Crypto Community warns user of fake Arbitrum Airdrops

Crypto Community warns user of fake Arbitrum Airdrops

The Arbitrum Community has warned users of various fake air drops, which pretend to come from the newly launched decentralized autonomous organization (DAO) of the project.

fraudsters began to create fake arbitrum-airdrops and phishing websites after the Layer 2 scaling protocol from Ethereum announced the DAO last week, although it promised Distribut 12.57 % of the Governance token Community members on March 23, 2023.

In the explanation, the protocol said that it uses a points system to determine users entitled to claim the airdrop and the number of tokens that everyone can receive based on their performance and activities on the platform.

fake Airdrops that pretend to be an Arb-token

Since hundreds of fake arbitrum airdrops and scams are in circulation, the community of the project and some blockchain security companies warned users who want to earn free money, to be vigilant and careful with such fraudulent websites that claim to share airdrops.

in a Twitter contribution of March 19, Arbitrum News dao It identified about 273 Phishing sites related to Arbitrum since Ethereum's Layer 2 protocol announced the Airdrop distribution. According to the tweet, the number should increase before the official distribution date on Thursday.

also the crypto security startup redefine Discovered a fake website Airdrop website of Arbitrum. According to the screenshots shared by the company, the phishing site asks the users to authorize them for access to their wallets, so that the criminals can empty the victims' accounts.

also the blockchain security company certik identified A fake twitter-account named @arbitrum_launch, which is currently promoting a token-airdrop. The company then warned the users of keeping away from the account and not interacting with the airdrop.

free money

A Reddit user named Cryptomaximalist also posted a thread on the social platform warns that "fraudsters hope to capitalize on the complexity of crypto and look forward to free money".

The Redditor said that he found Twitter profiles that claimed to be "arbitrum", with links to fake websites that asked users to claim the airdrop.

Cryptomaximalist warned other redditors to always check the profile course of a user and other subreddits to find out whether they are spametting on the left via the platform.

In view of the expected increase in fraud and fake arbitrum, crypta users should be careful so that they do not lose their money to frauds like other fake crypto airdrops that have deducted thousands of dollars from victims in the past.

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