out of liquidity.” "It's incredible to me that someone who has revealed his identity and works for Uniswap would do this," they added.
Since then, AzFlin has added “(unemployment arc)” to their username on