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❕NEWS Another DeFi exit scam made of with $20M Investors funds.

De-rector

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The scammers are always looking for a ways to defraud people at all cost. The hot cake of the moment in Crypto currencies activities Decentralized finance (DeFi) project is the current hide out for scammers now has a scammer recently made away with $20 million investor funds through his acclaimed new liquidity mining pool yfdexf.finance.
Cointelegraph tried to track his details via discord or Twitter proved abortive.
 

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The scammers are always looking for a ways to defraud people at all cost. The hot cake of the moment in Crypto currencies activities Decentralized finance (DeFi) project is the current hide out for scammers now has a scammer recently made away with $20 million investor funds through his acclaimed new liquidity mining pool yfdexf.finance.
Cointelegraph tried to track his details via discord or Twitter proved abortive.
This is a sad thing to hear and a news that may tarnish the good intention of the DEFI projects. People should be careful when it comes to joining similar projects especially when the site is still new and has not really lasted long .
 

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The moment a site or project is trending and hot, scammers dive in to it immediately to scam people of their money , it is sad though , I hope he can be tracked.
 

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This is such bad news especially for those people who lost their funds to the scammer. It is quite unfortunate that tracking such may be near impossible.
 

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This is why I hardly jump on anything new, because it sometime a scam. This is really sad especially investor money. I hope this scammer would be tracked in no time
 

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This is why I hardly jump on anything new, because it sometime a scam. This is really sad especially investor money. I hope this scammer would be tracked in no time
Actually this action discouraged a lot of people from indulging into Defi projects . However , I see it as a fighting strategy used by non Defi tokens to label Defi projects scam
 

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This was a major loss to DeFi tokens then because the interest drastically dropped though the price of those tokens are gradually picking up.
 

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Actually this action discouraged a lot of people from indulging into Defi projects . However , I see it as a fighting strategy used by non Defi tokens to label Defi projects scam
If your last sentence is true then it very bad of the people peddling the lies for such cheap strategy. But it should still be ascertained that this isn't a scam
 

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If your last sentence is true then it very bad of the people peddling the lies for such cheap strategy. But it should still be ascertained that this isn't a scam
Defi projects and Defi tokens were build to remove the third party in cryptocurrency transaction , giving people the freedom to carry out cryptocurrency transaction directly by themselves ,and free control of their account .
 

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Yeah but I think the developers of the Defi tokens are the ones responsible for the scam activities in the market because Investors are ready to invest and make money.
 

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Yeah but I think the developers of the Defi tokens are the ones responsible for the scam activities in the market because Investors are ready to invest and make money.
Every Defi token has different developers , the legit ones are still in existence . The scammers used the platform to scam people off their money
 
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