Fraudsters use the PEPE Memecoin hysteria: report
Fraudsters use the PEPE Memecoin hysteria: report
driven by hype and hysteria, memoins developed from an obscure and bizarre niche into a huge gaming instrument that made people overnight.
PEPE is the latest sensation that has inspired the imagination of some of the most insatiable degenies in the world. This special frog theme Coin continued to rise to dizzying heights when Fomo caught the market. However, the latter is the best friend of a fraudster.
Memecoin madness
On the crypto twitter, stories are teeming about how early PEPE investors became millionaires overnight. While Pepe managed to bring about a Memecoin Renaissance, it also triggered the creation of numerous fraud toys last week.
Blockchain security company Peckshield Memecoin frauds such as Pepedoge, Pepec, Wow, Meme, Four, Newepepepe, Benz, BMW, Pop and Bobo. The authors of the reported fraud token allegedly withdrawn and raised unsuspecting investors.
fraudsters are also targeting pepe investors. The cyber security company Certik published a warning about a fraudulent PEPE website last week, which pretends to offer rewards and pointed out that the website is linked to a phishing contract.
fake accounts have also infiltrated the Memecoin Community Telegram group and posted random links to redirect users to fraudulent websites. The creators of the token have repeatedly done it The community must be conscientious before Warning to connect their wallets with suspicious pages that are supposed to offer airdrops, missions, claims, mints, raffles, giveaways etc.
Although the Memecoin was praised by the Twitter boss Elon Musk, who recently shared a meme with Pepe the Frog on his Twitter account, he triggered a number of controversy. On the one hand, the US Cryptoriese Coinbase sent an e-mail newsletter to its customers, in which he described the PEPE meme as a "hate symbol" that was captured by Alt-Right groups. A firing tower followed the criticism on Twitter and the hashtag #Deletecoinbase began to be trendy on the social media page for a short time. The newsletter has now been revised, while Paul Grewal, Chief Legal Officer from Coinbase, apologized for the misfortune. . pepe controversy
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