DeFi100, a cryptocurrency project, allegedly scammed investors of $32 million (roughly Rs. 233 crore) according to reports and tweets. However, the project has now issued a denial of the claims, although some doubt apparently remains. The reports of people behind the project running away with the money started circulating after a rather distasteful message appeared on their website on Sunday. “We scammed you guys, and you can’t do **** about it,” read the message on the DeFi100 website. Since then, DeFi100has clarified that their website was hacked and the hackers had put the message, which has been taken down now.

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