ZachXBT: Magnate Finance Deployer Address Directly Linked to Solfire Exit Scam

2023/08/25 04:05

According to on-chain detective ZachXBT's tweet, the Base ecosystem lending protocol Magnate Finance may soon experience an exit scam due to its deployer address being directly linked to the Solfire exit scam, as pointed out by the community. Currently, its TVL exceeds 6.4 million US dollars. In addition, SlowMist has received similar user reports and advises users to pay attention to fund safety.
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