Lendora Faces Potential "Exit Scam," Strong Ties to Multiple Fraudulent Projects Detected

On the X platform, blockchain investigator ZachXBT has posted a message indicating that the DeFi lending protocol Lendora Protocol, based on the Scroll network, may be on the verge of an “exit scam.” Users are advised to withdraw their assets immediately for the following reasons:

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

• Several users of the protocol are linked to the Kokomo and Bass Exchange exit scams.

• The protocol utilizes the same underlying security company, Vital Block, as the Magnate scam.

ZachXBT mentioned that this organization has been involved in other crypto scams, including Magnate, Solfire, Hash DAO, Kokomo, Snowflake, with a total amount involved exceeding $16.2 million.

In a subsequent update, ZachXBT noted that the Lendora Protocol website is now offline, and the project contract has been suspended. Users are strongly urged to exercise caution and take prompt action to secure their assets in such situations.