🚨 **Crypto News Flash: BaseBros Fi Vanishes in Suspected Rug Pull!** 🚨
- **What Happened?** BaseBros Fi, a DeFi yield optimization protocol on the Base blockchain, disappeared on Sept 13, deleting its website and social media accounts.
- **Impact:** Investors lost over $130,000, as reported by Cyvers on X.
- **How?** The rug pull exploited an unaudited smart contract with a “backdoor,” allowing the team to siphon funds.
- **Community Reaction:** Shocked users, over 2,000 on X and 3,300 on Telegram, lost both investments and communication channels.
- **Money Trail:** Stolen funds were funneled through Tornado Cash, complicating recovery efforts.
💬 **What are your thoughts on the rise of DeFi rug pulls? Share in the comments!**