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People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds

People Behind Crypto Protocol DeFi100 May Have Absconded With $32M in Investor Funds

Kevin ReynoldsMay 23, 2021, 12:19 am

Cryptocurrency project DeFi100, a decentralized finance (DeFi) protocol built on the Binance Smart Chain, appears to have been a scam, with the people running it having taken investors’ money and running.

  • An unnamed crypto analyst on Twitter with more than 197,000 followers put the haul at $32 million. It was unclear how that figure was obtained. A message to the analyst wasn’t immediately returned.
  • Hours ago, a not-so-classy message greeted visitors to the DeFi100.org website telling investors they’d been fooled and “you can’t do [the slightest thing] about it.” While that page has since been removed, here’s a screen grab of it:

Read more.. https://finance.yahoo.com/news/people-behind-crypto-protocol-defi100-231952405.html

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