Cryptocurrency [loss] $708,000

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2022-08-24 [vendor] PokemonFi [chain] bsc
Primary Source ↗
Financial Loss $708,000 (708,000 USD)
Blockchain(s) Bsc

Incident Details

It’s not much compared to at least three separate crypto Pokémon ripoffs since February that have each taken millions, but apparently the love of Pokémon still drew people in to the tune of $708,000.One might think the blatant rip-off of the Pokémon IP (which belongs to a notoriously litigious company) might have been a red flag, but nevertheless, people bought in to PokémonFi — a play-to-earn game that seems like a much worse version of the original thing.The project and tokens first launched in April. After apparently running off with the money, the project deleted its Twitter account, though its website remained live.

Total loss estimated at $708,000.

Technical Details

Vendor / Product
PokemonFi

Timeline

  1. 2022-08-24 Breach occurred
  2. 2022-08-24 Publicly disclosed