🚨 Crypto scammers have defrauded more than 42,000 victims out of over $32 million since April 2023 using a new method that has even fooled some “crypto scam detectors,” reports blockchain security company Blockfence.
- Creation of fake tokens imitating a crypto project
- Using FOMO to attract investors
- Fake maximum token limit and code change
Fraudsters mislead victims, and some scam detectors even miss and mark this token as “safe.” In total, there have been 1,300 separate cases of Ethereum scams using this pattern.
- Creation of fake tokens imitating a crypto project
- Using FOMO to attract investors
- Fake maximum token limit and code change
Fraudsters mislead victims, and some scam detectors even miss and mark this token as “safe.” In total, there have been 1,300 separate cases of Ethereum scams using this pattern.