🚨 CrediX Finance Vanishes After $4.5M Hack — Possible Exit Scam?

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The DeFi protocol CrediX Finance has gone dark following a $4.5M exploit, with all social channels and its website offline — fueling fears of an exit scam.

What Happened?

Blockchain security firms say attackers accessed multisig admin & bridge wallets six days before the hack.

They minted tokens, used them as collateral, and drained liquidity pools.

On Monday, CrediX paused its site and deposits.

Broken Promises

In a now-deleted post, CrediX claimed to have negotiated a deal for the exploiter to return funds within 48 hours.

They pledged full user reimbursement via airdrop.

Days later: all accounts deleted, team unresponsive.

Community Response

Stability DAO says it has KYC data on two CrediX team members and is preparing a legal report.

Multiple affected projects — including Sonic Labs, Euler, Beets, and Trevee — are coordinating with authorities to track and recover funds.

Collateral Damage

Trevee reports a $1.6M exposure via Stability’s metaUSD, later reduced to $700K.

Protocol paused minting of certain assets and adjusted backing prices.

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