ZachXBT: Sorta Finance or exit scam occurs, it is recommended not to use this protocol
2024-07-25 12:09:02
ZachXBT posted on the X platform that Sorta Finance or exit scam, it is recommended not to use the protocol, it is reported that the relevant fraudsters have previously used Magnate, Kokomo, Lendora, Solfire, Crolend, HashDAO and other scams to steal over 25 million dollars of funds, the protocol works by forking Compound V2 on various EVM chains, it is reported that once the protocol TVL reaches a sufficient amount, they will suspend withdrawals/borrowings and restrict all users.
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