Freeway
Rug pull on Jul 14, 2022 · Rug Pull
What happened
The pledge platform Freeway tweeted, “The price of its token FWT fluctuated violently on July 13 and is currently under investigation. Freeway’s blockchain bridging service provider Coffe was attacked, and a large number of FWT tokens were bridged from Coffe. The Freeway platform was not compromised in any way, nor was Supercharger. However, Freeway has temporarily disabled FWT withdrawals, deposits, and purchases on the platform,” crypto influencer FatManTerra claimed on Twitter. Projects are running a "Ponzi scheme" because large withdrawals are "delayed" even before they stop. He refers to stopping withdrawals as income of more than $100 million. FatManTerra states that the project has removed its team biographies. In an October 22 Twitter post, FatManTerra said Freeway's chief executive had made false statements about his background, which were removed from the site after FatManTerra confronted him.
Details
- Date
- Jul 14, 2022
- Kind
- Rug pull
- Method
- Rug Pull
- How in
- Insiders: rug pulls, frauds, collapses
- Target
- not stated
- Chains
- Ethereum
Reported by
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SwanBluechip, "Freeway rug pull, Jul 14, 2022: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hte7f34985ab/ (data as of 2026-10-31).