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TechFlow reports, according to Beosin Alert monitoring, the deployer address of Magnate Finance is linked to previous Rug Pull incidents involving Solfire and Kokomo Finance.
On January 23, 2022, Solfire executed a Rug Pull, stealing $4.8 million;
On March 27, 2023, Kokomo Finance carried out a Rug Pull, stealing $5.5 million.
With the latest Magnate Finance Rug Pull incident, this scammer has stolen a total of $16.7 million.
The deployer address of Magnate Finance is linked to Solfire and Kokomo Finance, both of which previously carried out Rug Pulls. On January 23, 2022, Solfire executed a Rug Pull, stealing $4.8 million; on March 27, 2023, Kokomo Finance conducted a Rug Pull, stealing $5.5 million. Including the latest Magnate Finance Rug Pull incident, the scammer has stolen a total of $16.7 million.
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