Crypto Scam: DeFi100 website crashes with $32 Million investor funds

“We scammed you guys and you can’t do anything about it”, DeFi100 website reportedly reads

On Saturday May 22nd, A cryptocurrency analyst known as Mr. Whale on Twitter said DeFi 100 has stolen $32 million in investor’s funds with a display message on its website.

He wrote: “DeFi100 coin exit scams, and runs away with $32 million in investors funds. Website is now updated with the message “We scammed you guys, and you can’t do shit about it”

DeFi100 website

The Analyst also warned his followers to expect more exit scams to happen.

“As the bull market fades, many projects will too! Expect a huge increase in exit scams over these next few months. Never invest in projects that are very new, with anonymous teams, made as memes, and have a lack of real utility. Stay safe everyone!”

Next Post

"Our website was hacked" Defi100 refutes fraud claims

Sun May 23 , 2021
<div class="at-above-post addthis_tool" data-url="https://www.gistvic.com/news/crypto-scam-defi100-website-crashes-with-32-million-investor-funds/"></div>Defi100 speaks after alleged $32 million fraud claims. Mr. Whale, a cryptocurrency researcher on Twitter, said DeFi 100 had robbed $32 million in investor funds with a view message on its website on Saturday, May 22nd. Is this True? The scam report may not be true. While reacting to the fraud […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on get_the_excerpt --><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons above via filter on get_the_excerpt --><!-- AddThis Share Buttons below via filter on get_the_excerpt --><div class="at-below-post addthis_tool" data-url="https://www.gistvic.com/news/crypto-scam-defi100-website-crashes-with-32-million-investor-funds/"></div><!-- AddThis Share Buttons generic via filter on get_the_excerpt -->
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