The developer could not guarantee any amends or relaunch of the project, but promised to “become a better person.” 🤷
According to a Reddit post, a developer has posted an unusual farewell note, apologizing and blaming his online gambling woes after leaving a project in shambles, turning a $2 million valuation into $20,000 within minutes.that its developer performed a rug pull during a liquidity migration event. As a result, the project’s token called 0xEncrypt went from trading at around $2.05 to an all-time low of $0.02. Token data aggregator CoinGecko recorded the massive price drop around July 2.
Unlike other rug pulls, the developer decided to leave a letter to the project’s community, apologizing for his actions, and blaming his gambling addiction for the move before disappearing and deleting all the social media platforms of the project.a screenshot of the developer's message on social media. Within the post, the developer shared his struggles with gambling and highlighted that he lost $300,000 in online casinos.
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