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ZachXBT: The lending protocol Lendora Protocol is closely related to multiple crypto scams, and users are advised to withdraw their assets immediately

ZachXBT: The lending protocol Lendora Protocol is closely related to multiple crypto scams, and users are advised to withdraw their assets immediately

CointimeCointime2023/11/15 00:12
By:Cointime

On November 15th, on-chain detective ZachXBT stated on his social media platform that the lending protocol Lendora Protocol based on the Scroll network may face an "exit scam." Users are advised to withdraw their assets immediately. The reasons are as follows:

1. The Lendora team's multi-signature received $83,000 from the Kokomo exit scam;

2. Several users of the protocol are related to the Kokomo and Bass Exchange exit scams;

3. The underlying security company Vital Block used by Lendora is the same as the Magnate scam.

ZachXBT also stated that the organization has also led other cryptocurrency scams, such as Magnate, Solfire, Hash DAO, Kokomo, Snowflake, etc., with a total amount involved of more than $16.2 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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