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2026-07-10 00:08:53 UTC

Blockchain Report on Nostr: On-chain analyst Specter has raised concerns regarding potential fraud and a rug pull ...

On-chain analyst Specter has raised concerns regarding potential fraud and a rug pull risk associated with the BNB Chain ecosystem project CodexField. According to Specter's findings, CodexField has accumulated over $85 million in funds. Recent analysis revealed that addresses linked to CodexField transferred approximately 17.3 million USDT from TRON to Ethereum. These funds were subsequently swapped for DAI on Bitget Swap via Polygon. While roughly $6.5 million has been transferred, an additional $10.8 million remains pending. Specter's report indicates that the originating funds can be traced back to CodexField's deposit contract. The movement of these funds across multiple blockchains and through various intermediary addresses before reaching centralized exchanges suggests anomalous activity. The analyst urges the BNB Chain community and Binance CEO Changpeng Zhao (CZ) to investigate these fund flows. Until the project team provides a transparent explanation, users are advised to exercise caution.

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