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Detail Analysis

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Date:

Status:

Count:

Contributor:

August 1, 2020

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Verified

1

zerofriction.io

Loss Amount:

30,000

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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:

Protocol

Scams

Extended Method:

Rug Pull

Data Sources:

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YFII's hard fork project YYFI has completely become an "exit scam" in the early morning of August 1. From the very beginning, this project seems to be determined to prepare for its own run. Jongchan Jang, the creator of Yearn.Finance (YFI) fork Asuka token and a known person in Korean crypto community, is said to have exit scammed. Doo Wan Nam, MakerDAO’s business development associate in the Asia-Pacific region, tweeted that the creator appears to have sent his DAI holdings to Binance. Korean news outlets reported the news on Monday, saying that Jang has shut down the Asuka.Finance website as well as all its social media accounts.

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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.