- "Belt Finance loses millions in latest BSC-based DeFi exploit", Cointelegraph
- "Belt", Rekt
- " SEC Charges U.S. Promoters of $2 Billion Global Crypto Lending Securities Offering", U.S. Securities and Exchange Commission
- SEC v. BitConnect
Rumors swirl around what actually happened with DeFi100: a rug pull, or a simple website defacement?
The theft appeared to have been enabled by someone who had access to the project's admin key, and was able to change the token owner to an address where they then minted and withdrew tokens, amounting to a $7.6 million theft.