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Im non-tech trader. Today I experienced that the owner did remove token liquidity during trading on DEX and made it become honypot even if their ownership is renounced (checked via Token Sniffer)

I don't understand how this is possible since the token ownership was renounced, so I assumed no one could remove liquidity and turned it to a honeypot.

I really need someone to educate me on why this can happen and how to avoid contracts where liquidity can be removed even if ownership is renounced.

Token address: https://etherscan.io/token/0x1dd4313ded26220c08b0d58567af3d7f98643f93 DEX: https://dexscreener.com/ethereum/0xb7a590fe5d91a542aa7c0e94c34df2a6ea51828f

Thank you so much!

Regards.

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  • Liquidity was removed on Uniswap contract, there is no need to be owner or to control the token to remove liquidity from Uniswap. Here the tx.
    – Rafael
    Commented Jul 27 at 12:52

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