The messaging app Telegram is witnessing an increase within the variety of Toncoin (TON) ecosystem-focused scams, in line with a report by blockchain reporter Colin Wu.
Citing the blockchain safety agency SlowMist, Wu says that there are at present “many phishing assaults” occurring within the ecosystem of the layer-1 blockchain aided by Telegram.
“Many phishing hyperlinks (or bots) are unfold by way of teams, utilizing pretend airdrops and different strategies to hack property in customers’ TON wallets, particularly Nameless Telegram Numbers. Many individuals use it to create Telegram accounts, and whether it is stolen, it signifies that the corresponding Telegram account might also be stolen until a separate password is enabled.”
Moreover the phishing scams, cybersecurity agency Kaspersky in April highlighted a Toncoin-focused pyramid scheme being performed on Telegram.
“Scammers promote a ‘super-secret superior bot’ and referral hyperlinks as the important thing to incomes Toncoin. In brief: you make investments your cash, purchase ‘booster’ tariffs, invite associates, and earn fee from each coin invested. The pyramid scheme incentivizes bigger investments with the promise of upper returns.
In line with our information, this rip-off has been energetic since at the least November 2023 – focusing on each Russians and customers from different international locations…
…The scammers promise earnings from two sources:
– A hard and fast cost of 25 TON for every invited good friend.
– Fee based mostly on the booster tariff bought by your referrals.
It seems to be a basic pyramid scheme, the place every participant is ‘a companion moderately than a freeloader’. Sadly, no one income besides the scammers, and all ‘companions’ lose their investments.”
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