TurtleDex on BSC executed a coordinated rugpull on March 19-20, 2021 days after raising 9K BNB (~$2.5M). Team drained liquidity from PancakeSwap and Ape Swap pools, converted to ETH, and withdrew via Binance.

According to BSC news, Turtle.dex has run away, taking away about 9,000 BNB, worth more than 2 million U.S. dollars, and the website and telegram group have been deleted. BSC news refers to this as a well-thought-out and planned running behavior. At present, part of the funds have been converted into ETH to enter the Binance Exchange, and investors are urging Binance to freeze related accounts. On March 15th, in response to the question of whether it would run away, Turtle officially stated: No, because the turtles have short hands. Note: Turtle means sea turtle.