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Autofarm: Experienced malicious acquisition at the beginning of the year and will be shutting down the project.
2023-06-26 06:52:44
Odaily news: DeFi yield aggregator Autofarm tweeted that "earlier this year, we experienced a (malicious) takeover by new owners. And now, after some time, unfortunately, we have to say: it's all over." Meanwhile, Autofarm responded to a user's comment on that tweet, stating that the acquisition had been completed some time ago, but they discovered that the acquiring party was the same scam group that acquired Neblio and other projects. The official Telegram group of Autofarm has been closed.

In previous news, DeFi yield aggregator Autofarm raised $5 million in private funding, with no details of the funding disclosed.