New Scam Strategy

[silent17]

Hi everyone,
I just want to tell everyone about the new scheme of the scammer to scam. especially those people who really doesn't understand much about centralized and decentralized trading platform.

I have read several people posting about arbitrage coins like for example MTV arbitrage
Please check this link as an example:
https://bitcointalk.org/index.php?topic=5050943

upon checking what they the link that they are using, you can see that they are pointing you to Forkdelta.
when you check the trading on https://forkdelta.app/#!/trade/0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff-ETH you will see a token named MTV  (Multiversum). The scammer wanted you to think that this token is the same token found on IDEX.
Because there is really a Multiversum on IDEX.

But if you analyze very carefully the MTV on forkdelta doesn't match in IDEX because of 2 factors.

1.) they have a different smart contract. on forkdelta (0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff) , on IDEX (0x07a7ed332c595b53a317afcee50733af571475e7)
2.) The have Different token extension. Forkdelta (MTV) , IDEX (eMTV)

I hope that this short analysis will help others to avoid this kind of scam.
make your analysis first before trying to buy or invest on a token.

[Koadharber]

I hope that this short analysis will help others to avoid this kind of scam.
make your analysis first before trying to buy or invest on a token.

Good catch! I have seen that arbitrage thread too but I didn't pay attention but it turns out you find something which scammers do make use of these opportunities to get some victims on buying out their token.
If you are a type of person which do have somehow investigative eyes then you will able to spot out their differences and checking out contracts will really help you out. Thanks for the share up man.

[acheampong64]

Wow, good you caught that one. It seems they're trying to get a dicey way to pump their coin and dump. I wish everyone could see this and become more careful. Staying vigilant is one of the most important feature every crypto enthusiast must have.

[ivanleon]

That is, so long without looking at the details of the contracts,you can buy a strange coin that is similar to another, but worthless. Sophisticated way, thanks for the heads-up. We need to keep our eyes peeled!

[poodle63]

Hi everyone,
I just want to tell everyone about the new scheme of the scammer to scam. especially those people who really doesn't understand much about centralized and decentralized trading platform.

I have read several people posting about arbitrage coins like for example MTV arbitrage
Please check this link as an example:
https://bitcointalk.org/index.php?topic=5050943

upon checking what they the link that they are using, you can see that they are pointing you to Forkdelta.
when you check the trading on https://forkdelta.app/#!/trade/0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff-ETH you will see a token named MTV  (Multiversum). The scammer wanted you to think that this token is the same token found on IDEX.
Because there is really a Multiversum on IDEX.

But if you analyze very carefully the MTV on forkdelta doesn't match in IDEX because of 2 factors.

1.) they have a different smart contract. on forkdelta (0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff) , on IDEX (0x07a7ed332c595b53a317afcee50733af571475e7)
2.) The have Different token extension. Forkdelta (MTV) , IDEX (eMTV)

I hope that this short analysis will help others to avoid this kind of scam.
make your analysis first before trying to buy or invest on a token.

that guys is the same person and i have seen he was always creating such a fake smartcontract address use the same ticker just like the real coin to lure people to buy that and he will be running away with all of the money. It's such a new trend and everyone has responsibility to double check the contract address or never use fork delte or ED again.

[abojamal]

Hi everyone,
I just want to tell everyone about the new scheme of the scammer to scam. especially those people who really doesn't understand much about centralized and decentralized trading platform.

I have read several people posting about arbitrage coins like for example MTV arbitrage
Please check this link as an example:
https://bitcointalk.org/index.php?topic=5050943

upon checking what they the link that they are using, you can see that they are pointing you to Forkdelta.
when you check the trading on https://forkdelta.app/#!/trade/0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff-ETH you will see a token named MTV  (Multiversum). The scammer wanted you to think that this token is the same token found on IDEX.
Because there is really a Multiversum on IDEX.

But if you analyze very carefully the MTV on forkdelta doesn't match in IDEX because of 2 factors.

1.) they have a different smart contract. on forkdelta (0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff) , on IDEX (0x07a7ed332c595b53a317afcee50733af571475e7)
2.) The have Different token extension. Forkdelta (MTV) , IDEX (eMTV)

I hope that this short analysis will help others to avoid this kind of scam.
make your analysis first before trying to buy or invest on a token.

good job
With the abundance of tokens and the similarity of their names
there is many scammers who take advantage of similar names must be cautious

[tabas]

Good job of finding this one. These scammers keeps on reinventing their scheme with different coins. They should get a life and stop fooling people with their scams. So that's what they do, they are taking advantage of it by misinforming people.

[indoagung88]

I want to say thank you very much for your great accuracy. Which has a different token extension, namely Forkdelta (MTV), IDEX (eMTV)
When this kind of thing isn't caught, of course this will be detrimental! I thank you again. This is very important and also very useful for us to know together.

[Palo05]

I want to say thank you very much mate this will be a lot of help for us . This will be a lesson for us to be much cautios

[tsaroz]

That's one of the reason why I don't prefer DEX nowadays. The problem with DEX is they give the ticker to whoever adds their coin first.
And with that what happens is same ticker is provided by different exchanges to different coins creating confusion.
Many people have complained about sending/buying one coin assuming other. The problem also exist while coin swapping. There could be a swaped token trading in one DEX while a preswap coin in other.

[angelica laura]

We find scammers again. This is only one that can be seen. There are many more like them behind. We need to be more careful in choosing a project or whatever it is. They are better given punishment so that others cannot be free to do scam like that. Like, they are broadcast to other forums so that others know that they are scammers.

[Reatim]

Good job of finding this one. These scammers keeps on reinventing their scheme with different coins. They should get a life and stop fooling people with their scams. So that's what they do, they are taking advantage of it by misinforming people.

I agree. Scammers keeps evolving as well that's why we need to be very careful and due or due diligence before succumbing to them. I hope that a lot of new members will read what the OP has exposed here to sad they won't also fall for the trap. Good catch OP.

[tabas]

Good job of finding this one. These scammers keeps on reinventing their scheme with different coins. They should get a life and stop fooling people with their scams. So that's what they do, they are taking advantage of it by misinforming people.

I agree. Scammers keeps evolving as well that's why we need to be very careful and due or due diligence before succumbing to them. I hope that a lot of new members will read what the OP has exposed here to sad they won't also fall for the trap. Good catch OP.

It won't go through most of the members so being part of the community when you see the same posts like those schemes, take the caution and warn the people immediately and be at first with that warning so no one would ever fall for that scam scheme.

[Gembul0705]

Wow i dont realize if there is will be new strategy like that. Now scammers doing anythink to catch everyone, they offer that how to make big profit that everyone will accept they suggestiom. I hope all member will read this thread and they will be carefully and doing some research before do everything

[warrior.coins22]

Such posts are very good and useful, of course to add insight and experience to us all. How important it is to be careful in a process, at least by reading the pieces you share. I will be more careful. Thank you very much. It's really very useful so that we don't become victims of a scam.

[Adunni6758]

I have also seen several of this repeat itself. The perpetrators, perhaps just one person, has been creating so many new accounts. Some of the accounts were banned. We really need to be very careful and be vigilant. Those looking for cheap things can easily fall victim.
It is a good thing you have brought this to the notice of forum members for extra caution. Scammers are devising different means through which they can scam their victims. We just need to be careful.

[bisdak40]

But if you analyze very carefully the MTV on forkdelta doesn't match in IDEX because of 2 factors.

1.) they have a different smart contract. on forkdelta (0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff) , on IDEX (0x07a7ed332c595b53a317afcee50733af571475e7)
2.) The have Different token extension. Forkdelta (MTV) , IDEX (eMTV)

These two factors ^^ are enough for you to spot if that is the same token or not and it should be the basic distinguishing factor one should have in mind if they want to know if that token is same or not. Still a good catch and this should remind the community about this modus.

[gefander]

Criminals,  have created so many new accounts. We really need to be very careful and vigilant.
In most cases, I have noticed that the scammers are stupid and their deception is immediately visible. But it is very difficult to catch them, so just be vigilant, do not succumb to provocations because of greed, invest with a cold head. Always type in Google the name and the word SCAM. Carefully study what people write about them.

[CryptoBry]

Good thing that there are good people like you who is able to catch these bad people on their bad business of victimizing people. I was once a victim of hacking with the old technique using the Slack site and I was then ignorant at that time I never doubted that message supposedly from Slack to change something with my MEW wallet and then to my shock I horribly lost many tokens at the end.

These criminals can get to be creative and they are always ahead of the curve in creating many ways they can get into people and get what they want. We really have to careful unfortunately there are days when getting careful may not be enough. There must be something we can do against this thing that is putting a big black eye to the cryptocurrency and blockchain industry.

[awazieik]

Hi everyone,
I just want to tell everyone about the new scheme of the scammer to scam. especially those people who really doesn't understand much about centralized and decentralized trading platform.

I have read several people posting about arbitrage coins like for example MTV arbitrage
Please check this link as an example:
https://bitcointalk.org/index.php?topic=5050943

upon checking what they the link that they are using, you can see that they are pointing you to Forkdelta.
when you check the trading on https://forkdelta.app/#!/trade/0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff-ETH you will see a token named MTV  (Multiversum). The scammer wanted you to think that this token is the same token found on IDEX.
Because there is really a Multiversum on IDEX.

But if you analyze very carefully the MTV on forkdelta doesn't match in IDEX because of 2 factors.

1.) they have a different smart contract. on forkdelta (0xcd53c76b8a350b7f9815d6ddc4617bf37c7288ff) , on IDEX (0x07a7ed332c595b53a317afcee50733af571475e7)
2.) The have Different token extension. Forkdelta (MTV) , IDEX (eMTV)

I hope that this short analysis will help others to avoid this kind of scam.
make your analysis first before trying to buy or invest on a token.

Thanks so much for this information. As you know that it is becoming difficult to keep up with the practices of these Scammers which is why i am happy that a solution has been developed to resolve these issues.

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