The Wild West of the blockchain frontier just got a new sheriff in town, but some varmints are already looking to exploit the wide-open spaces. A notorious group of blockchain bandits, with a history of pulling scams on platforms like Magnate, Kokomo, and Lendora, is saddling up for a fresh scheme on Blast.

These digital desperados recently laundered a cool $1 million to finance their next heist. On-chain sleuth ZachXBT tracked their loot as they moved it from a shady Ethereum saloon (linked to past swindles) to a hideout on the Polygon network. They then disguised their riches as Wrapped ETH (wETH), using shady crypto bridges like Orbiter and Bungee to hop across different blockchain territories.

Their final stop? The booming Blast platform. Here, they used their loot to buy a stack of LEAP tokens, creating the illusion of a bustling marketplace – a perfect honey trap to lure in unsuspecting investors.

But wait, there's more! ZachXBT suspects these same outlaws might be behind another project called ZebraLending on the Base platform, currently boasting a modest stash of $311K.

This gang's modus operandi is as tried-and-true as a dusty poker hand. They cook up bogus projects, luring in investors with promises of riches, only to vanish with the loot later. Their secret weapon? Fake "Know Your Customer" (KYC) documents and partnerships with crooked auditing firms to create a facade of legitimacy.

These digital bandits aren't picky about their stomping grounds. They've been spotted lurking on platforms like Base, Solana, Scroll, Optimism, Arbitrum, Ethereum, and Avalanche, showcasing their versatility and deep reach within the blockchain ecosystem.

So, how do you avoid becoming their next victim? Vigilance is key, partners! Investors need to be extra cautious, especially with new projects on platforms like Blast that involve suspicious fund movements.

Here's your six-shooter to fight back:

Check project credentials: Don't just take their word for it. Verify their qualifications and track record.

Audit with a keen eye: Not all audits are created equal. Look into the experience of the auditing firm.

Follow the money trail: Understand where your funds are going and how they're being used.

Finally, remember, there's strength in numbers. Share information with your fellow blockchain community and help each other sniff out suspicious activity. Together, we can keep these digital outlaws at bay and make the blockchain frontier a safer place for everyone.