Defiyield is asking good questions here,
They're now in the process of "refunding" hehe. They probably did so because they've been KYC'd by the insurance platforms they partnered with.
The report also says the same people founded another platforms that was supposedly "exploited" in 2021.
Exactly, They are trying to milk there customer and use the insurance company money to refund the user loss to which they claim a “hack”. This is an epic fail considering how huge the funds there customers entrusted yet they decided to this way just cashout all the money easily.
Luckily blockchain records don’t and scammer like this won’t escape easily by doing an inside job. There audited smart contract backlash to them when there hack excuse doesn’t justify how it happened without the creator allowing the.