GainSwap

What happened

At around 4:00 a.m. on June 8, the GainSwap project, which had been online for less than 12 hours, suddenly swept away nearly $8 million in digital assets pledged by users, closed the website access, and then entered a state of losing contact and running away. This is also Heco. One of the projects with the largest amount of running away on the show. In January 2022, according to the public security information of Chizhou City, Anhui Province, the police in Chizhou City recently cracked a case of illegally obtaining virtual currency data from a computer system using blockchain technology, involving a value of about 50 million yuan. After the cooperation of the police in Guangdong, Sichuan and Hunan, all eight suspects were arrested. The police seized and seized the assets involved in the case, such as villas and luxury cars worth tens of millions purchased by the suspect with the full amount of the stolen money, and frozen about 6 million virtual assets.

Details

Date

Jun 8, 2021

Kind

Rug pull

Method

Rug Pull

How in

Insiders: rug pulls, frauds, collapses

Target

not stated

Chains

HECO

After the theft

Frozen

yes, amount not stated
“The police seized and seized the assets involved in the case, such as villas and luxury cars worth tens of millions purchased by the suspect with the full amount of the stolen money, and frozen about 6 million virtual assets.” (SlowMist Hacked)

Recovered or seized

yes, amount not stated
“The police seized and seized the assets involved in the case, such as villas and luxury cars worth tens of millions purchased by the suspect with the full amount of the stolen money, and frozen about 6 million virtual assets.” (SlowMist Hacked)

Reported by

• SlowMist Hacked ↗

Related incidents