Scroll Ecosystem Stablecoin Project Essence Finance Suspected of Rug Pull
On October 26th, according to WuBlockchain, the stablecoin project Essence Finance within the Scroll ecosystem is suspected of a Rug Pull. Its stablecoin CHI has dropped over 92% in the past 24 hours to $0.077, and over $20 million in collateral is suspected to have been removed. The last tweet was posted on September 11th. The project's audit report comes from FEI Protocol V2.
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