24 new fraudulent tokens appeared on the cryptocurrency market

24 new fraudulent tokens appeared on the cryptocurrency market


Over the past ten days, a series of scams took place with the launch of 24 meme tokens. Analysts warn crypto-investors, who have been tempted to make money on a total obsession with dubious cryptocurrencies, about the danger of losing all their funds, writes Noworries.news with reference to the PeckShield company.

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Analysts’ warning

In PeckShield, they say that fraudsters are massively throwing new pseudo-income tokens on the market, promising ultra-high income and the opportunity to earn through the initial placement of cryptocurrency.

According to the data of the analytical platform, during the theft, fraudsters use the scheme of pumping up the liquidity of the token with the subsequent emptying of the pool and concealment of digital traces.

As an illustrative example, PeckShield cites the situation with the SEI token — it lasted only three hours, and then it was liquidated.

Read: Musk advised investors not to buy cryptocurrencies, including Dogecoin

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Source: Ministry of Finance

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