馃毃WATCH OUT FOR THIS CRYPTO SCAM馃毃

The post at the very bottom of this one talks about a scam that has been going around in the crypto space for quite some time now.

Basically someone (a scammer) asks you for help withdrawing their funds out of their account and they have you withdraw the funds into your account and then send it back to them typically through another transaction method. A lot of times the person will offer you a reward if you do it like 5% of the transacted funds for example.

Now this may sound fine but this is very much a scam. The scam part comes in once you send the person their money back, more specifically when you pay the transaction fee. The transaction fee is just a small amount of Ethereum (0.001 - 0.05 ETH depending on the amount transacted), but the scammer uses a script to make that transaction charge you over and over again with all the extra ETH going to the scammer. This transaction keeps repeating until you run out of ETH.

The post below goes into much more detail about this scam if you want to read more.

MAKE SURE YOU WATCH OUT FOR THIS SCAM

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