The fraudulent OracleBNB project siphoned off 34 BNB, valued at approximately $43,000, in just 11 minutes, according to a report by GoPlus. The project, which falsely claimed a partnership with Four.meme, manipulated its market capitalization to over $3 million before executing a pump-and-dump scheme. The Twitter account behind OracleBNB, which had gained credibility by being followed by notable crypto influencers, has since been deleted, and the associated tokens have lost all value. Four.meme has denied any involvement with OracleBNB.
Fraudulent OracleBNB Project Siphons $43,000 in 11 Minutes
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