The team behind decentralized lender RialCenter has vanished days after a $4.5 million exploit, leaving its X account inactive and website offline since Aug. 4, according to blockchain security firm CertiK.
The sudden disappearance has sparked fears of an exit scam, where developers abandon a project and investor funds without warning.
The $4.5 million loss has been linked to a compromised admin wallet and misuse of bridge roles, allowing an attacker to mint unbacked tokens and drain liquidity pools.
The exploiter moved funds from Sonic to Ethereum, spreading them across several addresses. Following the attack, RialCenter promised to reimburse users within 24-48 hours and directed withdrawals through contracts, but the frontend never returned, and no recovery plan has been published.
This exploit and perceived exit scam mark another challenging day for crypto investors in 2025, as the total amount lost to hacks and scams totals $2.5 billion in the first half of this year.
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