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Detail Analysis

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Date:

Status:

Count:

Contributor:

May 23, 2021

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Verified

1

zerofriction.io

Loss Amount:

600,000

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Recovered Amount:

-

Currency:

Dollars

KYC By:

Audit By:

None

None

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Website:

No data

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Binance Smart Chain

Protocol

Scams

Extended Method:

Rug Pull

Data Sources:

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The official website of the DeFi protocol DeFi100 on Binance Smart Chain (BSC) is no longer accessible. Previously, Twitter user "Mr. Whale" pointed out that the project may be a scam. "About 32 million US dollars of user funds were swept away by the team. road". About 10 hours ago, the words "We lied to you, you can't do anything with us" appeared on the DeFi100 official website, and the page was subsequently deleted. The DeFi100 project website was no longer accessible. It is not yet certain whether the website was hacked or the project team itself Close the website. DeFi100 is a decentralized flexible synthetic asset index product on the Binance Smart Chain, developed by an anonymous team. However, Defi100 stated that the total supply of D100 at present is less than 4 million tokens. At the beginning of the project, total supply was 2.5 million Tokens. Secondly, D100 was never a yield farming protocol which was holding investors funds with TVL over 32 million. Thirdly, total tokens sold during IDO were 750,000 at $0.80 per token. These facts are available in public for checking their authenticity. The rumors of stealing $32 million are absolutely false and baseless. We reiterate it again that we have not made any exit.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.