THE $150M HACK and HatchDAO Exit Scam

Get 25 usdt

Best Crypto Exchange – 0,08% Fees

So thankful that CEXs are evolving and protecting users. The decentralized ecosystem needs to come along a ways, as this HatchDAO / TrustSwap incident makes clear.

Let me know your thoughts in the comments section below.

✅Follow EllioTrades on Twitter: https://www.twitter.com/elliotrades
✅Join my telegram to chat with me directly: https://t.me/elliotradescrypto

FOR EXPERIENCED TRADERS ONLY!!
🔳 Join PrimeXBT Platform ►► https://u.primexbt.com/EllioTradesGet a 50% BONUS with Code: EllioTrades
🔳 Get $140 FREE BONUS when making your first deposit on Phemex ►► https://phemex.com/register?group=589&referralCode=BRS9N

Timestamps:
0:00 Intro
1:58 KuCoin Hack Explained
7:00 HatchDAO Exit Fiasco
16:20 My Opinion
22:00 Final Thoughts

#Crypto #Altcoins #Bitcoin

DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR!

THE $150M HACK and HatchDAO Exit Scam

StormGain Review

………………………………………………………………………………………………………………………………………………………………………………………………………..

Created by Sara Bauer and Richard Abermann

32 comments

  1. Full respect to Jeff. Still keen as can be for TRUSTSWAP. Also great to see a hack bring together exchanges for team effort. Haters and cherry pickers that are unable to contribute to the space, will still hate for their own insecurity. Great clip, thank you.

  2. I think trustswap is a great project but they need to complete their product as a whole then start to vet projects

  3. AVERY GOOD START WITH TRINITYHACKS247.COM 🙏
    With a 🚘and a 🏠
    Die ganze Familie war heute überrascht, als sie mein Auto sehen 🏠

  4. Great job having your finger on the pulse of this ever changing and fast moving ecosystem. Always great getting that “bell” notification.

  5. The Goal should be to reduce tue risk to a minimun, so layers of security should be made. This trustswap is one more part of it.

  6. GemSwap had an exit scam yesterday. Over 1 million stolen during a migration swap….rogue dev sent the funds to yCurve.

  7. its kind of amazing the amount of people that seem to want to rely on trustswap to vet projects for them. if you chad into something without your own research thats on you

  8. Thank you for this objective look and constructive criticism. We take it to heart, and appreciate it immensely.

    We agree that we need to do more diligence with our social media, and we are currently updating our branding and messaging to be more accurate and explicit representations of what our software provides. We want to make sure messaging and expectations match the services.

    We certainly are moving very fast, and that comes with tradeoffs and learning experiences as you’ve highlighted.
    We’ve taken note of this experience and feedback and are currently altering our course and improving our internal processes based on what many people, yourself included have highlighted.

    Appreciate the way this video was laid out to show all sides immensely.
    We are actively revamping and improving to make sure this does not repeat.

    – Jeff

  9. My grandpa always told me “any company that has the word “trust” in their name, they are not trustworthy at all”

  10. They all the same binance and even his shill crypto.com had exchange flaws this week where u could sell eth for 1m then they froze the whole exchange

  11. Very professional response, well done Jeff. I’m sure TrustSwap will be better for this moving forward with that attitude, and investors (and the market just generally) will appreciate it. 🙂

  12. trustswap what are your thoughts of chromia (CHR) 30 x or more? Great relational data platform with infinite scalability

  13. Couldn’t agree more with CorporalPoon… especially after I have seen your tweet about the days of being “rugged” is about to over

Leave a Reply

Your email address will not be published. Required fields are marked *