Exit Scam on zkFlex Finance: Project’s Value Drops 100%
A security-focused ranking platform, Certik, has reported an exit scam on zkFlex Finance after the project’s value plummeted by 100%. The announcement also revealed that the project’s social media accounts and websites have been deleted. This exit scam has raised concerns among crypto investors.
Deleted Accounts and Alleged Scammers
In their announcement, Certik identified two addresses involved in the alleged exit scam. One of these addresses, 0x84f90, sold tokens and made a profit of approximately $56,000. The sudden disappearance of the project’s online presence and the significant drop in its value indicate fraudulent activity.
Stay Vigilant
This incident serves as a reminder for crypto investors to remain cautious and vigilant. Exit scams can happen in the crypto space, and it is crucial to conduct thorough research before investing in any project. Always verify the legitimacy of a project and be aware of warning signs such as sudden value drops or disappearing online presence.
Source: Crypto News
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