TurtleDex, a Binance Smart Chain dApp, exit scammed its users today, after its highly anticipated launch.Jet Fuel Finance, a yield farming ecosystem that partnered with TurtleDex, confirmed the scam on Twitter. A user called @DeFiStalker posted screenshots of the diverted liquidity pools. ApeSwap and PancakeSwap couldn’t provide liquidity as users started desperately selling … [Read more...] about Binance Smart Chain project TurtleDex pulls the rug on its users and steals $2.5 million
TurtleDex
Binance Smart Chain’s TurtleDex rugpulls shortly after launch
Turns out a turtle’s arms are plenty long enough to pull a rug. Yesterday, March 19 Binance Smart Chain (BSC) file storage project TurtleDex performed a “rugpull” exit scam — a colloquial term for when a project’s developers drain the liquidity or stored funds invested by the protocol. Coming off a March 15 presale round that raised 9000 BNB tokens worth nearly $2.5 million, … [Read more...] about Binance Smart Chain’s TurtleDex rugpulls shortly after launch