Monero "DEX" Wagyu.xyz has Rugpulled It's official: The…
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Monero "DEX" Wagyu.xyz has Rugpulled
It's official: The so-called Monero "DEX" (which was in reality very centralized), has officially rugged its users. XMR1 swap routes have been down for more than a week and the founder who went by "Perpetual Cow" has completely vanished.
This is another reminder that Monero cannot be bought through a real DEX. Building one is nearly impossible without on-chain confirmations, which means third party risk has always been assumed in from day one. Wagyu knew this and still called itself a DEX, even ran marketing around a fake $2M swap video.
#cryptocurrency
It's official: The so-called Monero "DEX" (which was in reality very centralized), has officially rugged its users. XMR1 swap routes have been down for more than a week and the founder who went by "Perpetual Cow" has completely vanished.
This is another reminder that Monero cannot be bought through a real DEX. Building one is nearly impossible without on-chain confirmations, which means third party risk has always been assumed in from day one. Wagyu knew this and still called itself a DEX, even ran marketing around a fake $2M swap video.
#cryptocurrency
| 4,000 mlx | |
| 15 | |
| 0 |