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MonkeyPoxInu Devs Run Away With $400M in Latest Exit Scam

Published 05/24/2022, 02:15 PM
Updated 05/24/2022, 02:30 PM
© Reuters.  MonkeyPoxInu Devs Run Away With $400M in Latest Exit Scam

  • MonkeyPoxInu tanked in price as developers were alleged to have run off with $400 million.
  • MPOX is a relatively new BEP-20 token that is available on PancakeSwap.
  • The event is reminiscent of Squid Game Token, another project that was rug-pulled.

MonkeyPoxInu (MPOX) developers have run away with $400 million in an apparent exit scam as the token tanked in price. According to a post by Twitter (NYSE:TWTR) handle @CryptoWhale, the token has now lost more than 99% of its initial value.

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