ZachXBT issues potential exit scam alert for Lendora Protocol on Scroll
Previous rug pull survivor and anonymous blockchain sleuth ZachXBT shared an alert on Nov. 14 of a possible exit scam for Lendora Protocol, a decentralized lending platform on Scroll. As part of the warning, ZachXBT urges users to withdraw their assets from the protocol immediately. A look into Lendora The investigation revealed that approximately $83,000 received by the Lendora Team multisig is linked to the Kokomo exit scam, raising suspicions about the legitimacy of the project. At the same time, other users of the Lendora Protocol were found to have connections to both the Kokomo and Bass Exchange exit scams. Update: The website is now offline and they paused the contracts pic.twitter.com/uWmsi73C44 — ZachXBT (@zachxbt) November 14, 2023 Furthermore, it has been discovered that the same bottom-tier security firm, Vital Block, was employed for both the Lendora Magnate scam and their previous project, Magnate. This group, responsible for various scams, including Solfire...