Safereum 'Exit Scam' Results in a Loss of $1.27 Million After Raising $600,000 in Fundraising

Safereum, a cryptocurrency project, experienced a massive exit scam after raising $600,000 in fundraising. The developers unlocked the token supply and dumped over 600 Ethereum, resulting in a loss of approximately $1.27 million. The funds were distributed through various wallets, making it difficult to track. The Safereum account on Twitter has also been deleted