😎 Fraud team launches new Blast project after stealing millions

According to Foresight News, the fraud team that stole millions of dollars from sites like Magnate, Kokomo, Lendora and Solfire has launched a new project on Blast called Leaper Finance. The team, overseen by network analyst ZachXBT, last week funded the address with approximately $1 million laundered from previous scams and began providing liquidity to attract users.

ZachXBT noted that recently the fraudulent team increased the total locked value (TVL) to over a million dollars and then stole all the funds deposited by users into the protocol. They also falsified Know Your Customer (KYC) documents and used low-level audit firms. Currently, the scam team has initiated scams on platforms such as Base, Solana, Scroll, Optimism, Arbitrum, Ethereum and Avalanche.

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