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CATEGORY: exit scams

Blockchain security firm freezes $160K stolen in Merlin DEX ‘rug pull’
Author: Cointelegraph By Brayden Lindrea
United States
Source: Cointelegraph.com News
May 05, 2023 08:20

Blockchain security firm freezes $160K stolen in Merlin DEX ‘rug pull’

CertiK has contacted law enforcement in the United States and the United Kingdom to find the pseudonymous operators.

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Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
Author: Cointelegraph By Jesse Coghlan
United States
Source: Cointelegraph.com News
Jun 02, 2023 08:20

Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin

Over $45 million was lost to exit scams in May while exploits on DeFi protocols racked up less than half that amount over the same period.

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