CrediX Team Pulls $4.5M Disappearing Act in DeFi Exit Scam—Poof, Funds Gone!
Another day, another DeFi rug pull—this time with a $4.5M encore.
The Vanishing Act
CrediX’s team ghosted investors after draining liquidity in what looks like a textbook exit scam. No white paper, no warning—just a cold wallet and a trail of angry tweets.
DeFi’s Trust Paradox
Anonymous teams promise transparency via code… until they don’t. Audits? Overrated. ‘DYOR’? More like ‘good luck.’
Cynic’s Corner
Pro tip: If a project’s roadmap includes ‘disappear with funds,’ maybe skip the seed round. But hey—at least the scammers beat inflation.