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CrediX Team Pulls $4.5M Disappearing Act in DeFi Exit Scam—Poof, Funds Gone!

CrediX Team Pulls $4.5M Disappearing Act in DeFi Exit Scam—Poof, Funds Gone!

Author:
CoindeskEN
Published:
2025-08-08 12:41:35
8
2

CrediX Team Vanishes After $4.5M Exploit in Suspected DeFi Exit Scam

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.

|Square

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