The Scroll stablecoin project, Essence Finance, is suspected of a Rug Pull
The Scroll stablecoin project, Essence Finance, is suspected of having a Rug Pull. The stablecoin CHI has dropped 93.94% to $0.06 in the past 6 hours, and it's suspected that over $20 million worth of collateral has been removed. The last tweet from their official account was on September 11th.
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Gray-scale transfer of 700 BTC to untagged addresses, or about $67.94 million
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