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

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...

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