ZachXBT: A fraud team that stole tens of millions of dollars deployed a new project, Leaper Finance, on Blast

According to on-chain analyst ZachXBT, a fraud team that used Magnate, Kokomo, Lendora, Solfire and other projects to steal tens of millions of dollars deployed a new project, Leaper Finance, on Blast. Last week, the fraud group used about $1 million laundered from Rug to fund an address on Blast and began to provide liquidity to lure users in. 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 audit companies. Currently, the fraud team has launched scams on platforms such as Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, and Avalanche.