Cyber vigilante hunts down DeFi scammers running away with $25M rug pull

In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces. 

However, in an interview with Cointelegraph, an anonymous cyber vigilante shares insights into how he went about tracking down a group of decentralized finance (DeFi) scammers responsible for the $25 million StableMagnet rug pull, coordinating with police authorities and eventually having the stolen money returned back to the investors.

Read more about the case at Cointelegraph.

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Crypto Just Saw Its Largest Hack of 2023: Here’s How a Hacker Stole $200M