Analyst flags CodexField over suspected $85M rug pull
The post Analyst flags CodexField over suspected $85M rug pull appeared on BitcoinEthereumNews.com. Blockchain analyst Specter flagged that CodexField may be engaging in a rug pull scheme. More than $85 million in user funds has been tracked through a series of wallets on several blockchains through this investigation. In a Tweet dated July 9, Specter mentions that in his investigation, he discovered CodexField’s deposit contract (0x9E6A75b546B65E7B9D34E2c9aB8Fe224B9aA52AA) along with wallets that have recently brought $17.3 million worth of USDT from the TRON blockchain to Ethereum before the funds were then swapped for DAI on Polygon through Bitget Swap. Of the $17.3 million, $10.8 million has still not reached its destination, while $6.5 million has been successfully transferred. Inside the CodexField probe Specter raised concerns over the deposit arrangement used by the project, claiming that its multiple official CodexField domain addresses all led to the same deposit contract. Ac