UNKNOWN

APRIL 2021

GLOBAL

NOASWAP

DESCRIPTION OF EVENTS

"The most cutest defi exchange on #BinanceSmartChain" "Hotbit will launch NOA (NoaSwap) on April 9th, 2021"

 

"The project has been identified as being run by the same scammers responsible for SheepSwap. Please be cautious and stay vigilant." "Jigg clone. code seems ok although not timelocked. [C]ertik found its being run by the same scammers responsible for SheepSwap so likely rug."

 

"This project disappeared."

The NoaSwap was a new DeFi platform with clever marketing. This included a fake claim that their smart contract was audited.

 

In the end, the project disappeared, and may have removed some funds.

HOW COULD THIS HAVE BEEN PREVENTED?

The project was run by an anonymous team, without any audit or protection for investors.

 

Check Our Framework For Safe Secure Exchange Platforms

Sources And Further Reading

 For questions or enquiries, email info@quadrigainitiative.com.

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