Scams & rugs

Rug pulls and fraud to avoid · 2 recent stories

Crypto Briefing· 5h

Hong Kong man loses nearly HK$18M in crypto scam that started with a YouTube ad

A Hong Kong man lost nearly HK$18 million in a cryptocurrency scam that started with a YouTube advert, according to Crypto Briefing. The article argues that increasingly sophisticated online scams call for better digital literacy and tighter regulation to protect investors.

Am I affected?1

CryptoSlate· 10h

Wallets may show dollar balances for fake USDT tokens that cannot be sold

Forta reports that some Keeper wallets displayed dollar values for 32 identified fake USDT tokens, with quotes maintained through restricted pools. Simulated outside sales of all 32 tokens failed, so the displayed balances could not be realised.

Am I affected?1