🚨 Bad news: Solidus Labs detected 500+ fraudulent tokens on Coinbase's Layer 2 blockchain BASE! 😱 These fake tokens include 300 tokens that give their creators the ability to mint unlimited coins and 60 tokens that prevent buyers from reselling on the exchange. 📉

These scam tokens on BASE generated approximately $3.7 million in trading volume and $2 million in earnings for the scammers. ⚠️ Be careful and approach tokens on the BASE network with caution! 🧐