Friendsies NFT creators deny ‘abandoning’ project amid rug pull allegations
Feb 21. 2023
By Felix NG
The Friendsies NFT collection responded to accusations it was behind a $5 million rug pull after announcing a “pause” of the project.
The team behind nonfungible token collection Friendsies has refuted claims they are “abandoning” the NFT project following a tsunami of “rug pull” accusations.
On Feb. 21, the founders behind the NFT project told their Twitter followers that they werputting a “pause” on Friendsies and “all future digital goods” for the time being, citing market challenges.
Around 40 minutes later, the Twitter account was deleted, while the account of Friendswithyou, who developed the project, was made private — sparking rumors that the founders had “rugged” for about $5 million.
The project's Twitter account has since been reinstated with the founders vehemently denying they are “abandoning” the project. The founders’ account is still private, however.
“It is clear that we have upset many of you with the nature of our announcement, and perhaps we did not handle that in the best way possible,” they said, adding:
“To be very clear, we are not abandoning fRiENDSiES.”
The founders said the initial announcement was more about pausing social engagement “until further notice.”
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