Polygon-Based Token Crashes to Zero in Rug Pull Scam

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Alex Dovb­nya

Drago­ma, a Poly­gon-based project, ends up being a rug pull scam 

Drago­ma, a Poly­gon-based Web3 lifestyle sports appli­ca­tion that com­bines Game­Fi and Social­Fi ele­ments, has pulled the rug on its users, accord­ing to secu­ri­ty firm PeckShield.

The native DMA token has plunged 99.8% to vir­tu­al­ly zero. Short­ly after reach­ing a new all-time high of $1.81 on Aug. 8.

Notably, the token crashed short­ly after MEXC Glob­al announced that it would list the DMA/USDT pair in its Assess­ment Zone. 

The devel­op­ers behind the sham project have delet­ed the social media chan­nels. Dragoma’s web­site is also down at the time of writing.

Peck­Shield has not­ed that the bad actors have already deposit­ed their stolen funds to cen­tral­ized exchanges.



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