News about Exit Scam

by COINS NEWS - 10 months ago

The SushiSwap Exit Scam of $13 million in 2020

SushiSwap was the created by pseudonymous founder, Chef Nomi, who took the Uniswap an extra mile by adding rewards for providing liquidity to the exchange through a liquidity provider token (LP), called sushi (SUSHI). As sushi investors later d...

by COINS NEWS - 10 months ago

No consequence for exit scam?

I was an insider at a crypto company that did an ico in 2018, which raised 20+ mil, and the founder stole all of it and did a long exit scam (kept appearance of ongoing ops but in reality he took all the funds transferred it overseas and moved overse...

Cryptocoins News / Blockchain  - 1 year ago

Kokomo Finance Accused of $4M Exit Scam

Kokomo Finance, an open-source and noncustodial lending protocol on Optimism, is suspected of an exit scam worth $4 million. The protocol allegedly plucked user funds via a smart contract loophole, causing the Kokomo Finance token to plummet 95% in v...