Bull run back? User spends $113K in gas to snipe token only to be ‘rugged’

A single crypto wallet dropped $133,000 on gas to transfer $26,000 worth of Ether, in what appears to be an attempt to snipe the launch of a new ERC-404 token gone wrong.

Full story: https://cointelegraph.com/news/crypto-bull-run-user-spends-133k-ethereum-gas-erc404-token