Sorta Finance Likely Planning Exit Scam on Arbitrum, Warns ZachXBT

Quick Summary:

The deployer was newly funded and the first address… pic.twitter.

The operation of these swindlers seems to be based on forking Compound V2 on various Ethereum Virtual Machine (EVM) compatible chains.

Community Alert: @Sorta_Finance is likely to exit scam on Arbitrum in the future so do not use the protocol.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: Latest News Warns Planning News Sorta Finance Arbitrum Exit scam ZachXBT

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-26 @ 14:44:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 356 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21785196

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