Fraudulent Crew Resurfaces
Cryptocurrency investigator ZachXBT has exposed a connection between a notorious fraud crew and the new crypto project Leaper Finance. This crew has a history of orchestrating multi-million dollar scams on platforms like Mauritius, Kokomo, and Lendora.
Leaper Finance Targeted
According to ZachXBT, the same hackers have invested $1 million into Leaper Finance’s liquidity pool contracts in an attempt to manipulate the system. This raises concerns about the security and integrity of the platform.
Blockchain Money Laundering
The crew is using blockchain technology to launder stolen funds through platforms like Leaper Finance. This makes it difficult for authorities to trace and recover the stolen assets.
Crypto Fraud on the Rise
The crew’s involvement in Leaper Finance highlights the ongoing battle against cryptocurrency fraud. Cybercriminals are exploiting vulnerabilities in decentralized finance platforms to steal millions of dollars.
Investors and Regulators on Alert
Investors and regulators are monitoring the situation closely to prevent further damage to Leaper Finance and the crypto community. The rise of encrypted cryptocurrency wallets complicates efforts to combat financial crime in the digital age.
