🚨 Fraud Alert! CrediX Disappears with $4.5M After False Hacking 🚨
The CrediX protocol has vanished, taking with it $4.5 million in what appears to be an exit scam disguised as hacking.
The Chronicle of an Announced Disappearance
It all began on August 4, when CrediX, a DeFi protocol on the Sonic blockchain, announced that it had suffered a hacking. According to the team, a vulnerability in an administrative wallet had been exploited, resulting in the loss of $4.5 million.
The team promised users a refund within 24 to 48 hours, a promise that we now know was false. In recent hours, the project's X account has been disabled, the website has disappeared, and its Telegram and Discord channels have fallen into total silence. The stolen funds were moved to #Ethereum and deposited in various addresses.
Why is this an "Exit Scam"?
When a project disappears in this manner, cutting off all communication and erasing its online trace, the alarms of an exit scam ring loudly. The "hacking" was likely a smokescreen for the developers to flee with the investors' money.
Key Lessons to Protect Your Funds
This case of $CrediX is not isolated. Let’s remember the scams of DF Fintoch and Swamprum DEX in 2023. The lack of security and blind trust can cost you everything.
* Research projects thoroughly: Before investing, check the audit of their code, the team's history, and the strength of their community. A project without history or transparency is a giant red flag.
* Don’t trust refund promises: If a project is hacked and promises an immediate refund without a detailed plan, be skeptical. Often, this is a tactic to buy time.
* Diversify and use cold wallets: Never put all your funds in one place. Diversification reduces risk.
💬 Have you been a victim of a similar scam?
