🚨 $2,500,000,000 LOST in only 3 scams/hacks in 2024!
2024 wasn’t just a year of gains—it was a year of chaos. Billions stolen, lives ruined, and lessons learned the hard way. Here are the year’s biggest scams and hacks that rocked the crypto world.
1. $2.2 Billion in DeFi Drains DeFi got hammered this year, with over $2.2 billion lost to hacks. The worst? A single flash loan exploit drained $450 million from one platform in hours. Weak smart contracts = massive losses. The lesson? Always verify the platform’s code security before investing.
2. Memecoin Rug Pull Steals $200 Million A hyped memecoin called FlokiWorld exploded onto the scene, riding on slick marketing and influencer endorsements. They raised $200M in liquidity in weeks—but here’s the twist: the liquidity pool wasn’t locked. Overnight, the devs drained the funds, deleted their online presence, and left investors with worthless tokens. Thousands were duped. Moral of the story? Check liquidity locks before you invest.
3. $60 Million Phishing Scam Hits DeFi Users A fake clone of DeFi platform FinanceLink scammed users out of $60M. Hackers sent phishing emails urging users to “secure their wallets” via a fraudulent link. The replica site looked perfect, but when users connected their wallets, funds were instantly drained.
Why It Keeps Happening
- Greed Meets Naivety: Investors chase the hype without due diligence.
- Scammers Leveling Up: Deepfake videos, fake support teams, and polished sites are fooling even savvy users.
- Zero Regulation: Scammers exploit the lack of oversight to vanish with billions.
2024 proved one thing: crypto is still the Wild West. Scammers will never stop, but neither will the opportunities. Stay sharp, stay secure, and always protect your assets.
Have you survived a rug pull or scam? Let’s hear your story and help others avoid the same fate.
Follow @Professor Mende - Bonuz Ecosystem Founder for more survival tips.
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