Essence Finance’s stablecoin, CHI, experiences a dramatic 98% price drop, raising fraud concerns like a rug pull. Massive withdrawals of millions have sparked panic among investors.
Essence Finance's stablecoin CHI fell 98% in value on Oct. 26, triggering rug pull accusations after $20 million collateral reportedly vanished.
Scroll ecosystem's stablecoin CHI crashes 98%, sparking investor concerns and rug pull suspicions, with millions removed from collateral.
Essence Finance's CHI stablecoin collapsed 92% to $0.077, with allegations of a rug pull as $20 million in collateral reportedly disappeared. The project hasn't communicated since September 11, raising investor concerns.
Essence Finance is suspected of a rug pull as its CHI token plummets 92% in 24 hours, with over $20 million reportedly withdrawn. The last project update was on September 11.
