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Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth

Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth

Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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