Blast-based Leaper Finance flagged as expert cites nearly $1 million bait

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Cryptocurrencies News

Ethereum

Renowned on-chain detective ZachXBT has flagged Leaper Finance, a new project on Layer 2 (L2) network Blast.

ZachXBT has flagged Leaper Finance, alleging project heads are associated with previous rugs. On-chain detective associates them with stolen funds on Magnate, Kokomo, Lendora, and Solfire, among others. Reportedly, scammers let TVL grow significantly before rugging, with projects running on Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, and Avalanche. Renowned on-chain detective ZachXBT has flagged Leaper Finance, a new project on Layer 2 network Blast.

Also Read: BlastL2 backed protocol, Risk, rugs 500 ETH amid shoddy due diligence in project onboarding On-chain detective flags Leaper Finance ZachXBT has called community attention to a new project on Blast L2, Leaper Finance, saying, “The group of scammers who stole 8 figs with Magnate, Kokomo, Lendora, Solfire, etc is back…” Community Alert: The group of scammers who stole 8 figs with Magnate, Kokomo, Lendora, Solfire, etc is back with a new project on Blast @Leaperfinance Last week they...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

$26 million in 'unnecessary liquidations' hit Blast-based lender Pac FinanceAn Aave fork on Blast unexpectedly updated its liquidation threshold, causing a large swatch of liquidations.
Source: TheBlock__ - 🏆 464. / 53 Read more »