DeFi100 $32 Million Cryptocurrency Scam Was Fake News And Website Was Hacked

It is a bit unlucky that within the race for pace, we frequently find yourself following the path of pretend information with out realizing it. The similar has occurred over the previous few hours with cryptocurrency venture DeFi100, after it was reported within the depths of Twitter by a person @CryptoWhale that the decentralized finance protocol appeared to have been a rip-off and that the oldsters working it have disappeared with a haul of as a lot as $32 million. The message on their web site which mentioned “we scammed you guys and you can’t do XXXX about it” was taken as proof of guilt. The XXXX right here references in any other case unparliamentary language. DeFi100 has since taken to Twitter and clarified that their web site was hacked and all experiences of the DeFi100 rip-off are completely false. They additionally say that the best market cap the venture ever had was $2 million.

The DeFi100 has a local token D100. At the time of penning this, the D100 token is buying and selling at $0.07999 and has seen a 1.42% upward motion previously 24 hours. The DeFi100 account on Twitter says, “The rumours of stealing $32 million are absolutely false and baseless.” They say there aren’t any plans to exit although traders have confronted losses because the venture has failed to achieve its targets simply but, however makes an attempt are being made to make the venture worthwhile. “The website was hacked yesterday and the message was shown by the hackers. It has been taken down,” they make clear. As per DeFi100, the overall provide at first was 2.5 million tokens which has since elevated to only lower than 4 million tokens. They additionally say that the best market cap the venture ever had was $2 million. The web site stays unavailable on the time of penning this.