---
title: "Friend.tech token drops 26% after team shirks control of smart contracts"
url: https://diffcoin.com/friend-tech-token-drops-26-after-team-shirks-control-of-smart-contracts/
description: "Friend.tech transferred control of some of its smart contracts to a null address, which can never be reversed. Source link"
published: 2024-09-09
updated: 2024-09-09
author: "Mila"
site: "Diffcoin"
---

# Friend.tech token drops 26% after team shirks control of smart contracts

Friend.tech transferred control of some of its smart contracts to a null address, which can never be reversed.

[Source link](https://cointelegraph.com/news/friend-tech-token-plummets-smart-contract-control-null-address?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)