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Detail Analysis

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Date:

Status:

Count:

Contributor:

March 4, 2021

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Verified

1

zerofriction.io

Loss Amount:

31,000,000

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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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Decentralized finance project Meerkat Finance has claimed it was drained of $31 million in crypto assets just one day after launching on the Binance Smart Chain. The Meerkat Finance team announced via its Telegram channel around 9:00 UTC Thursday that its smart contract vault had been compromised, The Block reported. The DeFi project was drained of 13.96 million BUSD and 73,653 BNB (both Binance tokens), adding up to over $31 million in total.

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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.