Welcome Avatar! You know we’re getting to the second half of the bear market when crime picks up. About 6 months we mentioned that this would be a hallmark of the bear market. It happened in 2022 as well. Suddenly when it’s much harder to make money off random coins going up 10x (organized PnDs) crime shows up. Funny how that works.
Before people panic, this isn’t the end of DeFi. Far from it. The negative event will be forgotten about and too many heavy hands will keep things running. Just another ugly day in crypto.