Crypto Project Safereum Plunges 94% After Alleged Exit Scam
The cryptocurrency project Safereum has been accused of conducting an exit scam, with the developers allegedly dumping over 600 Ether worth of its holdings and causing the price of the Safereum token to plummet more than 94%. The scam came just hours after the team had raised approximately $600,000 for a derivative token called "Safepad." The total stolen sum is estimated to be roughly 720 ETH, worth $1.27 million at current prices. Several influencers, including ProTheDoge, have been called out for their alleged roles in promoting the project.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Optimism Plans Ethereum Pectra Upgrade for April 2025

XRP Faces Potential Price Collapse Amid Bearish Indicators

World Liberty Financial Completes $550 Million Token Sale

Ethereum’s ETH/BTC Pair Faces Potential Downturn Amid Weak Market Signals for 2025
Trending news
MoreCrypto prices
More








