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@ OpenMonero.com
2025-03-01 13:37:25
Nothing would stop the Haveno network operators from making automated fake orders if the money pool gets big enough. The Haveno pot gets bigger with each new offer, while more offers on OpenMonero don’t necessarily mean more XMR in the pot since vendors only need to put down a security deposit of 0.35 XMR to list as many offers as they want. So, you could see 1,000 offers from different vendors on OpenMonero, but the admin might only hold 350 XMR (1,000 offers x 0.35xmr) in custody because of how self-custodial trade funding works.
It’s also worth mentioning that a decent exit scam usually needs to involve at least 1 million dollars; no one’s going to pull an exit scam for just 80k (1,000 offers x 0.35 XMR x 231 USD). OpenMonero was redesigned in Nov 2024 to help prevent exit scams from happening in the first place.
#haveno #monero #rugpull #scam #hacking #opsec #xmr #retoswap
Reference: https://rl.bloat.cat/r/Monero/comments/1h4icot/is_haveno_anymore_secure_than_trading_with_a/