Have you ever received a token that suddenly came in but didn't know if it was a fraudulent token or not? You can read here to find out.
It cannot be denied that since the beginning of the emergence of cryptocurrency, these fraudulent tokens often suddenly enter our wallets after we make transactions on dex. Not a few people know that in the end their assets always disappear without realizing it.
And the names of the tokens are almost the same as familiar tokens or those in the top 100 on the exchange.
The following is an example of a fraudulent token
Above is the cheater token that recently entered my wallet. Let's take a look at its features.
The name of this token is almost the same as the tokens in circulation or tokens that we once owned, but if we look closely, this Contract address is very different from the original one in circulation. For example, AI-A is the original token on the Arbitrum network but this fraudster uses the network on BSC. If we are not careful and swap the tokens, all our assets will be lost.
Token value sucked. You can see above that the value is quite large, namely over $1000. Yes, this is done by fraudsters so that the victim is tempted and swaps the token.
The token entered itself even though we never participated in any program or project.
What should be done when these tokens come in?
Just leave it alone because as long as there is no interaction with the token, such as swapping or sending our wallet, it will be safe.
What happens if the swap has already been swapped and the assets are lost?
We can revoke or delete everything connected to that wallet. You can check how to revoke it in my article pin.
So in the future, if a token suddenly comes in, you have to check it first. If there are characteristics like the ones above, it's better to just leave it alone.