Warning Over Scammers Posing as DeFi Protocol Developers

Reading Time: 2 minutes Blockchain investigator ZachXBT has revealed a new scheme used by web3 scammers He revealed that malicious actors are now developing DeFi platforms and conducting rug pulls The scammers use less known smart contract auditing first to lure victims using false audit reports Malicious actors in the web3 space are changing their tactics in a bid to lure more victims…
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"The only truly secure system is one that is powered off, cast in a block of concrete and sealed in a lead-lined room with armed guards." — Gene Spafford

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