Solana Scammers Are Burning Tokens from Inside User Wallets
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Scammers operating on the Solana (SOL) blockchain have found a way to exploit accounts by burning SOL tokens from user wallets. According to reports, scammers can burn tokens within a few seconds of a successful purchase.
A member of the Jupiter Core Working Group, which is based on the Solana network, highlighted the situation. In an X thread, Slorg wrote:
“Imagine you swap for a token and the wallet history confirms that you received it. But then you look inside and nothing shows up.”
Slorg explained that a Jupiter Community Member experienced this and reached out for help. An investigation via the Solscan explorer platform revealed that a burn transaction occurred “only 7 seconds” after the swap. This indicates that the swap was successfully completed, but tokens were burned right after.
Solana’s Permanent Delegate Feature
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