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 <p class="is-style-lead">In an Oct. 8 post on X, Certik, a security-focused ranking platform, reported an exit scam on zkFlex Finance after charts show a 100% in the project’s value.</p>
 <p>Alongside this announcement, the project’s social media accounts and websites have also been removed.</p>
 <h2 class="wp-block-heading" id="deleted-accounts">Deleted accounts</h2>
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    <p lang="en" dir="ltr">#CertiKSkynetAlert <br><br>We are seeing an exit scam on @zkFlexFinance<br><br>ETH:0x54855D3133669B7EF54A2c962F5f63fdb44bBaE9<br><br>Which has dropped 100%<br><br>The project's socials and sites have been deleted.<br><br>0x84f90 has dumped tokens for a profit of ~$56k<br><br>Stay vigilant!https://t.co/m7xQb6DQO6</p>— CertiK Alert (@CertiKAlert) October 8, 2023
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 <p>As part of the announcement, two addresses were noted as being part of the alleged exist scam, including address 0x84f90, which had sold tokens, making an approximate profit of $56,000.&nbsp;</p>
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   X Profile | Source: X
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 <p>The project’s accounts, including its X profile,&nbsp;website&nbsp;and&nbsp;medium account, have since been removed.</p>
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> The darknet’s Reddit clone makes exit scams harder
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 <p>zkFlex Finance was said to promote DeFi innovation with liquidity rewards, lending and ecosystem support as a P2P order book exchange that focused on security and scalability.</p>
 <h2 class="wp-block-heading" id="exit-scams-remain-an-issue">Exit scams remain an issue</h2>
 <p>Exit scams continue to make headlines, with&nbsp;an announcement&nbsp;in March that Optimism was also believed to be responsible for an exit scam in which $4 million in user funds were reported stolen, following which the websites and social media accounts associated with the firm were also taken down.</p>
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   <noscript><iframe title="New Scams to Watch Out For in 2023" width="1020" height="574" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/jxTsI5XvM-c?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
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 <p>That being said, data from&nbsp;Chain<a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>&nbsp;has shown that it isn’t exit scams that are top of mind but rather ransom attackers, which are becoming a persistent issue.</p>
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  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Mutant Ape Planet NFTs creator arrested and charged with fraud over $2.9m exit scam
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/certik-alert-reports-zkflex-finance-exit-scam-tbt65691.html">https://thebittimes.com/certik-alert-reports-zkflex-finance-exit-scam-tbt65691.html</a></p>

CertiK Alert reports zkFlex Finance exit scam

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