According to Foresight News, on-chain analyst ZachXBT detected that a fraud team that stole tens of millions of dollars on websites such as Magnate, Kokomo, Lendora, and Solfire recently deployed a new project, Leaper Finance, on Blast. Last week, the team funded an address on Blast with about $1 million in funds laundered from rug, and began to provide liquidity to lure users into the trap.
ZachXBT stated that over the past period of time, the fraud team has increased its TVL to more than one million US dollars, and then stole all user funds deposited in the protocol, forged KYC documents, and used low-level auditing companies. Currently, the fraud team has launched scams on platforms such as Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, and Avalanche.
