Analyst: BNB Chain ecosystem project CodexField suspected of fraud and rug pull risk

CoinFeed July 10 news, on-chain analyst Specter posted a community alert on the X platform, suspecting fraud and rug pull risk in the BNB Chain ecosystem project CodexField. The project, with official support from BNB Chain, has raised over $85 million. Specter tracked and found that the project wallet began transferring 17.3 million USDT from Tron across-chain to Ethereum, then swapped it for DAI via Bitget Swap and moved it to Polygon, with $6.5 million having been transferred so far, and the remaining $10.8 million still pending. The project operates two domains and four subdomains for user deposits, and Blocksec MetaSuites marked the deposit contract as "Fake CodexField", but on-chain evidence shows the contract is controlled by the project team itself.