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Details: https://www.gate.com/announcements/article/47889
A major rugpull scam at the start of the year wiped out 30K in funds. The incident highlights a growing concern in crypto communities—sophisticated social engineering schemes targeting unsuspecting participants. It's a stark reminder of why due diligence on projects and careful wallet management matter. Cases like this underscore the risks lurking in unverified investment opportunities within the Web3 space. The incident sparked debate about accountability and security standards in decentralized finance.