CrediX Team Vanishes Following $4.5M Exploit as Stability DAO Prepares Legal Action

The CrediX team has gone silent after a $4.5 million hack drained funds from its DeFi protocol, with its website and social media accounts inactive for four consecutive days. Blockchain security firm CertiK confirmed the team's disappearance, while stolen funds remain scattered across ethereum wallets.

A cryptic Telegram message addressed to users as "Fam" acknowledged the exploit but provided no concrete recovery plan, despite earlier promises of full restitution within 48 hours. Stability DAO, another Sonic-based protocol affected by the breach, claims CrediX assured them of recoverable funds while preparing a legal report.

The incident highlights growing security concerns in decentralized finance, particularly around cross-chain bridging. No tagged coins or exchanges were directly implicated in the exploit.