ZachXBT exposed a group of scammers specializing in "rug pulling" the community
💠 ZachXBT has published its investigation into Leaper Finance, a lending protocol on Layer 2 Blast. According to analysis, the Leaper Finance development team is also the organization behind many recent rug pull cases including Magnate (6.5 million USD), Kokomo (4 million USD), Solfire (4.8 million USD), Glori Finance and Lendora.
➡️ ZachXBT said: “This fraud group often fakes KYC documents and uses low-level auditing units, waiting until the TVL reaches 7 figures before stealing money. They have launched scams across blockchains such as Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, Avalanche, etc.
➡️ In the latest move, the criminal group invested nearly 1 million USD (money from previous scams) to a Leaper Finance wallet address, to increase liquidity and attract new prey.
⚙️ The scammers' tricks are extremely sophisticated, please be very careful, we are only at the beginning of the wave.
♾ Discussion at Coin Addiction 💵
💠 ZachXBT has published its investigation into Leaper Finance, a lending protocol on Layer 2 Blast. According to analysis, the Leaper Finance development team is also the organization behind many recent rug pull cases including Magnate (6.5 million USD), Kokomo (4 million USD), Solfire (4.8 million USD), Glori Finance and Lendora.
➡️ ZachXBT said: “This fraud group often fakes KYC documents and uses low-level auditing units, waiting until the TVL reaches 7 figures before stealing money. They have launched scams across blockchains such as Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, Avalanche, etc.
➡️ In the latest move, the criminal group invested nearly 1 million USD (money from previous scams) to a Leaper Finance wallet address, to increase liquidity and attract new prey.
⚙️ The scammers' tricks are extremely sophisticated, please be very careful, we are only at the beginning of the wave.
♾ Discussion at Coin Addiction 💵