Warning on Potential Exit Scam by Sorta Finance on Arbitrum
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According to @zachxbt, Sorta Finance is likely to execute an exit scam on the Arbitrum network. The scammer behind Sorta Finance has a history of stealing over $25 million through previous scams including Magnate, Kokomo, Lendora, Solfire, Crolend, and HashDAO. Traders are advised to avoid using this protocol.
SourceZachXBT
@zachxbtZachXBT is an Pseudonymous independent on-chain sleuth who is popular on revealing bad actors and scams in the crypto space