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Blast Network’s Layer 2 Project Loses Over $1.2M in Suspected Rug Pull – CryptoPotato

Blast Network’s Layer 2 Project Loses Over $1.2M in Suspected Rug Pull – CryptoPotato

​The Blast network’s layer 2 project, RiskOnBlast, has been scrutinized due to suspicions of a potential rug pull scam surfacing. The incident has left investors reeling from significant losses estimated at around 420 Ether (ETH), equivalent to approximately $1.25 million at current market rates. Rug Pull Suspicions The incident began when community members noticed the abrupt disappearance of RiskOnBlast’s presence on social media platforms. Arkham Intelligence’s report shows that the RiskOnBlast balances were fully depleted due to fund withdrawals on February 25. Additionally, Etherscan has marked the 0x1E…C558 project’s address as a phishing scam, warning users to be cautious when engaging.…  

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