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Crypto Project Says Dev Team Was Drafted Into Iranian Military — Then Disappears
Yahoo Finance· 2026-03-05 17:05
Key Takeaways Montra claimed its entire development team was drafted into the Iranian military, forcing the project to shut down. Community members quickly labeled the incident a “creative rug pull,” alleging insiders exited before the collapse. The MONTRA token on Base plunged roughly 97%, wiping out most retail investor holdings after an $871,000 trading peak. Crypto’s long history of rug pulls rarely lacks creativity. But the collapse of Montra Finance on Base may rank among the most unusual e ...