Fintoch
A DeFi platform that falsely claimed backing by Morgan Stanley and used a paid actor as a fictitious 'CEO' while promising 1% daily returns. In May 2023 it exit-scammed roughly $31.6M, with on-chain investigator ZachXBT tracing funds bridged to Tron and Ethereum.
Also known as: Fintoch, Morgan DF Fintoch
Summary
Fintoch (also "Morgan DF Fintoch") was a purported decentralized-finance investment platform that promised about 1% daily returns and falsely claimed to be owned by the investment bank Morgan Stanley. Reporting found its named CEO, "Bob Lambert," did not exist and was represented by a paid actor. [1][2]
Exit scam
On May 22, 2023, on-chain investigator ZachXBT reported that about $31.6 million in USDT had been bridged from BNB Chain to multiple addresses on Tron and Ethereum as users found they could no longer withdraw — an apparent exit scam. Morgan Stanley publicly denied any affiliation, and the Monetary Authority of Singapore had earlier placed Fintoch on its investor alert list. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Sources (2)
- Project takes off with $31.6M in alleged exit scam — Cointelegraph
- Explained: The Fintoch Rug Pull (May 2023) — Halborn
See also
World Liberty Financial (WLFI) — Justin Sun token freezeProjectsWLFI, a DeFi project linked to Donald Trump and his family, blacklisted/froze the wallet of major investor Justin Sun in Sept 2025 — ~540–595M unlocked WLFI tokens (~$107M) plus ~2.4B locked. Sun sued, alleging an undisclosed admin 'blacklist backdoor'; WLFI denied it and threatened a countersuit. The dispute is ongoing.
Gala Games exploitTokensOn May 20, 2024 an attacker abused a privileged minter account on the GALA token contract to mint 5 billion GALA (≈$200M+ nominal) and dumped ~600M of them for ~$22M of ETH before Gala froze the address. Gala Games called it an internal access-control failure; the attacker later returned the ~$22M.
This page was last updated on Jun 15, 2026. View revision history.
