Topic: Another DeFi exit scam - page 5. (Read 910 times)
bounty hunters try their luck by joining the DEFi project because they don't spend any initial capital, by participating through bounties, airdrops, giveaways, and the like associated with the DEfi project. we never even knew the end was a Scam. but I agree with your input to be careful and not to help scamers especially with promoting projects related to Defi.
That's really likely to happen. After all of those funny foody name of those Defi, they're likely to get out of it as soon as investors money have been collected in huge sums.
It's one by one and if these defi investors don't see it as a signal that they have to abandon the ship, it is a fact that many of their will experience the burning off their money and going to be left behind.
It's one by one and if these defi investors don't see it as a signal that they have to abandon the ship, it is a fact that many of their will experience the burning off their money and going to be left behind.
Many warnings have been posted about the possibility of DeFi exits scams across different platforms including bitcointalk but it seems people are simply too greedy to take advantage of the hype and profit. As it turns out, many of them got burned from projects like Yfdexf.Finance.
As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
More to come in the near future I guess, because projects are created for no reasons due to this trend and listed on uniswap with no difficulties which already damaged the transaction fees.But again when projects are getting exit scam, the projects created with the same purpose will follow the same to make profits in the right time. As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
Many warnings have been posted about the possibility of DeFi exits scams across different platforms including bitcointalk but it seems people are simply too greedy to take advantage of the hype and profit. As it turns out, many of them got burned from projects like Yfdexf.Finance.
As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
Scammers are scammers,whatever situation they will find a way to scam people to get money quickly and they are operating their evil deeds when there are many people very exciting for something new like Defi that's why everyone should be careful for every new project that rise in crypto market because scammers not sleeping.
This had an anon dev too? Could someone answer why people are suddenly trusting anon devs again? Bitcoin was the only project that actually worked out fine with a pseudonym dev, but that's because Satoshi didn't dump his coins, not yet anyway.
History will be repeating.
Everyone doesn't learn from ERC Colour Coin/Token and Lending Platform in 2017, the problem of all cryptocurrency aspects. Almost 80-90% everyone in cryptocurrency was really easy to get scam, even not reading the whole topic about DeFi. What's they offer not new at all just a same like lending platform, and also if they want to get some stake why not using POS with Major Coin for more safe instance DeFi ~LOL
Everyone doesn't learn from ERC Colour Coin/Token and Lending Platform in 2017, the problem of all cryptocurrency aspects. Almost 80-90% everyone in cryptocurrency was really easy to get scam, even not reading the whole topic about DeFi. What's they offer not new at all just a same like lending platform, and also if they want to get some stake why not using POS with Major Coin for more safe instance DeFi ~LOL
I've been reading several posts on this platform of different Defi projects that had exited the space with millions of dollars, but it amazes me that despite these issues we still have people investing sporadically on Defi projects without any research as to whether the project is valid or not. I know that with time people would get tired of loosing and the Defi trend would come to a halt, just like ICO's.
Many warnings have been posted about the possibility of DeFi exits scams across different platforms including bitcointalk but it seems people are simply too greedy to take advantage of the hype and profit. As it turns out, many of them got burned from projects like Yfdexf.Finance.
As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
This is the advantage of the scammers using bounty hunters to promote the project and create a hype out of it, I think bounty hunters should really do start to take care of which projects they are promoting, yes they needed money and you can have it on by participating to bounty and airdrops but I don't think it's not a reason not to search about the project if they are legitimate or not however we can't blame them since some of the scam projects really look like a legitimate projects. As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
Many warnings have been posted about the possibility of DeFi exits scams across different platforms including bitcointalk but it seems people are simply too greedy to take advantage of the hype and profit. As it turns out, many of them got burned from projects like Yfdexf.Finance.
As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
@Bttzed03 this is really sad news and I wish some how those scammers are caught, even though I know it’ll be very difficult to catch them.
Furthermore this is another example why we all should not be greedy, and why we all should strictly avoid risking our funds for short term gains by investing in unknown sites and unknown tokens.
Also you have brought up a valid point that bounty hunters need to be careful about what they promote here, and to eradicate such scams older members should tag those bounty hunters, and force them to stop promoting such type of scams.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
Actually, this is difficult considering most hunters (airdrop, bounty, etc) mostly do not care about it and they only care about possibility about promoting the project scam they have in mind is opportunity to get project token and sell it for some crypto money, and their case of Yfdex. they smart because don't promote their campaign program in this forum so that no one accusations their project in this forum, and I really hope not to get stuck with a project like this because currently I'm promoting a DeFi project that has an anon team but I'm really sure I didn't choose a Potential DeFi Scam Project . 
This is not surprising all the scammers are improving day by day, before there's a lot of projects offers ICO that would just run and now they are now on the DeFi projects first thing I've heard was on Binance not quite sure which DeFi it is. It's really now hard these days to spot the scammers I think they really are organized group and they really do plan on having an airdrop in order to get a hyped on their project.
Many warnings have been posted about the possibility of DeFi exits scams across different platforms including bitcointalk but it seems people are simply too greedy to take advantage of the hype and profit. As it turns out, many of them got burned from projects like Yfdexf.Finance.
As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
As reported, Yfdexf’s team managed to run away with $20 million. Their official website, medium, telegram and twitter accounts have all been taken down to not leave any traces.
What happened here is also another reminder to all aridrop and giveaway hunters out there to be careful in what you are sharing in exchange for some rewards. You might not realized it yet, but you are also helping these scammers. Yfdexf’s team organized many giveaways to create hype and many of these hunters just joined without even thinking about what they are promoting.
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