- #Scam Sniffer monitoring has exposed 186 fraudulent tokens created on Uniswap in the last two months, falsely involving 2,657 addresses for exchange.
- #Scammers have employed sophisticated techniques to generate numerous illegitimate tokens on Uniswap.
- These scammers impersonate legitimate address holders, tricking unsuspecting users into their fraudulent activities.
- With a rise in scam incidents, #market participants should exercise extreme caution during token exchanges.
- Users are advised to conduct thorough research and validate the legitimacy of tokens and addresses before engaging, safeguarding themselves from potential losses.
- The #crypto #community should collaborate to raise awareness and counter the escalating threat posed by scammers.
