ID:
tomb-finance-253
100 pts
Platform:
Type:
Category:
Method:
Data Sources:
Fantom
Protocol
Yield
Scams
Extended Method:
fake web site
Days in Operation:
531
(1.45 Years)
100 pts each
The Tomb Finance token TOMB, an algorithmic stablecoin project linked to the Fantom ecosystem and FTM, had the biggest drop of 77% yesterday, and was suspected of being attacked by the community. In this regard, Tomb Finance stated that it used to collect service fees when selling TOMB. The mechanism Gatekeeper was used by a third party, which led to panic selling, but the project was not attacked and no funds were stolen. Tomb Finance explained that the team has disabled the Gatekeeper mechanism and is currently discussing future development plans. The developers have not given up on the project's plan. Approximate loss between $8m and $10m in FANTOM token.
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