The Harvest Keeper decentralized finance (DeFi) platform has reportedly conducted a rug pull a scam on its users, stealing nearly $1 million worth of crypto assets.
Barely one month after launching what it claimed to be an innovative artificial intelligence-based (AI) DeFi platform that eliminates the human factor from crypto trading, Harvest Keeper has orchestrated a rug pull.
It has been confirmed that the Harvest Keeper project is a complete scam, as its creators have drained large chunks of users’ assets.
The funds in the Harvest Keeper smart contract were drained via a privileged “getAmount” function that saw about $709,000 USDT transferred to an EOA 0x027c8 address controlled by the attackers, with another $219,000 stolen through ice phishing transactions across the Binance Smart Chain (BSC), Ethereum and Polygon blockchains
For those who are unaware, ice phishing attacks are attacks whereby a bad actor tricks an unsuspecting user into ignorantly signing permissions to enable them to spend the victim’s digital assets.
Global crypto, and NFT rug pulls and scams tracker, a total of 544 rug pulls and scams have been recorded so far in the web 3 space, amounting to over $26 billion.