The OrdiZK protocol team is suspected of an exit scam for $1.4 million

OrdiZK developers have leaked millions of OZK tokens and deleted the project's accounts on all social networks. This was noticed by the experts of the CertiK blockchain security platform.

The OrdiZK protocol team is suspected of an exit scam for $1.4 million

According to CertiK, on March 4, the account of the protocol deployer sold 489 million OZK on the decentralized exchange (DEX) Uniswap for $132 thousand. As a result of the sale, the price of the token collapsed by 98%.

The next day, the deployer repeated the same pattern and the cost of OZK collapsed by an additional 99%.

Subsequently, the intoxicated account called the "urgent withdrawal" command (from the English emergencyWithdraw) to withdraw Ethereum (ETH) from the project. Assets in the second cryptocurrency totaling $1.4 million were in three wallets belonging to the OrdiZK team.

After suspicious transactions, all OrdiZK social media accounts were deleted. When trying to switch to the project profile in X (ex. "Twitter") a message appears stating that such a user does not exist.

Source: https://ru.beincrypto.com/ordizk-ekzit-skam/

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