CrediX Suspected of Exit Scam After Team Disappears
Date: 2025-08-11 Author: Gabriel Deangelo Categories: BUSINESS
Experts from CertiK reported an alarming situation around the CrediX crypto protocol. According to them, the project's official account on the X social network has stopped posting updates, and the site has been unavailable for several days. This has raised suspicions of an exit scam - a scheme in which creators suddenly disappear, taking investors' funds. Such cases are usually accompanied by the closure of online resources and the removal of all communication channels with users.
The situation is aggravated by the fact that shortly before this, CrediX became the victim of a hacker attack. This happened just a month after the launch of the platform, and the damage amounted to about $ 4.5 million. The attackers gained access to the administrative address, issued unsecured tokens and withdrew assets from the liquidity pool. The funds were transferred from the Sonic blockchain to the Ethereum network, after which they were distributed among multiple wallets.
Soon, the CrediX team announced that they had contacted the alleged hacker and reached an agreement on the return of the stolen funds. According to them, the attacker agreed to return the entire amount, and users were promised compensation within 24-48 hours. However, no detailed compensation plan was published, which increased investor mistrust and fueled rumors of a possible scam.
Exit scams remain one of the most painful problems in the crypto industry. Similar cases have already occurred in the past: in May 2023, the DF Fintoch project disappeared along with $32 million, and the team of the decentralized platform Swamprum DEX appropriated user assets worth about $3 million. In 2024, the OrdiZK project left the market, taking 489 million OZK tokens worth $1.4 million from clients and deleting all of its social media pages. Similar suspicions were also raised against the administrators of the Incognito darknet resource.
The current situation with CrediX has become another reminder for market participants about the risks of investing in young crypto projects. Lack of transparency, quick promises of compensation without specific details, and the sudden disappearance of the team are all signs that should alert investors. For now, the fate of CrediX users' funds remains unknown, and the project itself is inaccessible.
