DeFi Scams on the Rise as Another Protocol Defrauds Investors For $20 Million

Yfdexf.Finance, the new cash mining pool DeFi project, has pulled out of the market after stealing $20 million from investors. Yfdexf initiated a two-day large-scale advertising campaign on various social media platforms, such as Twitter and Telegram, and promised free giveaways for retweets and hashtags. A number of investors hastily leveraged their funds on the...