ZachXBT: Scam group that stole tens of millions of dollars deploys new project Leaper Finance on Blast

TechFlow reports, according to on-chain analyst ZachXBT, that a scam group which stole tens of millions of dollars from websites such as Magnate, Kokomo, Lendora, and Solfire has deployed a new project called Leaper Finance on Blast.

Last week, this scam group funded an address on Blast with approximately $1 million previously laundered from prior rug pulls and began providing liquidity to lure users. ZachXBT stated that over the past period, the scam group increased its TVL to over one million dollars before stealing all user funds deposited into the protocol, fabricating KYC documents, and using low-tier audit firms.

Currently, this scam group has launched scams across platforms including Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, and Avalanche.