CrediX Team Vanishes Overnight—Multi-Million Dollar Exit Scam Rocks Crypto Community

Another day, another crypto project goes ghost—CrediX team pulls a Houdini after bleeding millions.

Investors left holding empty bags as red flags turn into red alerts.

Here’s how the ‘DeFi innovators’ turned into midnight runners.

Signs you missed (and why due diligence isn’t just a buzzword).

Bonus lesson: When APYs look too good to be true, they usually are—especially when the team’s LinkedIn profiles suddenly ‘expire’.

Donald TRUMP Taps Pro-Crypto Economist Stephen Miran for Federal Reserve Role

Initially, the CrediX team told users they WOULD be reimbursed within 24 – 48 hours and advised withdrawals through smart contracts. However, no detailed recovery plan has since been released, and the platform has yet to come back online.

With no updates and investor funds still unaccounted for, the CrediX incident is now being watched as yet another cautionary tale in DeFi’s ongoing struggle with security and trust.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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