Many warnings have been posted about the possibility of DeFi exits scams across different platforms including bitcointalk but it seems people are simply too greedy to take advantage of the hype and profit. As it turns out, many of them got burned from projects like Yfdexf.Finance.
As
reported, Yfdexfs team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexfs team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
It's crazy because of the amount of eth that scam project gott is a lot, and I think the one to blame is crypto influencers because I saw a lot of them on Twitter they held giveaways with sponsorship money from this scam project, they easily used their audience to create hype so that many were trapped in that scam project, and I hope they will realize this soon and prefer to promote a real crypto project.