DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Security Cryptonews

Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam

Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam. Magnate Finance, which holds $6.4 million in Total Locked Value, has ties with...

38 /100
Market signal

Archive context

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

Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam
Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam. 
Magnate Finance, which holds $6.4 million in Total Locked Value, has ties with other financial exit scams. 
Blockchain analyst ZachXBT also warned of a likely exit scam by Mangate Finance given the deployers address is directly linked to the Solfire $4.8M exit scam. ...
Read More: Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam

Why this matters

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

Original source

Read on Cryptonews

Related market context