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Security Incident

Flare Rug Pull: $18.50M Reported Loss

·Historical incident record

The price of the Flare project has dropped by more than 95%, which is suspected to be a Rug Pull scam project.

Reported loss
$ 18,500,000
Attack category
Rug Pull

Incident Overview

Flare token deployers and associated addresses received approximately 4 billion Flare tokens. The scam has so far made around $18.5 million.

Sources & References

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.