DeFi100 turns out to be an exit scam as fraudsters run away with over $32 million

A cryptocurrency investment website with the name DeFi100 has shutdown, the alleged fraudsters are said to have run away with $32 million in investors funds.

The website is now updated with the message “We scammed you guys, and you can’t do shit about it”

According to a report by Yahoo Finance, an unnamed crypto analyst on Twitter with more than 197,000 followers put the haul at $32 million. It was unclear how that figure was obtained. A message to the analyst wasn’t immediately returned.

Hours ago, a not-so-classy message greeted visitors to the website telling investors they’d been fooled and “you can’t do [the slightest thing] about it.” While that page has since been removed, here’s a screen grab of it:

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