GBL Rug Pull

Reported loss $4.0M
Rugpull

What happened

Beijing-based “GBL” was advertised as a Hong Kong-based exchange and shut down after attracting significant investment. At the time, there was a Bitcoin craze in China, which lasted for much of the latter half of 2013 and was credited as the leading cause of the November 2013 bubble.

Protocol details

Classification CeFi
Protocol Type Exit Scam/Rugpull
Protocol links Website

Evidence

Same attack technique

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