What happened
SyncDex Finance rugpulled by the deployer. The scammer stole around 442,470 $USD.
The SyncDex Finance project showed several red flags even before it was rugpulled. Comments were muted on Twitter, and words were added to ban lists on Telegram/Discord channels to prevent concerns about the project from being raised. Moreover, their contract did not allow for withdrawing pledged funds, which is always a warning sign.
The staking pool allowed only admins to withdraw funds while users' assets remained locked up permanently.
Eventually, the deployer pulled out around 442,470 $USD worth of liquidity and vanished into thin air. The official Twitter and website of the project went shut down.
Scammer Address:
https://bscscan.com/address/0x5aA713AE…7fE194
Funds currently on addresses below:
https://explorer.zksync.io/address/0xE4eDb277…00bCE8
https://explorer.zksync.io/address/0x80C67432…99bCF8
Case & protocol details
Evidence & learning
Sources and on-chain records
- report Report crypto.news
- report Report twitter.com
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