The team behind the DeFi protocol CrediX is suspected of an exit scam following a recent $4.5 million security breach. The team has reportedly “vanished” from the project’s official channels despite promising refunds, leaving customers empty-handed.
DeFi Protocol Suffers $4.5 Million Exploit
On Friday, security firm CertiK reported that the DeFi lender CrediX’s team had disappeared following the platform’s recent exploit, leaving its website offline since the August 4 incident and suddenly deleting the official X account.
For context, the Sonic-based DeFi lender suffered a security breach on Monday after a potential wallet compromise led to the theft of $4.5 million from the protocol’s liquidity
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