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Security Incident

Encryption AI Rug Pull: $2.00M Reported Loss

·Historical incident record

Encryption project Encryption AI (0XENCRYPT) crashed 99% as the developers behind it performed a retreat.

Reported loss
$ 2,000,000
Attack category
Rug Pull

Incident Overview

Losing a total of $2 million, the developer released a message citing his online gambling addiction.

Sources & References

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.