Scandal of the month: Did the developers flee with $47 million? What happened to the ORBITA project?
It's getting hot in the crypto world again: at the beginning of June, the ORBITA project, which promised a "revolution in cross-chain communication," suddenly went to zero. All social media accounts have been deleted, the website is inaccessible, and the token has dropped by 99%. According to rumors, the team withdrew $47 million in investor funds through mixers.
Investors are in shock. Some blame the exchanges for negligence, while others blame themselves for "hype without analysis." What do you think: could the scam have been recognized earlier? Or is this just the new norm in the DeFi world? 🤔
Should we trust anonymous teams at all? Or is it time to rethink our approach to DYOR?