Meerkat Finance Rug Pull Confirmed on BSC
- DeFi
- DeFi Protocol
Meerkat Finance drains $31 million from users on Binance Smart Chain within 24 hours of launch. The Yearn Finance fork exploited community trust before vanishing with funds. CT labels it a classic rug and warns against copycat DeFi projects.
Incident Details
- Type
- RUG PULL
- Funds Lost
- $31M
- Status
- Total loss
project team disappeared, funds never recovered