Crypto Scam Group Steals Tens Of Millions Of Dollars Across Many DeFi Platforms
Dubbed “Leaper Finance on Blast,” the group injected approximately $1 million, garnered through previous fraudulent activities, into liquidity pools. Their modus operandi involves letting Total Value Locked (TVL) soar into seven figures before absconding with users’ deposited funds
ZachXBTA crypto scam group responsible for siphoning tens of millions of dollars from platforms like Magnate, Kokomo, Lendora, and Solfire has resurfaced with a new scheme, as reported by ZachXBT.
New Crypto Scam Group Emerges
Dubbed “Leaper Finance on Blast,” the group injected approximately $1 million, garnered through previous fraudulent activities, into liquidity pools. Their modus operandi involves letting Total Value Locked (TVL) soar into seven figures before absconding with users’ deposited funds, aided by falsified KYC documents and low-tier audit firms.
Expanding their reach, the crypto scam group has launched scams across various blockchain platforms, including Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, and Avalanche. These scams, akin to traditional fraud, target unsuspecting investors, coercing them to divulge personal information or transfer digital assets to the scammers’ accounts.
