Hack history / 2020 / Fraud
DeTrade Fund
Fraud on Dec 14, 2020 · Scam
ONE SOURCE · 1 SOURCE
Lost
$1.2M
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked
What happened
According to reports, DeTrade Fund was the biggest scam on Friday, the platform allowing any user to profit by putting money into its arbitrage system and defrauding more than 1,400 ETH raised in a pre-sale. Twitter user Artura discovered that DeTrade Fund is actually run by a Lithuanian. Shortly after Artura’s tweet, the scam’s affiliate addresses distributed hundreds of ETH to presale participants, returning around 65-70% of the initial stolen funds.
Details
- Date
- Dec 14, 2020
- Kind
- Fraud
- Method
- Scam
- How in
- Insiders: rug pulls, frauds, collapses
- Target
- not stated
- Chains
- Ethereum
Reported by
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Cite this page
SwanBluechip, "DeTrade Fund fraud, Dec 14, 2020: $1.2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/htbaba74bc6c/ (data as of 2026-11-01).