CrediX Finance Exit Scam - Team Vanishes After $4.5M DeFi Exploit
Summary by Blockchain Magazine
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1 Articles
CrediX Finance Exit Scam - Team Vanishes After $4.5M DeFi Exploit
The decentralized finance sector has been rocked by another devastating blow as CrediX Finance, a lending protocol that promised innovative credit solutions, appears to have executed a classic exit scam following a $4.5 million exploit. The incident serves as a stark reminder of the risks inherent in DeFi protocols and highlights the importance of thorough due diligence in an unregulated space. Timeline of the CrediX Collapse August 4, 2025: Th…
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