The trade

Exit scam

A market or a trusted vendor takes the escrow balance and disappears. The recurring end state of criminal platforms, and the reason escrow and reputation systems exist at all.

Why it matters to you

An exit scam scatters a market's population into successor venues within days. Monitoring tuned to one forum goes blind at exactly the moment everyone moves.

Where we meet it

The days around an exit scam are unusually loud: accusations, receipts and old deals get posted in public as people try to recover money. It is one of the few moments this trade documents itself.

Where this term stops being vocabulary

Dragnet is where you watch it happen to you

Knowing the word is the cheap half. The platform is the half where the term arrives attached to your domain, with a timestamp and the source it came from.