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Key Takeaways:
Scam tokens pretending to be affiliated with Damus have been released in large numbers.
Fake tokens released on BNB Chain and Ethereum.
The popularity of the Damus decentralized social app has led to the appearance of certain fake contracts pretending to be Damus tokens. PeckShield issued an alert today stating that 15 newly produced Damus counterfeit tokens have appeared in Ethereum Contracts and BNBChain. Apart from that, counterfeit Nostr tokens have also been observed on Ethereum.
Blockchain analysis and security platforms issue warnings to users not to fall victim to it. One of the tokens is identified by PeckShield as a honeypot. The fact that seven of them had high sales tax (100%) and the rest had lost 99% of their respective value was also noted.
Damus, a new decentralized social media platform, has recently made its way into the top ten list of free social media apps in America’s iOS app store.
#PeckShieldAlert #Damus #Scam PeckShield has detected 15 new $Damus created on #Ethereum & $BNBChain 1 of these $Damus appear to be #honeypot , 7 of which have high sales tax (100%) and 7 of which have already dropped more than -99% @damusapp DO NOT *DON’T* fall victim to it https://t.co/P3bKjUZ2ZY pic.twitter.com/l8ZajkVZvO — PeckShieldAlert (@PeckShieldAlert) February 6, 2023
Before PeckShield Damus himself had warned of the same problem. The decentralized network makes it clear that it has no tokens and will never have a future either.
Everyone who may have purchased $DAMUS tokens has undoubtedly fallen victim to a scam. Although it was not known at the time how extensive the damage had been, some people had fallen for the ruse.
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