The team behind the Decentralized Credix lender has disappeared days after an exploit of $ 4.5 million, leaving its inactive X account and the website offline since August 4, according to Blockchain Certik’s security firm.
The sudden disappearance has caused fears of an exit scam, which is when developers leave a project and investor funds without prior notice.
The loss of $ 4.5 million has been linked to a compromised administrator wallet and the abuse of bridge roles, which allowed an attacker to not backed by mint and exhaust the liquidity pools.
The exploiter moved Sonic to Ethereum funds, parking them in a handful of addresses. In the hours after the attack, Credix promised to reimburse users within 24-48 hours and directed the withdrawals through contracts, but the front never returned and no recovery plan has been published.
The exploit and perceived exit scam is another difficult day for cryptographic investors in 2025, with the total amount lost in hacks and scams for a total of $ 2.5 billion in the first half of this year.
