
ID:
polybutterfly-337
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Polygon
Protocol
Scams
Extended Method:
Rug Pull
Days in Operation:
10
(0.03 Years)





100 pts each
On June 5, 2021, PolyButterfly, a decentralized financial protocol based on Polygon, disappeared. Its website has been closed, and its Twitter account and Telegram chat history have been deleted. Before this mysterious disappearance, it was revealed that the PolyButterfly code had a dangerous backdoor that allowed the product team to remove customer liquidity. According to RugDoc, the scammers stole more than 600 ether, or more than $1,500,000.
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