Yesterday, Kannagi, one of the top ten projects in zkSync TVL, completed the "Rug Pull" operation. Currently, the official push and official website of the project have failed. According to DeFiLlama data, the TVL of Kannagi Finance reached 2.13 million US dollars the day before the "Rug Pull", but now it has returned to zero, and the estimated user loss is about 2.13 million US dollars.
It is reported that this is a Chinese project, and some domestic KOLs have been invited to help them promote it. The contract code of Kannagi Finance has not been open sourced for verification. The SolidProof audit was completed on June 6, but the audit report was very simple.
@SolidProof_io
It is an auditing agency under the German company Make Network. It was established in May 2020 and has audited projects including PinkSale, Cult DAO, UNCX Network, etc. SolidProof responded that they did not audit the Vault contract related to this incident, and that part was completed by SourceHat (I don’t know anything, let me find out first 😂) SolidProof has set up a working group with Kyber Network to thoroughly investigate the matter.
🙃These two security auditing agencies are jokingly called "wild chickens" in the auditing industry and their reputations are worrying.
After the Kannagi Finance Rug Pull, an enthusiastic KOL @0xmasiwei stood up and set up his own rights protection group. He was full of righteous indignation and said he would fight for the rights of many victims. 😜 At present, the economic investigation, security team and exchange have been contacted. He invested 100WU and called on the victims' team to help the victims sanction the Kannagi team. If they can't kill them, he will retire as a hero and cancel his account and leave. 😏
😁These words are full of a sense of justice and mission of "You evil people, don't even think about running away." Even though they are a bit hype, they also bring a glimmer of hope to the victims.
At this time, Duiduige @zunzunhotel stood up to question "Justice Brother" @0xmasiwei. Duiduige said: First of all, the hard-earned money of the victims of the KANNAGI scam team RUG is unforgivable and should be punished! But how can some KOLs not brag? 🤢Why do I feel that the activities that originally reflected the heart-to-heart and heart-warming rights protection of coin friends have become a personal show? Wait and see how 1 million U is spent🥱
Currently, there is not a single reliable project in the various sections of zkSync. The infrastructure has not kept up, and big projects dare not enter. Existing project parties cannot make money from the projects. Some choose to lie down and pretend to be dead, and some directly RUG. Users who make money are at risk of being reversed at any time. Not only will they be reversed, but they may even return to 0. Can you bear this? 🤪🤪🤪