Blast

Solana

Base

ZachXBT

Polygon

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-scammers-target-blast-network-users/" data-wpel-link="internal">Crypto Scammers Target Blast Network Users</a><br></p>
<p style="text-align: justify">Scammers are present in all areas of life, and they are also trying to trap victims in the world of cryptocurrencies. The difficult-to-understand structure of cryptocurrencies and their high volatility are pushing risk-hungry victims into traps. Now, it seems that one group of crypto scammers is after a new scheme.</p> 
<h2 style="text-align: justify" id="crypto-scammers-active-on-blast-network">Crypto Scammers Active on Blast Network</h2> 
<p style="text-align: justify">A group, famous for their scams on platforms such as Magnate, Kokomo, and Lendora, is now implementing a new plan on the <strong>Blast</strong> network. In their previous ventures, the team launched many projects in a short time, reaching significant Total Value Locked (TVL). The activity, detected by <strong><a href="https://coin-turk.com/investgame-2021deki-yatirim-miktarini-acikladi-blockchain-oyunlarina-ilgi-buyuyor" data-wpel-link="internal">Blockchain</a></strong> detective ZachXBT, signals that investors should be vigilant.</p> 
<p style="text-align: justify">The proceeds from the scam were initially moved from an <a href="https://coin-turk.com/ethereum-buyuk-sirketleri-geride-birakti" data-wpel-link="internal">Ethereum</a> address to a different address on the <a href="https://en.coin-turk.com/polygon-matic-and-base-competition-current-status-and-winner/" data-wpel-link="internal">Polygon</a> network. Subsequently, the assets were converted into Wrapped ETH (wETH) and sent across multiple blockchains via blockchain bridges such as Orbiter, Bungee, and others.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-340117 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/kripto-para-dolandiricilari.png" alt="" width="717" height="613"></p> 
<p style="text-align: justify">The scammers, who purchased LEAP tokens with the assets moved from the Blast network, increased liquidity in what appears to be another trap for unsuspecting victims. ZachXBT suspects that this team is also behind another project known as ZebraLending on the Base platform. The project on the Base network has a total locked value of $311,000.</p> 
<h2 style="text-align: justify" id="crypto-scammers-operations">Crypto Scammers’ Operations</h2> 
<p style="text-align: justify">This scam group, closely monitored by crypto detective ZachXBT, has implemented similar scenarios across many networks including Base, Solana, Scroll, Optimism, Arbitrum, <a href="https://en.coin-turk.com/proshares-announces-the-launch-of-ethereum-etf-product/" data-wpel-link="internal">Ethereum</a>, and <a href="https://en.coin-turk.com/avalanche-networks-upcoming-developments-and-token-unlock-event/" data-wpel-link="internal">Avalanche</a>. The team, working with companies lax in code auditing and obtaining superficial audit reports, can thus assure their victims of the reliability of their protocols.</p> 
<p style="text-align: justify">Investors should be particularly cautious of such scam groups flourishing on hyped networks. A recent report mentioned that half of the presales launched on the Solana network were scams.</p> 
<p style="text-align: justify">Before the expected launch of a new network at the end of this month, Blast reached a TVL of $2.1 billion. These new networks, which attract intense interest from <strong><a href="https://coin-turk.com/guney-afrika-mb-yeni-kripto-para-regulasyonlari-getirecek" data-wpel-link="internal">crypto investors</a></strong>, are experiencing rapid TVL growth, but a significant portion of the protocols on the network are initiated by individuals with malicious intent.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/crypto-scammers-target-blast-network-users/" data-wpel-link="internal">Crypto Scammers Target Blast Network Users</a></h5>

Crypto Scammers Target Blast Network Users

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