Rug Pulled on Users as DeFi Project Meerkat Finance Disappears Along with $31 Million
However, it is speculated that instead of a hack, the Meerkat Finance team has pulled the rug. According to on-chain data, the original Meerkat deployer’s account was used to alter the smart contract that contains the project’s vault business logic, which means either the project did so itself or its private key was compromised.
Adding to the exit scam suspicions is the disappearance of Meerkat's Twitter profile and website.
Binance Smart Chain is a little bit centralized, but apparently not enough to return these funds.