2,600% growth in counterfeit Metamsk tokens; What is the matter?

Some users have reported that after buying a token with the symbol “MASK”, they have realized that they can not sell it. The fake token, which some thought was linked to a possible overdraft of the Metamsk wallet, has risen 2,600 percent in the past 24 hours.

To Report Crypto Potito For some time now, rumors have been circulating on Twitter about the AirDrop token governing the Metamsk wallet. Fraudsters also seem to have taken advantage of this opportunity and have so far been able to trap hundreds of users.

Metamsk is the most popular insecure wallet for atrium tokens and has played an important role in the culmination of DeFi in the summer of 2020.

Many decentralized projects did the same after Uni Swap introduced its government tokens.

At the moment, users are speculating that Metamsk is planning to do an airdrop, and many seem to believe that the snapshot of this airdrop is going to be done in the few days left until the beginning of the New Year.

A snapshot is the specific time or date at which the inventory and activity of addresses associated with an AirDrop are recorded. If the address meets the conditions for participating in AirDrop while taking a Snapshot, it can continue to receive its share of the set amount.

At the moment, however, all this talk is just rumor and speculation, as Metamsk has not officially confirmed this; This is where scammers come in.

Someone recently created a fake token with the symbol “MASK” and since yesterday has placed it for trading in a decentralized exchange office. Unfortunately, users soon found the token. 390 addresses bought the counterfeit Metamsk token, bringing its trading volume to more than $ 9 million. Now, however, this amount has dropped dramatically.

A Twitter user said that after the total value of the purchased tokens reached one million dollars, it became clear that no user could sell their inventory anymore. The scammers, like their token liquidation phase, in which they operated through the Tornado.cash platform, may have used the same program to cash in on victims’ funds.

A tornado is a program that can be used to perform anonymous transactions on the Atrium network; Without anyone knowing the source address of the transaction. It is worth mentioning that several users have reported this scam so far.