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<ul><li>ZachXBT raises concerns about delayed IDO deliveries and non-transparent cap increases in De.Fi 2.0&#39;s DEFI token sale.</li><li>De.Fi 2.0&#39;s maximum raise limit for its DEFI token sale has been quietly increased multiple times, raising questions about the team&#39;s motives.</li><li>The sleuth advises investors to exercise due diligence and scrutinize the facts surrounding De.Fi 2.0&#39;s DEFI token sale.</li></ul>Blockchain investigator ZachXBT has recently <a href="https://x.com/zachxbt/status/1719069626120757347?s&#61;20" rel="noopener noreferrer nofollow">sounded an alarm</a> for investors, urging caution regarding the ongoing token sale of De.Fi 2.0&#39;s native DEFI token. De.Fi 2.0 is known for its web3 SuperApp and the introduction of the first crypto-antivirus scanner.The project conducted its initial DEX offering (IDO) in February 2022. According to Crunch Base, DeDotFi, the entity behind De.Fi 2.0 has <a href="https://www.crunchbase.com/organization/defiyield-app" rel="noopener noreferrer nofollow">garnered</a> $1.1 million in funding from significant backers like Huobi Ventures and OKX Blockchain Ventures.ZachXBT, who gained recognition for <a href="https://twitter.com/zachxbt/status/1717176615300472964?ref_src&#61;twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1717176615300472964%7Ctwgr%5Efb46c799899faa282cd276ad6c926f289ee2ee8f%7Ctwcon%5Es1_&amp;ref_url&#61;https%3A%2F%2Fmilkroad.com%2Fnews%2Fzachxbt-uncovers-scammer-involved-in-4-5m-worth-of-17-sim-swap-scams%2F" rel="noopener noreferrer nofollow">exposing a scam</a> involving $4.5 million and 17 SIM swaps, has raised several red flags about De.Fi 2.0. He emphasized that contributors from the initial IDO have yet to receive their DEFI tokens despite the considerable time that has elapsed. ZachXBT also criticized the project for increasing its maximum raise limit multiple times, describing the moves as &#34;non-transparent.&#34; The cap, initially set at $1 million, has been discreetly raised to $3 million.In addition to these concerns, <a href="https://cryptotale.org/13-3m-lost-in-54-sim-swap-attacks-over-4-months-sleuth-exposes/" rel="noopener noreferrer nofollow">ZachXBT</a> highlighted the speculative nature of promotional posts from various influencers. These posts suggest that DEFI could achieve &#34;massive 10-100X gains,&#34; a claim that ZachXBT argues lacks objective analysis. De.Fi 2.0 had previously <a href="https://medium.com/&#64;ImBeforeCrypto/defi-airdrop-is-confirmed-3-of-total-supply-reserved-for-de-fi-eea4c9bd07c2" rel="noopener noreferrer nofollow">announced</a> plans to launch its DEFI token in 2023, reserving 3% of the total supply for early adopters and supporters. ZachXBT&#39;s warnings serve as a timely reminder for investors to scrutinize the project carefully, emphasizing the need for due diligence over hype.Read full article at<a href="https://cryptotale.org/zachxbt-sounds-alarm-on-de-fi-2-0s-defi-token-sale-urges-investor-caution/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

ZachXBT Sounds Alarm on De.Fi 2.0's DEFI Token Sale: Urges Investor Caution

CryptoTale

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