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Fake Worldcoin tokens spread just after launch

Fake Worldcoin tokens spread just after launch

Multiple Fake Worldcoin Tokens Detected by PeckShield

Blockchain security firm PeckShield has recently discovered multiple fake Worldcoin tokens in circulation. Here are the main key points:

– PeckShield identified two fake Worldcoin tokens on the Ethereum network.
– One of the fake tokens experienced a 100% price drop, indicating its suspicious nature and posing risks to investors.
– The deployer address 0x477aF2, which was involved with SimpleSwap and MEXC, funded the fake Worldcoin with 161.6 ETH from the MEXC exchange.
– This discovery highlights a potential connection between fake tokens and illicit activities on cryptocurrency exchanges.

– PeckShield also found another fraudulent Worldcoin token called “$WLD.” It was deployed shortly before the official Worldcoin launch, aiming to take advantage of the excitement surrounding it.
– The deployer address of this fake token received a single ETH from the crypto platform Rollbit.
– On July 24, the genuine Worldcoin (WLD) was officially launched and is already listed on major platforms like Binance and Gate.io.

Hot Take

These discoveries of fake Worldcoin tokens show the importance of thorough research and caution when investing in cryptocurrencies. As the crypto market continues to grow, scams and fraudulent activities will also increase. It is crucial for crypto readers to stay updated on the latest security measures and be wary of suspicious tokens. Only invest in well-established and trusted projects to minimize risks.

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Fake Worldcoin tokens spread just after launch