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WhaleFarm’s DeFi Token Crashes 99% After Rug Pull

Published 06/30/2021, 01:00 PM
WhaleFarm’s DeFi Token Crashes 99% After Rug Pull

  • DeFi project WhaleFarm fell by 99% after a rug pull.
  • The project was only a month old and offers over 7 million in APY.
  • Also, there has been a marked increase in calls for DeFi regulation

DeFi project WhaleFarm has allegedly scammed investors out of about $2.3 million. The project’s anonymous team apparently did a rug pull leading the project’s native token tumbling by 99% within minutes.

This article was first published on coinquora.com

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