Kokomo Finance Exit Scam: $4M Vanishes in DeFi Disaster
Kokomo Finance, a DeFi project on Binance Smart Chain, vanished with $4M in investors' funds in a suspected exit scam. The project's website and social media accounts have been deleted, and the KOKOMO token has plummeted in value.
Some investors suspect the project's developers were behind the scam.
Kokomo Finance offered a decentralized exchange, yield farming, and staking services. Investors are being urged to report any suspicious activity to authorities.
Kokomo Finance offered a decentralized exchange, yield farming, and staking services. Investors are being urged to report any suspicious activity to authorities.
