1. PixelPlaygroundHome
  2. Web3 News

Massive Honeypot Scams Continue to Target Investors: Lanskoy Trade Scam

• Web3 News • 128 views

According to the news, according to CertiK monitoring, the following four honeypot scams have resulted in a total of 1.3 million dollars in stolen funds. Bsc:0…

Massive Honeypot Scams Continue to Target Investors: Lanskoy Trade Scam

According to the news, according to CertiK monitoring, the following four honeypot scams have resulted in a total of 1.3 million dollars in stolen funds. Bsc:0x35E4EFa6f4f00478Cb9e391F0894f48A7A02a583； Bsc:0x81058db5c2Cf219aB8fecD850b3067d08216467D； Bsc:0xfDdac426a674856F338566d2e75388c2489FD512； Bsc:0xEE4Af49d4cd8B8Ea77875bACE4e6787d5CD11D54； These scams were promoted by a Telegram group called LanskoyTrade. This honeypot scam is also the largest honeypot scam since the Squidgame honeypot lost $5.7 million in 2021.

Security company: Telegram group named Lanskoy Trade is promoting honeypot fraud, resulting in the theft of US $1.3 million

Interpretation of the news:


Recent news from CertiK has shown that honeypot scams continue to plague the cryptocurrency ecosystem. According to their monitoring, four honeypot scams led by the Telegram group LanskoyTrade have stolen a total of 1.3 million dollars from unsuspecting investors. The scams which operated on the Binance Smart Chain were identified as 0x35E4EFa6f4f00478Cb9e391F0894f48A7A02a583, 0x81058db5c2Cf219aB8fecD850b3067d08216467D, 0xfDdac426a674856F338566d2e75388c2489FD512, and 0xEE4Af49d4cd8B8Ea77875bACE4e6787d5CD11D54.

The Lanskoy Trade scam has become the biggest honeypot scam since the Squidgame honeypot incident in 2021. This continues to show that investors need to stay vigilant when engaging with cryptocurrency projects, particularly on Telegram groups.

Honeypot scams are maneuvers used by fraudulent cryptocurrency projects to lure in unsuspecting victims who provide funds that are then stolen. The LanskoyTrade scam is the latest example of this illicit act. It attracted investors with the promise of making huge returns within a short period. However, it turns out that the scammers were only interested in stealing investor funds.

The use of Telegram groups to promote these scams has become one of the preferred methods for these scammers to get to their victims. Telegram provides a community-building platform that allows fraudulent projects to target a large group of people quickly. Unfortunately, such groups make it challenging for investors to vet projects before investing, making it easier for the scammers.

In conclusion, investors need to exercise caution when engaging with cryptocurrency projects, particularly on Telegram. With honeypot scams on the rise, it is essential to conduct thorough due diligence before investing any funds. The fact that these honeypot scams are becoming larger shows that investors need to be aware because the consequences of investing in fraudulent projects can be severe.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/711/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/16/2023 17:41
Next 02/16/2023 18:06

Recommended articles