dxHub Rug Pull

Reported loss $5K
Ethereum
Rugpull

What happened

On the Telegram announcement group, the project team invited people to join the dxHub token sale event. The TG group has 34 thousand members, however, most of the accounts of community members looked like bots. The tokenomic of the project was devoid of logic. The funds from the fundraising event came directly to the team's ETH address. The team's GitHub page lacks development history:

Source

Users have complained about not receiving the airdropped tokens. 8.4 ETH, gathered from the sale, were transferred and converted into USDT.

Transfer transactions:

Tx 0xa786…bd7a

Tx 0x75e3…98a9

Protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract dxHub Coin
Protocol links Website

Evidence

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