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Bitcoinist 2023-03-27 09:10:24

Kokomo Finance Pulls Exit Scam, Takes $4 Million In Investor Funds With It

The deployer of Kokomo Finance, a non-custodial lending protocol on Optimism and Arbitrum, which are popular layer-2 platforms on Ethereum, has rugged users of $4 million. Kokomo Finance Exit Scams, Stealing $4 Million CertiK, a blockchain security firm, tweeted on March 26 that Kokomo Finance exited the protocol and stole $4 million in user funds.

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