PeckShield has declared Freedom Protocol and Raccoon Network as scam projects.
The blockchain security firm revealed that two addresses belonging to the two protocols have moved about 20 million $BUSD to another address.
With the alarming rate of scams in the crypto industry, blockchain security company PeckShield has raised the alarm about Freedom Protocol and Raccoon Network as scams. The industry-leading blockchain security company called out the two crypto protocols in a Twitter thread, revealing their fraudulent actions. Freedom Protocol refers to itself as the highest paying auto-staking & auto-compounding protocol. The protocol says it has the hugest fixed annual percentage yield (APY) of up to 183,394.2 percent It also adds on its website that every holder of its token, $FREE, receives a reward of automatic compound interest which is paid every 15 minutes.
On the other hand, Raccoon Network is a metaverse company that allows players to build, own, and monetize their...
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