PANews reported on July 3 that the Meme project BorpaToken announced on the X platform that it had terminated its cooperation with Entangle and had completed snapshots of Solana, Ethereum, Base, BNB Chain, and Arbitrum a few hours ago; BORPA tokens will be migrated to new smart contracts to completely separate from EntangleFi. Holders of snapshot records will be migrated in the next few days. Please note that BORPA tokens are now worthless.

Previously, in a post on June 30 about "BorpaToken's X account was stolen", Entangle said that BorpaToken was a Meme token project developed by its team. However, BorpaToken's official X account later stated that its X account was stolen because an intern unfortunately clicked on a link that looked legitimate but was actually a phishing website.