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Why Did 97% of DeFi Users Lose Their Assets to a Silent System?
I watched the chain as it unfolded—not just a theft, but a quiet unraveling of trust. On May 16, a user lost $3.2M not to hackers, but to the illusion of ownership itself. The tokens didn’t vanish; they migrated—across chains, into Tornado Cash, like ghosts slipping through firewalls. This isn't about losing crypto. It’s about realizing we never owned it at all. I write this at 3 a.m., alone in my North Beach apartment, wondering if freedom was ever real—or just another smart contract waiting to be audited.
Research Hub
defi security
torno cash
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1 month ago
Singapore Police Arrest 23-Year-Old Crypto Scammer in $1M Exit Scheme – A Cautionary Tale for DeFi Investors
A 23-year-old man was arrested at Singapore's Woodlands Checkpoint attempting to flee after allegedly scamming a woman out of $1 million in a cryptocurrency investment scheme. As a seasoned crypto analyst, I break down how banks flagged suspicious transactions, why DeFi investors must stay vigilant, and the red flags this case exposes in 'too-good-to-be-true' crypto promises. Learn how to protect your digital assets from similar exit scams.
Research Hub
crypto scam
singapore police
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2025-7-19 11:49:58