A trial hack on meerkat finance

[DaMut]

Yesterday we heard a bad news on meerkat finance about a hack with a possibility of rug pulling from the team themselves,
31 M total was lost in form of BNB and BUSD based on transaction report.

BUT, today another news come with a different subject
Meerkat finance rug pull is a test.

what do you think guys?

https://www.abmedia.io/bsc-meerkat-finance-rugpull-is-just-a-test

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[Evilish]

A trial hack? I call bullshit. Seems to me that they weren't anticipating this hack/rugpull to become such a huge news and are now afraid of getting caught. That or guilt finally caught up to them.

No dev would "test rug" their holders and kill their entire project. Just doesn't make any sense.

Another reason could be Binance had closed the BNB -> ETH ramp yesterday so maybe they were unable to convert the stolen BNB to ETH and wash them using tornado.cash or similar like any hacker would have planned to do.

[shinratensei_]

LOL, i guess he was getting worried if the users who have been affecting caused by that BS test will make them be jailed. This is happening in the past with some icos. They were returning the money after the investors threatened the scammers. The team has a very bad intention and they are feeling worried to be searched by FBI and interpol.
There's no a rug pull test, those garbage developers didn't know what they have done.

[criket]

I'm sure that's a stupid excuse given. I believe that they are under pressure from investors about the money they are taking away. with such a large number I'm sure a lot of people are sure to attack them. and of course, it will not calm them down to sleep.
although there is a refund I am sure, the project will be abandoned by their community. no more belief with ridiculous reasons like that.

[Coin_trader]

I'm sure that's a stupid excuse given. I believe that they are under pressure from investors about the money they are taking away. with such a large number I'm sure a lot of people are sure to attack them. and of course, it will not calm them down to sleep.
although there is a refund I am sure, the project will be abandoned by their community. no more belief with ridiculous reasons like that.

There’s some problem that continues and still running strong even though the owner steal investors money or abandoned the project just like what happened on Sushiswap. The only thing they need to do is to place a person who will catch all the blame then replace it with someone better and promise a too good to be true future goal.

[criket]

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There’s some problem that continues and still running strong even though the owner steal investors money or abandoned the project just like what happened on Sushiswap. The only thing they need to do is to place a person who will catch all the blame then replace it with someone better and promise a too good to be true future goal.

a full refund for joining the investor will not explain his name. But if they still want to continue with the project, I think going back and holding a compensation event that is acceptable to investors and their members is the best way to treat all the victims' disappointment a little.

[DaMut]

A trial hack? I call bullshit. Seems to me that they weren't anticipating this hack/rugpull to become such a huge news and are now afraid of getting caught. That or guilt finally caught up to them.

No dev would "test rug" their holders and kill their entire project. Just doesn't make any sense.

Another reason could be Binance had closed the BNB -> ETH ramp yesterday so maybe they were unable to convert the stolen BNB to ETH and wash them using tornado.cash or similar like any hacker would have planned to do.

exactly what I am thinking about, I heard from another source that cz or rather BNB itself confiscated the stolen money. that was why they published that story to convince their investors, as we can see BNB is the most centralized blockchain in crypto. so it is highly possible such a thing to happen.
rumor aside, the project itself has lost its credibility because of this action. I recommend you guys who participate in it to withdraw your asset as soon as possible, there is no reason for you to continue your journey on that shady path.

[BitKongy]

Jamboo or jumble or whatever you name is I don't believe this crap coming from you, what I see here is you guys knew binance exchange won't let this slide so you aren't aware of the consequences before pulling the rug and you have no choice but to surrender, a trial hack should be a bug bounty, I mean we aren't even in april yet where you can lie using April fool 🤷🏼‍♂️ God damn!

[Looper_U]

Hmm, now hackers and fake devs will start fearing binance even more, there is no room for stealing when running on BSC because you will surely try to stain binance reputation and binance team won't accept that hahahahaha, it's over for this project already because investors will be ten times more hesitant now

[DaMut]

Hmm, now hackers and fake devs will start fearing binance even more, there is no room for stealing when running on BSC because you will surely try to stain binance reputation and binance team won't accept that hahahahaha, it's over for this project already because investors will be ten times more hesitant now

and at the same time the investors will think twice or thrice before investing their money to everything related to BSC because of this high centralization.
it is like a double edged sword that hurt the wielder and the enemy at the same time.
another important thing that we also need to consider, is it fit to be called DeFi while it is heavily monitored and controlled by the parent chain?