On November 17, CertiK Skynet monitored that the price of the $YES project plummeted by more than 99%. After investigation by the CertiK security team, it was confirmed that the project was an exit scam project.
The scam has made around $1.5 million so far. It is known that the project has neither a social account nor an official website.
The token deployer began minting $YES tokens back in August, sending the entire token supply to two wallet addresses, subsequently distributing tokens to four external accounts, and selling tokens. Proceeds from the scam are currently held in two wallets in BUSD.