🚨 Admin Key Drama! Zunami Exploit Raises Eyebrows – Was It a Rug Pull in Disguise? 🤔
Zunami Protocol, a DeFi project once promising high crypto yields, lost $500,000 on May 14th, 2025, in what looks less like a hack and more like a clean exit. Instead of some complex technical trick, someone with admin access simply called a function that allowed them to withdraw all the funds. Just like that, the vault was emptied—no flash loans, no smart contract wizardry. Critics are now asking: was this really a “compromise,” or a carefully planned inside job?
This wasn’t Zunami’s first disaster. The protocol has a history of being exploited, including three previous attacks in 2023 that resulted in a total of $2.36 million lost. Back then, they blamed technical issues and promised upgrades. But by 2025, the red flags were waving loud and clear—no code updates for months, vanishing developers, and no response after rewards dropped to zero. And this latest “hack” happened just days after yield incentives dried up, making it look like the perfect time for a planned exit.
Even more suspicious were the conflicting stories from the team. The CTO claimed his laptop was seized and cloned by Russian border police (yes, really), while denying he owned a Ferrari, as rumors suggested. Meanwhile, users in Zunami’s Discord were furious. Some demanded police action. Even moderators threatened legal steps. But with no updates, no compensation, and no clear answers, trust in the team has completely collapsed. 🤯
