Digital Asset
Intelligence
Security Incident

Encryption AI Rug Pull: $2.00M Reported Loss

·Historical incident record

Incident Overview

Encryption project Encryption AI (0XENCRYPT) crashed 99% as the developers behind it performed a retreat. Losing a total of $2 million, the developer released a message citing his online gambling addiction.

Sources & References

Original incident referencehttps://beincrypto.com/encryption-ai-rug-pulls-2m/ (opens in a new tab)

This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.

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