The creators of the DeFi project Bantiample on the Binance Smart Chain went into hiding, appropriating 3,000 BNB
The Bantiample DeFi project team carried out an exit scam, appropriating 3,000 BNB ($ 82,000). This is evidenced by data in the blockchain and user observations on social networks.. This is likely the first such scam on the recently launched Binance Smart Chain..Bantiample was introduced on September 15 and positioned as an alternative to the DeFi project Antiample (XAMP), based on the Ethereum blockchain.
“Bantiample is a BEP20 token on the Binance Smart Chain. Like many ERC20 tokens, Bantiample has an ever-decreasing supply. Bantiample holders earn a share of the total supply of tokens, not the amount in Bantiample itself. When the value of 1 Bantiample goes down, the supply goes down by at least 1%. In theory, this leads to each Bantiample becoming more valuable. While Antiample is constantly killing the proposal, Bantiample is doing the same, but on the BSC, ”says the project description.
In reality, Bantiample did not have the declared functions in its contract, only claiming to be similar to the popular DeFi projects in the Ethereum ecosystem to attract investors..
To date, the Twitter accounts of the lead developer Bantiample and the project itself have been deleted. Bantiample's own token depreciated by more than 90% in one day.
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