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This DeFi app based on Ethereum just stole $12 million from its users

This DeFi app based on Ethereum just stole $12 million from its users | CryptoSlate

The Ethereum decentralized finance (DeFi) space was just hit with a “rug pull,” with unknown developer(s) dragging in $12 million in what seems to be the biggest ostensible scam in recent weeks. Here is that story. Late last month, anonymous developers rolled out a project called “Compounder Finance” and a native token with the ticker CP3R.