Lena Network experienced a Rug Pull today, with the deployer profiting over 2.9 million dollars

ChainCatcher news, according to Cointelegraph, data from Etherscan shows that the recently launched liquidity protocol Lena Network Deployer address transferred 753.11 ETH (worth about 2.9 million USD) to an address associated with the OKX platform at 10 AM today, after which the Candy token dropped. This event occurred just a few hours after Lena Network announced the official relinquishment of the token contract ownership. Its Candy token plummeted over 87% after the protocol Rug, falling from an intraday high of 3.08 USD to 0.38 USD.

As of the time of publication, the protocol has not responded to the incident. According to the protocol's announcement, Lena Network raised a total of over 850 ETH (worth 3.2 million USD) for the issuance of its Candy token, which ended on March 3. The Candy token went live earlier today but then sharply declined.