CandleFocus SlowMist: OceansGallerie Suspected Rugpull, Stay Vigilant
2024-11-27
Author: Content Editor
Blockchain security firm SlowMist has warned users of the OceansGallerie platform about a suspected rugpull, advising them to remain vigilant. SlowMist founder Yu Xian noticed strange activities on OceansGallerie, including a centralized token distribution and significant price drops. The Sui project's recent removal of liquidity may have triggered the concentration of tokens and increased price volatility. OceansGallerie has acknowledged an issue with project management that led to the unauthorized removal of liquidity and the theft of certain tokens. SlowMist has not confirmed whether OceansGallerie is a rugpull scam or if it was simply removing liquidity. Users are urged to exercise caution.
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