Onchain detective ZachXBT discovered a group of scammers trying to attract new victims through the DeFi-protocol of Leaper Finance liquidity in the Blast L2 network.
Community Alert: The group of scammers who stole 8 figs with Magnate, Kokomo, Lendora, Solfire, etc is back with a new project on Blast @Leaperfinance
Last week they funded an address on Blast with ~$1M of laundered funds from the previous rugs and have begun adding liquidity… pic.twitter.com/yqRKvZuuye
According to the analysis, the attackers were behind several rug pull projects, including Magnate ($6.4 million), Kokomo ($4 million), Solfire ($4.8 million) and Lendora.
"They falsified KYC documents and used low-level audit firms. Now they have launched a scam on Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, Avalanche and so on," ZachXBT noted.
It is assumed that the group is also responsible for fraud on Hash DAO, Glori Finance and ZebraDAO. Losses from the group's activities are estimated at more than $20 million.
As part of the latest scam, they financed the Leaper Finance address on the Blast network using almost $1 million received and laundered during previous incidents, which added additional liquidity to lure victims.
After the investigation was published, the Leaper Finance account responded to ZachXBT.
Update: Scammer started trolling before deactivating both Leaper Finance & Glori Finance X accounts.
All three websites for the projects mentioned are now offline as well. pic.twitter.com/Az1TLZDmMq
"Good job! My comrades from the [North Korean hacker group] Lazarus Group are afraid, but admire you," the message says.
In the same post, the protocol announced the launch of the token. However, the Leaper Finance website and accounts were later deactivated.
Recall, according to Blockaid, about 50% of projects on the Solana network that used the token distribution model through presales turned out to be fraudulent.
In March, the administration of the Incognito Market darknet marketplace allegedly committed an exit scam with the theft of "millions" in bitcoins and Monero.