A New Scam Scheme has Been Reported on Reddit

A New Scam Scheme has Been Reported on Reddit
  1. A con job that includes individuals publishing a thread in arbitrary subreddits is now active.
  2. The con artists request a connection to the user`s Metamask wallets.
  3.  It is very important to stay away from deals that seem too good to be true.

A recent report that was published on the Reddit page provides evidence that a con job that includes individuals publishing a thread in arbitrary subreddits is now active. Specifically, the post on Reddit states that a [Brand] is providing free NFTs to the first [same quantity to give away, e.g. 700] persons who respond to the giveaway. They then post a link where it’s like [brand].ntf.

Surprisingly, the purported con artists are providing links to their victims in which they request that they connect their wallets. In most cases, they will also request that a user provide them with Metamask wallets.

Users are encouraged not to click on the links under any circumstances and to publicly expose the content for what it is. The user suggests providing a warning to other individuals in the event that they come across the post.

It’s crucial to remember that con artists will always congregate in heavily populated areas. Scammers and bad actors are drawn to Reddit because of its popularity and characteristics like user anonymity, the capacity to establish bogus subreddits, and the ability to modify postings.

Therefore, it is very important to stay away from deals that seem too good to be true. A user is being set up for a scam if they are offered a lot of money for performing very little effort or nothing at all.

One of the most pervasive forms of online fraud hitting companies today is the use of fake profiles to trick unsuspecting customers. These cons may be costly to a company in terms of lost revenue and the trust of potential consumers.

Read Also :

Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

Other posts