Hack history / 2024 / Fraud
Sorta Finance
Fraud on Jul 25, 2024 · Scam
ONE SOURCE · 1 SOURCE
Lost
undisclosed
dollars at the time
Returned
none listed
as the sources state it
Rank
not ranked
collapses, frauds and later news are not ranked
What happened
According to on-chain detective ZachXBT, Sorta Finance is likely to conduct an exit scam on Arbitrum in the future, so do not use the protocol. This scammer has previously stolen over $25 million through scams such as Magnate, Kokomo, Lendora, Solfire, Crolend, and HashDAO.
Details
- Date
- Jul 25, 2024
- Kind
- Fraud
- Method
- Scam
- How in
- Insiders: rug pulls, frauds, collapses
- Target
- not stated
- Chains
- Arbitrum
Reported by
Related incidents
Cite this page
SwanBluechip, "Sorta Finance fraud, Jul 25, 2024: undisclosed lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht12a9b960ed/ (data as of 2026-11-01).