SudoRare developers reap $815,000 from rug pulling project

This increase in DeFi-related hacks and fraud demonstrate a clear uptrend in DeFi-related crime, as further demonstrated in the chart below. CipherTrace analysts found that attacks on DeFi made up more than 60% of the major hack and theft volume in 2021 and 47% of the major fraud and misappropriation. By the end of April…