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Detail Analysis

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Date:

Status:

Count:

Contributor:

November 9, 2021

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Verified

1

zerofriction.io

Loss Amount:

600,000

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Recovered Amount:

-

Currency:

Dollars, USDT

KYC By:

Audit By:

None

None

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Key Indicators

Platform:

Type:

Category:

Method:

Binance Smart Chain

Protocol

Yield

Scams

Extended Method:

Rug Pull

Data Sources:

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Porta Network reported that the company was robbed of 600,000 USDT. The robbery was very well structured, looking back we wonder if we could have avoided it. The thieves disguised themselves as potential investors and requested a physical meeting with the team members.

They stole funds from the company wallet simply by having us in the same room with them. It was a very unfortunate incident and truthfully, the company staffs were grateful to get out physically unharmed.

No police report was posted, howver twitter threads are flooded with mishandling which yields greater support for a rugpull performed by the company.

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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.