Quote from: Oshosondy on September 10, 2020, 08:25:31 PM

"A new liquidity mining pool DeFi project, Yfdexf.Finance has exited the market after defrauding investors of $20 million in total funds locked in its protocol," media outlet ZyCrypto wrote on Sept. 10.

The project shilled its vaporware hard via Twitter and messaging apps such as Discord over the past 48 hours, ZyCrypto detailed. Cointelegraph tried tracking down details of the effort, but all traces of the scam appear to have been deleted at press time.

The DeFi space has moved incredibly fast in 2020, especially in recent weeks, with projects such as SushiSwap seeing millions of dollars in action only days after its launch. Some such projects, however, have proven to be problematic in a variety of ways.

https://cointelegraph.com/news/another-defi-exit-scam-just-made-off-with-20m-in-investor-funds

Every one wants to get rich faster and they choose crypto as a gambling, its the same old thing repeating like in 2017-2018 launching new projects and pump n dump
and there are more than 60-70% of newbies who wont research and start to invest and this days its DEFI DEFI everywhere, everyone need to be looking for which is legit and which is not

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