The team behind the decentralized lender Credix disappeared a few days after an exploit of $ 4.5 million, leaving its inactive X account and the offline website since August 4, according to the Blockchain Security Company, Certik.
The sudden disappearance aroused fears of an exit scam, that is to say when the developers abandon a project and the investors finance without warning.
The loss of $ 4.5 million was linked to a compromised administration portfolio and roles of bridges abuse, which allowed an attacker to hit the tokens without dosage and to drain the liquidity pools.
The operator moved Sonic’s funds to Ethereum, parking them on a handful of addresses. In the hours that followed the attack, CREDIX promised to repay users within 24 to 48 hours and led withdrawals through contracts, but the front has never returned and no recovery plan has been published.
The exploit and the perceived exit scam marks another difficult day for cryptographic investors in 2025, the total amount lost against hacks and scams totaling $ 2.5 billion in the first half of this year.
