Teddy Doge (TEDDY)
A BNB Chain Dogecoin-style memecoin/DEX. In July 2022, PeckShield said developer-controlled wallets executed a 'soft rug pull', selling ~$4.5M of TEDDY (converted to ~10,000 BNB + 2M BUSD, sent to Binance). TEDDY fell ~99%.
Also known as: Teddy Doge, TEDDY, DRAC Network
Summary
Teddy Doge (TEDDY) was a BNB Chain Dogecoin-style memecoin and DEX. In July 2022, security firm PeckShield said wallets connected to the developers executed a "soft rug pull": the deployer moved a large quantity of TEDDY and, controlling the project's liquidity pools, sold the tokens for about $4.5 million — converted to roughly 10,000 BNB and 2 million BUSD and sent to Binance. TEDDY fell about 99%. [1][2]
Team response
Admins said they were unsure whether the transactions stemmed from a bug or a leaked developer wallet, paused the cross-chain bridge, and indicated the project would rebrand. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Linked scams & cases
Sources (2)
See also
$MELANIA tokenMarket manipulationA Solana memecoin announced by Melania Trump on Jan 19, 2025. Per FT analysis, ~24 wallets bought in minutes before the public announcement and netted ~$99.6M as retail piled in; the token then fell 95%+. Early buys were traced to wallets linked to $LIBRA figure Hayden Davis. No charges have been filed.
$TRUMP tokenMarket manipulationA Solana memecoin launched days before Donald Trump's second inauguration (Jan 2025). Trump-linked entities hold 80% of supply and earned $320M+ in fees while ~760,000 mostly-retail wallets lost money; a 'dinner with the president' promotion for top holders drew conflict-of-interest scrutiny. The 'scam' label is contested and no charges have been filed.
This page was last updated on Jun 15, 2026. View revision history.