Scroll Ecosystem Stablecoin CHI Suspected Rug Pull As Price Crashes 98%

In a riveting turn of events, Scroll ecosystem’s stablecoin project Essence Finance raised substantial investor concerns across the broader market on Saturday amid rugpull speculations. Notably, the project is suspected of being rug pull as its stablecoin, CHI, witnessed a phenomenal price crash of 98%. Further, with millions in collateral removed from the project recently, The post Scroll Ecosystem Stablecoin CHI Suspected Rug Pull As Price Crashes 98% appeared first on CoinGape .

Source: CoinGape