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lending protocol

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Kokomo Finance, a new lending protocol that recently launched on Optimism, is facing accusations of rug-pulling its users and resulting in a loss of $4 million just two days after going live. The alleged incident has raised concerns about the risks associated with decentralized finance (DeFi) and the need for greater transparency and security measures. Newly-Launched Lending Protocol on Optimism Faces Accusations of Fraud The Kokomo Finance platform, which operates as an open-source and non-custodial…