Optimism: Protocol Kokomo Finance initiates exit scam, all you need to know

Kokomo Finance initiated an exit scam, causing $4 million in losses. Optimism network’s TVL showed a slight downtrend, possibly impacted by the exit scam. Not long after Euler Finance’s hack, the DeFi community was hit with another blow when Kokomo, a protocol on the Optimism [OP] network, initiated what appears to be an exit scam. […]