1 / 1 Relevant items tagged with #ExitScam

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Crypto Hacks and Scams Cost $300 Million in August

[Sep 1 4:30 AM] In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulting in a net loss of $300.6 million. According to the security firm Certik, this is the second-highest…

Users say ZKasino still hasn’t returned ETH months after claims opened

[Aug 14 10:58 PM] The project claimed it was allowing users 72 hours to sign up to receive their ETH back, but two months later, the funds have not moved.

$20M bridged ETH returns to ZKasino multisig, raising hopes for a refund

[May 8 10:57 PM] The 6,021 wstETH recently moved back equates to around two-thirds of the amount that went missing in the exit scam.

Nigeria’s Patricia Exchange CEO debunks closure rumors

[May 2 1:25 AM] Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved.

Yearn Finance Tumbles: Rug Pull Rumors Swirl As Token Takes A 45% Hit

[Nov 19, 2023 3:59 AM] Recent data analysis reveals a significant decline in the performance of YFI, the native token of the Yearn Finance platform. In a dramatic overnight development, the native token of the Yearn Finance ecosystem witnessed a staggering 40% plunge…

$720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study

[Oct 28, 2023 1:30 AM] During Q3 of 2023, there were a total of 117 hacks in which $720 million was stolen via access control breaches and rug pulls among other security incidents, a new study has found. While the losses ($49.80 million) from rug-pull incidents are…

Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik

[Oct 9, 2023 12:30 PM] The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap.

Darknet Marketplace Tor2door Vanishes, Allegedly Swindling a ‘Massive Crypto Escrow Balance’ 

[Sep 30, 2023 12:00 PM] Numerous reports have detailed that a darknet marketplace (DNM) by the name of Tor2door reportedly pulled off an exit scam, making off with a “massive crypto escrow balance.” Discontent began brewing among Tor2door users when the site…

Tragedy or rug pull? Inside the collapse of a ‘charitable’ NFT project

[Aug 17, 2023 2:00 PM] Orica NFT’s charity efforts have succeeded, but its tokenholders have not, and up until now, its co-founder was nowhere to be found.

Chibi Finance Exit Scam: $1 Million Cryptocurrency Heist Rocks Defi Platform on Arbitrum

[Jun 27, 2023 4:00 PM] According to several reports, Chibi Finance, the decentralized finance (defi) platform built on top of Arbitrum, allegedly executed an exit scam on its users. Blockchain intelligence firm Peckshield provided a detailed account, revealing that…

Project takes off with $31.6M in alleged exit scam

[May 24, 2023 7:46 AM] On-chain detective ZachXBT believes that the project has “likely exit scammed” after bridging $31.6 million to multiple addresses on Tron and Ethereum.

$4M 'exit scam' suspected as Kokomo Finance flies off radar, token plunges

[Mar 26, 2023 11:33 PM] Kokomo Finance's social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes.

Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull

[Dec 27, 2022 10:04 PM] Defrost Finance had not publicly commented on the rug-pull accusations in the media until now.

Albanian Court Approves Extradition of Crypto Exchange Thodex Founder to Turkey

[Nov 18, 2022 11:30 PM] A court in Albania has ordered the extradition of the fugitive founder of cryptocurrency exchange Thodex to Turkey, where he is sought for fraud and other crimes. Faruk Ozer was arrested in Albania this summer, after disappearing last year as the…

Crypto scammers are using black market identities to avoid detection: CertiK

[Nov 17, 2022 9:48 PM] The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.