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.
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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.
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