The team behind the decentralized finance (DeFi) protocol CrediX Finance has disappeared just days after a $4.5 million exploit compromised the platform.
Blockchain security firm CertiK stated that the DeFi protocol’s official X handle and website have been offline since August 4, with suspicions of an exit scam gathering steam.
CrediX Finance Team Disappears After $4.5M Exploit
The CrediX Finance team has vanished following a $4.5 million exploit, prompting suspicions of an exit scam. Blockchain security firms flagged the exploit on Monday, confirming that crypto assets worth $4.5 million were drained from the platform. In response, CrediX Finance paused all operations to prevent users from depositing more funds. Blockchain security firm SlowMist gave a detailed …
