News

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.

Read CRYPTONEWSLAND on google news

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 :

Godfrey Mwirigi

Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.

Recent Posts

Tether Leverages Holepunch Tech for New P2P Financial Terminal

#Tether develops a #P2P financial terminal using #Holepunch tech to enhance market stability and decentralize…

18 mins ago

Ethereum Eyes Breakthrough: Can It Overcome Key Resistance at $3,200?

#Ethereum bulls charge ahead! Bullish signals abound, but market volatility looms. Will #ETH break resistance…

33 mins ago

Binance Labs Backs Magic Square in Expanding IDO Access

#Binance Labs supports Magic Square's new #IDOplatform focusing on equitable #Web3 investment access.#MagicSquare

4 hours ago

XRP Spot Trading Volume Surges 40% in Q1 2024 Amid SEC Dispute

Q1 2024: #XRP spot trading volumes soared 40% to $865M, showcasing resilience amid ongoing SEC…

8 hours ago

Tether’s $1 Billion Boost: How It’s Driving Bitcoin to $73,000 Heights

🚀 Tether's $1B Boost Propels Bitcoin to $73K! 📈 What's Driving the Surge? Find out…

8 hours ago

Vitalik Buterin Champions Open Internet Through Blockchain

#Ethereum's #VitalikButerin focuses on innovations like PeerDAS, Verkle Tree, & lowering MEV to enhance #blockchain…

8 hours ago