IBase/YFFS Founders Leave - Revision history

Azoundria at 21:44, 10 May 2024

2024-05-10T21:44:40Z

← Older revision		Revision as of 15:44, 10 May 2024
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	{{Case Study Under Construction}}[[File:Ibaseyffs.jpg\|thumb\|YFFS Homepage]]I was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project.		{{Case Study Under Construction}}[[File:Ibaseyffs.jpg\|thumb\|YFFS Homepage]]I was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project.

	Based on CoinGecko, it looks like $260k worth of YFFS token market cap was lost in total on the "rug pull" day. The project appears to still exist with a token price above $1, although the official website, Twitter, and Telegram group are all unusable at present.		Based on CoinGecko, it looks like $260k worth of YFFS token market cap was lost in total on the "rug pull" day. The project appears to still exist with a token price above $1, although the official website, Twitter, and Telegram group are all unusable at present.<ref name="comparitech-10032" />

	== About YFFS ==		== About YFFS ==
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	<ref name="yffsfinancetwitter-1432">[https://twitter.com/yffsfinance @yffsfinance Twitter] (Jul 10, 2021)</ref>		<ref name="yffsfinancetwitter-1432">[https://twitter.com/yffsfinance @yffsfinance Twitter] (Jul 10, 2021)</ref>
	<ref name="yffsfinancetelegram-1433">[https://t.me/yffsfinance Telegram: Contact @yffsfinance] (Jul 10, 2021)</ref>		<ref name="yffsfinancetelegram-1433">[https://t.me/yffsfinance Telegram: Contact @yffsfinance] (Jul 10, 2021)</ref>
			<ref name="comparitech-10032">[https://www.comparitech.com/crypto/cryptocurrency-scams/ Worldwide crypto & NFT rug pulls and scams tracker - Comparitech] (Dec 15, 2022)</ref>
	</references>		</references>

Azoundria: Another 30 minutes complete. All sources merged in.

2023-08-25T21:16:57Z

Another 30 minutes complete. All sources merged in.

Show changes

Azoundria at 18:41, 2 May 2023

2023-05-02T18:41:06Z

← Older revision		Revision as of 12:41, 2 May 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/ibaseyffsfoundersleave.php}}		{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/ibaseyffsfoundersleave.php}}
	{{Unattributed ~~Citations~~}}		{{Unattributed Sources}}

	[[File:Ibaseyffs.jpg\|thumb\|YFFS]]I was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project.		[[File:Ibaseyffs.jpg\|thumb\|YFFS]]I was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project.
Line 6:		Line 6:
	Based on CoinGecko, it looks like $260k worth of YFFS token market cap was lost in total on the "rug pull" day. The project appears to still exist with a token price above $1, although the official website, Twitter, and Telegram group are all unusable at present.		Based on CoinGecko, it looks like $260k worth of YFFS token market cap was lost in total on the "rug pull" day. The project appears to still exist with a token price above $1, although the official website, Twitter, and Telegram group are all unusable at present.

	This is a global/international case not involving a specific country.		This is a global/international case not involving a specific country.<ref name="coingeniusnews-1243" /><ref name="coingecko-1422" /><ref name="coinmarketcap-1423" /><ref name="cryptobuyingtips-1424" /><ref name="reddit-1425" /><ref name="yffsfinancearchive-1426" /><ref name="dcforecasts-1427" /><ref name="realcryptocurrencyhub-1428" /><ref name="dappdotcom-1429" /><ref name="reddit-1430" /><ref name="etherscan-1431" /><ref name="yffsfinancetwitter-1432" /><ref name="yffsfinancetelegram-1433" />
	<ref name="coingeniusnews-1243" /><ref name="coingecko-1422" /><ref name="coinmarketcap-1423" /><ref name="cryptobuyingtips-1424" /><ref name="reddit-1425" /><ref name="yffsfinancearchive-1426" /><ref name="dcforecasts-1427" /><ref name="realcryptocurrencyhub-1428" /><ref name="dappdotcom-1429" /><ref name="reddit-1430" /><ref name="etherscan-1431" /><ref name="yffsfinancetwitter-1432" /><ref name="yffsfinancetelegram-1433" />

	== About YFFS ==		== About YFFS ==
Line 55:		Line 54:
	!Description		!Description
	\|-		\|-
	\|December 11th, 2020 ~~12:00:00 AM~~		\|December 11th, 2020
	\|Main Event		\|Main Event
	\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
Line 63:		Line 62:
	\|		\|
	\|}		\|}

			== Technical Details ==
			This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

	== Total Amount Lost ==		== Total Amount Lost ==
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	== Ongoing Developments ==		== Ongoing Developments ==
	What parts of this case are still remaining to be concluded?		What parts of this case are still remaining to be concluded?
			== Individual Prevention Policies ==
			{{Prevention:Individuals:Placeholder}}

			{{Prevention:Individuals:End}}

			== Platform Prevention Policies ==
			{{Prevention:Platforms:Placeholder}}

			{{Prevention:Platforms:End}}

			== Regulatory Prevention Policies ==
			{{Prevention:Regulators:Placeholder}}

	== Prevention ~~Policies ==~~		{{Prevention:Regulators:End}}
	~~Which policies could have prevented this event from happening?~~

	== References ==		== References ==
	<references><ref name="coingeniusnews-1243">[https://coingenius.news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH \| CoinGenius Hosts Virtual Crypto Event] (Jun 12, 2021)</ref>		<references><ref name="coingeniusnews-1243">[https://coingenius.news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH \| CoinGenius Hosts Virtual Crypto Event] (Jun 13, 2021)</ref>

	<ref name="coingecko-1422">[https://www.coingecko.com/en/coins/yffs-finance YFFS Finance price, YFFS chart, market cap, and info \| CoinGecko] (Jun 18, 2021)</ref>		<ref name="coingecko-1422">[https://www.coingecko.com/en/coins/yffs-finance YFFS Finance price, YFFS chart, market cap, and info \| CoinGecko] (Jun 19, 2021)</ref>

	<ref name="coinmarketcap-1423">[https://coinmarketcap.com/currencies/yffs/ YFFS Finance price today, YFFS live marketcap, chart, and info \| CoinMarketCap] (Jun 18, 2021)</ref>		<ref name="coinmarketcap-1423">[https://coinmarketcap.com/currencies/yffs/ YFFS Finance price today, YFFS live marketcap, chart, and info \| CoinMarketCap] (Jun 19, 2021)</ref>

	<ref name="cryptobuyingtips-1424">[https://cryptobuyingtips.com/guides/how-to-buy-yffs-yffs logo-icon] (Jun 18, 2021)</ref>		<ref name="cryptobuyingtips-1424">[https://cryptobuyingtips.com/guides/how-to-buy-yffs-yffs logo-icon] (Jun 19, 2021)</ref>

	<ref name="reddit-1425">[https://www.reddit.com/r/YFFSfinance/comments/j230s3/what_is_yffs_finance_and_why_you_should_care/ WHAT IS YFFS FINANCE AND WHY YOU SHOULD CARE : YFFSfinance] (Jun 18, 2021)</ref>		<ref name="reddit-1425">[https://www.reddit.com/r/YFFSfinance/comments/j230s3/what_is_yffs_finance_and_why_you_should_care/ WHAT IS YFFS FINANCE AND WHY YOU SHOULD CARE : YFFSfinance] (Jun 19, 2021)</ref>

	<ref name="yffsfinancearchive-1426">[https://web.archive.org/web/20201101024033/https://yffs.finance/ YFFS] (Jun 18, 2021)</ref>		<ref name="yffsfinancearchive-1426">[https://web.archive.org/web/20201101024033/https://yffs.finance/ YFFS] (Jun 19, 2021)</ref>

	<ref name="dcforecasts-1427">[https://www.dcforecasts.com/ethereum-news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH] (Jul 9, 2021)</ref>		<ref name="dcforecasts-1427">[https://www.dcforecasts.com/ethereum-news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH] (Jul 10, 2021)</ref>

	<ref name="realcryptocurrencyhub-1428">[https://www.realcryptocurrencyhub.com/investors-track-down-scammers-who-stole-1-2-million-worth-of-digital-assets/ Investors Track Down Scammers Who Stole $1.2 Million Worth Of Digital Assets - Real Cryptocurrency Hub] (Jul 9, 2021)</ref>		<ref name="realcryptocurrencyhub-1428">[https://www.realcryptocurrencyhub.com/investors-track-down-scammers-who-stole-1-2-million-worth-of-digital-assets/ Investors Track Down Scammers Who Stole $1.2 Million Worth Of Digital Assets - Real Cryptocurrency Hub] (Jul 10, 2021)</ref>

	<ref name="dappdotcom-1429">[https://www.dapp.com/app/yffs-finance yffs.finance \| Dapp.com] (Jul 9, 2021)</ref>		<ref name="dappdotcom-1429">[https://www.dapp.com/app/yffs-finance yffs.finance \| Dapp.com] (Jul 10, 2021)</ref>

	<ref name="reddit-1430">[https://www.reddit.com/r/YFFSfinance/ YFFSfinance] (Jul 9, 2021)</ref>		<ref name="reddit-1430">[https://www.reddit.com/r/YFFSfinance/ YFFSfinance] (Jul 10, 2021)</ref>

	<ref name="etherscan-1431">[https://etherscan.io/token/0x90D702f071d2af33032943137AD0aB4280705817 $1.91 \| yffs.finance (YFFS) Token Tracker \| Etherscan] (Jul 9, 2021)</ref>		<ref name="etherscan-1431">[https://etherscan.io/token/0x90D702f071d2af33032943137AD0aB4280705817 $1.91 \| yffs.finance (YFFS) Token Tracker \| Etherscan] (Jul 10, 2021)</ref>

	<ref name="yffsfinancetwitter-1432">[https://twitter.com/yffsfinance @yffsfinance Twitter] (Jul 9, 2021)</ref>		<ref name="yffsfinancetwitter-1432">[https://twitter.com/yffsfinance @yffsfinance Twitter] (Jul 10, 2021)</ref>

	<ref name="yffsfinancetelegram-1433">[https://t.me/yffsfinance Telegram: Contact @yffsfinance] (Jul 9, 2021)</ref></references>		<ref name="yffsfinancetelegram-1433">[https://t.me/yffsfinance Telegram: Contact @yffsfinance] (Jul 10, 2021)</ref></references>

Azoundria at 17:32, 17 February 2023

2023-02-17T17:32:28Z

← Older revision		Revision as of 11:32, 17 February 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/ibaseyffsfoundersleave.php}}		{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/ibaseyffsfoundersleave.php}}
			{{Unattributed Citations}}

	[[File:Ibaseyffs.jpg\|thumb\|YFFS]]I was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project.		[[File:Ibaseyffs.jpg\|thumb\|YFFS]]I was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project.
Line 6:		Line 7:

	This is a global/international case not involving a specific country.		This is a global/international case not involving a specific country.
			<ref name="coingeniusnews-1243" /><ref name="coingecko-1422" /><ref name="coinmarketcap-1423" /><ref name="cryptobuyingtips-1424" /><ref name="reddit-1425" /><ref name="yffsfinancearchive-1426" /><ref name="dcforecasts-1427" /><ref name="realcryptocurrencyhub-1428" /><ref name="dappdotcom-1429" /><ref name="reddit-1430" /><ref name="etherscan-1431" /><ref name="yffsfinancetwitter-1432" /><ref name="yffsfinancetelegram-1433" />

	== About YFFS ==		== About YFFS ==
Line 33:		Line 35:

	Don't Include:		Don't Include:

	* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.		* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
	* Anything that wasn't reasonably knowable at the time of the event.		* Anything that wasn't reasonably knowable at the time of the event.
Line 55:		Line 56:
	\|-		\|-
	\|December 11th, 2020 12:00:00 AM		\|December 11th, 2020 12:00:00 AM
	\|~~First~~ Event		\|Main Event
	\|~~This is an expanded~~ description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
	\|-
	\|
	\|
	\|
	\|-		\|-
	\|		\|
Line 68:		Line 65:

	== Total Amount Lost ==		== Total Amount Lost ==
	The total amount lost ~~is unknown~~.		The total amount lost has been estimated at $260,000 USD.

	How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?		How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?
Line 79:		Line 76:

	== Total Amount Recovered ==		== Total Amount Recovered ==
	~~It is unknown how much was~~ recovered.		There do not appear to have been any funds recovered in this case.

	What funds were recovered? What funds were reimbursed for those affected users?		What funds were recovered? What funds were reimbursed for those affected users?
Line 87:		Line 84:

	== Prevention Policies ==		== Prevention Policies ==
			Which policies could have prevented this event from happening?

	== References ==		== References ==
	[https://coingenius.news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH \| CoinGenius Hosts Virtual Crypto Event] (Jun 12)		<references><ref name="coingeniusnews-1243">[https://coingenius.news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH \| CoinGenius Hosts Virtual Crypto Event] (Jun 12, 2021)</ref>

	[https://www.coingecko.com/en/coins/yffs-finance YFFS Finance price, YFFS chart, market cap, and info \| CoinGecko] (Jun 18)		<ref name="coingecko-1422">[https://www.coingecko.com/en/coins/yffs-finance YFFS Finance price, YFFS chart, market cap, and info \| CoinGecko] (Jun 18, 2021)</ref>

	[https://coinmarketcap.com/currencies/yffs/ YFFS Finance price today, YFFS live marketcap, chart, and info \| CoinMarketCap] (Jun 18)		<ref name="coinmarketcap-1423">[https://coinmarketcap.com/currencies/yffs/ YFFS Finance price today, YFFS live marketcap, chart, and info \| CoinMarketCap] (Jun 18, 2021)</ref>

	[https://cryptobuyingtips.com/guides/how-to-buy-yffs-yffs logo-icon] (Jun 18)		<ref name="cryptobuyingtips-1424">[https://cryptobuyingtips.com/guides/how-to-buy-yffs-yffs logo-icon] (Jun 18, 2021)</ref>

	[https://www.reddit.com/r/YFFSfinance/comments/j230s3/what_is_yffs_finance_and_why_you_should_care/ WHAT IS YFFS FINANCE AND WHY YOU SHOULD CARE : YFFSfinance] (Jun 18)		<ref name="reddit-1425">[https://www.reddit.com/r/YFFSfinance/comments/j230s3/what_is_yffs_finance_and_why_you_should_care/ WHAT IS YFFS FINANCE AND WHY YOU SHOULD CARE : YFFSfinance] (Jun 18, 2021)</ref>

	[https://web.archive.org/web/20201101024033/https://yffs.finance/ YFFS] (Jun 18)		<ref name="yffsfinancearchive-1426">[https://web.archive.org/web/20201101024033/https://yffs.finance/ YFFS] (Jun 18, 2021)</ref>

	[https://www.dcforecasts.com/ethereum-news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH] (Jul 9)		<ref name="dcforecasts-1427">[https://www.dcforecasts.com/ethereum-news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH] (Jul 9, 2021)</ref>

	[https://www.realcryptocurrencyhub.com/investors-track-down-scammers-who-stole-1-2-million-worth-of-digital-assets/ Investors Track Down Scammers Who Stole $1.2 Million Worth Of Digital Assets - Real Cryptocurrency Hub] (Jul 9)		<ref name="realcryptocurrencyhub-1428">[https://www.realcryptocurrencyhub.com/investors-track-down-scammers-who-stole-1-2-million-worth-of-digital-assets/ Investors Track Down Scammers Who Stole $1.2 Million Worth Of Digital Assets - Real Cryptocurrency Hub] (Jul 9, 2021)</ref>

	[https://www.dapp.com/app/yffs-finance yffs.finance \| Dapp.com] (Jul 9)		<ref name="dappdotcom-1429">[https://www.dapp.com/app/yffs-finance yffs.finance \| Dapp.com] (Jul 9, 2021)</ref>

	[https://www.reddit.com/r/YFFSfinance/ YFFSfinance] (Jul 9)		<ref name="reddit-1430">[https://www.reddit.com/r/YFFSfinance/ YFFSfinance] (Jul 9, 2021)</ref>

	[https://etherscan.io/token/0x90D702f071d2af33032943137AD0aB4280705817 $1.91 \| yffs.finance (YFFS) Token Tracker \| Etherscan] (Jul 9)		<ref name="etherscan-1431">[https://etherscan.io/token/0x90D702f071d2af33032943137AD0aB4280705817 $1.91 \| yffs.finance (YFFS) Token Tracker \| Etherscan] (Jul 9, 2021)</ref>

	[https://twitter.com/yffsfinance @yffsfinance Twitter] (Jul 9)		<ref name="yffsfinancetwitter-1432">[https://twitter.com/yffsfinance @yffsfinance Twitter] (Jul 9, 2021)</ref>

	[https://t.me/yffsfinance Telegram: Contact @yffsfinance] (Jul 9)		<ref name="yffsfinancetelegram-1433">[https://t.me/yffsfinance Telegram: Contact @yffsfinance] (Jul 9, 2021)</ref></references>

Azoundria: Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/ibaseyffsfoundersleave.php}} YFFSI was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project. Based on CoinGecko, it looks like $260k worth of YFFS token market cap was lost in total on the "rug pull" day. The project appears to..."

2023-01-25T19:19:43Z

Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/ibaseyffsfoundersleave.php}} thumb|YFFSI was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project. Based on CoinGecko, it looks like $260k worth of YFFS token market cap was lost in total on the "rug pull" day. The project appears to..."

New page

{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/ibaseyffsfoundersleave.php}}

[[File:Ibaseyffs.jpg|thumb|YFFS]]I was unable to find any evidence of any smart contract vulnerability being exploited by the team. It appears to be more the case that they launched and then decided to cash out and abandon the project.

Based on CoinGecko, it looks like $260k worth of YFFS token market cap was lost in total on the "rug pull" day. The project appears to still exist with a token price above $1, although the official website, Twitter, and Telegram group are all unusable at present.

This is a global/international case not involving a specific country.

== About YFFS ==
"YFFS [was] a fork of yearn.finance. Conceived in the knowledge that the DeFi sphere’s complex jargon and technology excludes many investors; YFFS’s product-rich platform is built with a focus on simplicity and accessibility – aiming to be inclusive of even the newest crypto enthusiasts. In the world of blockchain, actions speak loudest, and the consistent and impressive actions of YFFS developers demonstrate the team’s unflinching commitment to building with conviction and innovation, while being uniquely receptive to the community’s needs."

The YFFS platform had 6 features: (1) "Swap Move tokens between blockchains effortlessly without relying on a central custodian. Best new Technology in transaction — YFFS uses the latest in multi-party computing (MPC) and threshold signature cryptography (TSS) research." (2) "Hold on to your Tokens to earn rewards for each swap transaction you help to co-sign with the open-source node code. Staking your asset using the Staking portal. Anyone can become a validator on mainnet and share the non-inflationary network rewards, supporting the next wave of adoption!" (3) "APR is a table that shows you the current APR for some yearn — supported tokens across lending platforms. The highest APR for each coin is the provider that Earn is lending these coins to at the moment." (4) "A Vault takes a more active approach than simply lending out coins for the highest APY (Annual Percentage Yield). Via strategies, it can farm coins to higher profits than simple lending. Yield is achieved by providing the asset for lending, LP, or farming strategies. These are opportunities that exist in DeFi. Vaults automate these processes and provide the highest (risk-adjusted) yield available." (5) "Yearn Improvement Proposal is how features are added to the yearn ecosystem. Users start a proposal on the forum, discuss it, and gauge the sentiment of if the proposal will be accepted. If a lot of users agree with it, then it can be posted on-chain for everyone to vote on." (6) "Stake your YFFS and then you can cast your vote that is on-chain on the voting dashboard."

"The YFFS launch was fair, meaning the team didn’t start farming miles ahead of everyone else. Announced in a Medium post on September 1; the project’s planned features were outlined along with token distribution and proof of locked liquidity. The project was launched just 24 hours later, with only limited farming available and less than a day later had already seen in excess of $2,000,000 in transactions."

"While many DeFi projects have chosen not to audit, at times with disastrous consequences for investors, the YFFS team have chosen to engage professional auditors. The audit is currently ongoing and the results are eagerly awaited. It is worth noting that a number of community members have reviewed the contracts themselves and none have reported any major concerns." "DefiYield.info, a respected auditor on Twitter has also reviewed the project and code and had only positive things to say."

"The thousands of dollars worth of ETH involved iBase/YFFS is still at large." "It is worthy to note that the hundreds of thousands of dollars worth of Ethereum involved in iBase/YFFS, have yet to be returned and the scam is yet to be uncovered."

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:

* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - iBase/YFFS Founders Leave
!Date
!Event
!Description
|-
|December 11th, 2020 12:00:00 AM
|First Event
|This is an expanded description of what happened and the impact. If multiple lines are necessary, add them here.
|-
|
|
|
|-
|
|
|
|}

== Total Amount Lost ==
The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
It is unknown how much was recovered.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?

== Prevention Policies ==

== References ==
[https://coingenius.news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH | CoinGenius Hosts Virtual Crypto Event] (Jun 12)

[https://www.coingecko.com/en/coins/yffs-finance YFFS Finance price, YFFS chart, market cap, and info | CoinGecko] (Jun 18)

[https://coinmarketcap.com/currencies/yffs/ YFFS Finance price today, YFFS live marketcap, chart, and info | CoinMarketCap] (Jun 18)

[https://cryptobuyingtips.com/guides/how-to-buy-yffs-yffs logo-icon] (Jun 18)

[https://www.reddit.com/r/YFFSfinance/comments/j230s3/what_is_yffs_finance_and_why_you_should_care/ WHAT IS YFFS FINANCE AND WHY YOU SHOULD CARE : YFFSfinance] (Jun 18)

[https://web.archive.org/web/20201101024033/https://yffs.finance/ YFFS] (Jun 18)

[https://www.dcforecasts.com/ethereum-news/investors-found-rug-pull-scammers-and-returned-some-eth/ Investors Found “Rug-Pull” Scammers And Returned Some ETH] (Jul 9)

[https://www.realcryptocurrencyhub.com/investors-track-down-scammers-who-stole-1-2-million-worth-of-digital-assets/ Investors Track Down Scammers Who Stole $1.2 Million Worth Of Digital Assets - Real Cryptocurrency Hub] (Jul 9)

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[https://www.reddit.com/r/YFFSfinance/ YFFSfinance] (Jul 9)

[https://etherscan.io/token/0x90D702f071d2af33032943137AD0aB4280705817 $1.91 | yffs.finance (YFFS) Token Tracker | Etherscan] (Jul 9)

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