According to on-chain detective ZachXBT, a notorious group previously involved in blockchain frauds across various platforms is now initiating new projects on the Blast platform. The group, which has orchestrated multi-million dollar scams on platforms such as Magnate, Kokomo, and Lendora, has recently transferred approximately $1 million in laundered funds to an address on Blast to fund new fraudulent activities.
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
— ZachXBT (@zachxbt) April 14, 2024
Tracking the Transfer of Laundered Funds
The process of transferring these funds has been meticulously tracked by researchers. Initially, the funds were moved from an Ethereum address linked to previous scams to another address on th
We współpracy z: https://coingape.com/blast-platform-used-by-fraudsters-to-launch-projects-report/
