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Author Topic: Don't fall for this YFI / YFII Telegram scam!  (Read 278 times)
Stedsm (OP)
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September 01, 2020, 07:30:01 PM
Merited by CryptopreneurBrainboss (1), ImThour (1)
 #1

Disclaimer: Please don't click any links under greed, else you'll be responsible for your loss. I'm sharing this just to make you aware of their scam, that's it.

I've been into an airdrops based group that gives me updates whenever a new airdrop is up.

Quote
Yearn Finance Airdrop ! limited time ! 💰Yearn.finance is a
🔗 Airdrop ; FirstCome First Serve Limited 50 YFI

1 YFI token Price 15000$

Task ✅ Wallet Address ✅ Mandatory ♻

📊 Distribution Sept. 05

per join 0.05 YFI token for free ! 💵
0.0001 YFI per referral !
complete the giving tasks ! 🖥️

✋ Specific wallet YFI Only.
🌀 Open Trust Wallet " Search YFI fine the blue icon ➡ Received copy.

( More Option ➡  Open Binance Account ➡  Deposit ➡ YFI  Copy Address

⚒ Distribution Sep. 05 ⚔
💰 Your Reward will be distribute Soon.

Don't Miss .click here now :   https://t.me/yearnfinance_bot?start=r04364419620

This is what I received in that group, I thought to check this out as I smelled some scam.

Everything was good, until they, in their group, started asking to send Eth and get back double the Eth.

Now, the shittiest part here, as you already know that gas fee is too high in the Eth network specifically for DeFi protocol, what these guys threw in the bot was hilarious! They sent me this:

Quote
1 SET YOUR WALLET
2 CHECK YOUR WALLET
3 SEND GAS FEE TO WITHDRAW 🦄

Then, when I gave my address, they showed me this:

Quote
yearn.finance (YFI):
🦄 My ETH Address
💹 Distribute in 09/03/2020
⛽ Send 0.005 Ethereum  to process your withdrawal.

0x0FBdbB563b1e951129D25b8CB13BD11219294865

◾ Users who caught taking only proof of others will be permanently banned

◾ Your Screen Shot of Deposit or Transaction hash 📸

TBH, I can clearly say these mofos are none from YFI's team and you won't get anything once you send them the Eth, so just don't fall for this! Wink

And the same shit is inside YFII's channel too but I'm not going to share it. Just don't fall for these coins, they're worth so high that it's common sense nobody would give them for free.

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September 01, 2020, 07:51:56 PM
 #2

besides those two projects, I also found people who spread other Y Series token airdrops who held fake airdrops, I don't know why lately many telegram bot devloper are trying their luck with this hype even though I think they are quite stupid considering that currently ethereum gas is very expensive and of course people must be thinking of sending some fees to their wallets.

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September 01, 2020, 07:54:18 PM
 #3

There are so many of these fake airdrops and also if you see on Youtube there are also a lot of scammy crypto ads asking you to send ETH and other coins to get double the money and so many silly people who are either desperate and lazy for fast money or greedy, who are actually falling for these scams. Another big scam is uniswap listings that are coming out of nowhere. You need to check every listing to see is there a website, is there a team, is there locked liquidity, is there an audit. Without any of these things it is not worth buying into any shit coin just because it is listed on uniswap lol.


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September 01, 2020, 07:58:03 PM
 #4

besides those two projects, I also found people who spread other Y Series token airdrops who held fake airdrops, I don't know why lately many telegram bot devloper are trying their luck with this hype even though I think they are quite stupid considering that currently ethereum gas is very expensive and of course people must be thinking of sending some fees to their wallets.

Gas fee is high currently, and that's the only reason I thought to urge people about all this shit that's happening over telegram, so that they don't fall for these scams thinking that when gas fee is already high, might be the reason why these people are asking for some 0.005 Eth as fee in order to credit their so-called YFI tokens in our exchange wallets FOR FREE.  Grin

I hope to have given this information at the right time so if any noobs or newbies watch this thread, they may be saved from this. I know that mostly everyone's aware of these scams, but the gas fee currently is touching sky high records which recently made a few miners around half a million (truly, a jackpot for them) in fees in a single transaction.

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September 01, 2020, 07:58:54 PM
 #5

Thank you for reminding us all of this death coin prank. The more often you encounter dirty projects like this, the better for us to find out and avoid them as quickly as possible. For me personally, any form of airdrop that requires sending ETH first is a SCAM project criterion.
understand that Airdrops are free coins and you don't have to bother paying because there are 2 possibilities for the Airdrop project.
1. lucky if you get paid (95%: NO)
2. can be traded (5%: YES)
The purpose of hunting for Airdrops tokens is to be PAID and not to PAY
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September 01, 2020, 08:13:11 PM
 #6


Honestly, not just for YFII. There's also a scam bot scheme like this on other coins/tokens.

Fortunately, most of these bots are now ignored but since some Defi tokens are hype right now, it might mislead newbies that the airdrop is legit.

I suggest to newbies not to join any Telegram airdrop group itself to minimize the risk of being encountering a bot like that. Also, don't join any groups or if currently joined, exit to those groups that are now abandoned by their owner as these groups are full of spam posts that mostly scam.

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September 01, 2020, 08:23:20 PM
 #7

Scams are everywhere, i have seen them in telegram, discord, twitter, facebook and all platforms. Some smart scammers even collect relevant emails and send these scam emails you just have to deal with cautiois never click links and use your head to stay safe.

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September 01, 2020, 08:43:40 PM
 #8

Same as YFIJ (Year Finance Junior) created for "Meme Token"

A few days ago they created the token and share the trade link on "Uniswap" also they add the liquidation to make confident for the a lot people to trade the token. After that's the token price reached around 0.5$-8$ and now they deleted the telegram group before they deleted the owner make some "Pin Message" do not trade the token ~LOL. Now they already gone, the token have 280 transaction and volume trade reached 50K USD.

A good amount for scam, anyone not learning from "Ethereum Token Rainbow and Bitconect on 2017".

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September 01, 2020, 08:48:58 PM
 #9

Actually what are going to the crypto markets? Sometime I see about DeFi prokect. Now I am seeing the YFI/YFII. It's few months I much away from the altcoins market checks. Now seeing and feeling maybe I am missing something around altcoins market. Lol. It’s actually result of increasing scammers . They will just use the recent bull run trend project to make fool people. Just ignore them to visit those channels like this.

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September 01, 2020, 09:11:53 PM
 #10

Actually what are going to the crypto markets? Sometime I see about DeFi prokect. Now I am seeing the YFI/YFII. It's few months I much away from the altcoins market checks. Now seeing and feeling maybe I am missing something around altcoins market. Lol. It’s actually result of increasing scammers . They will just use the recent bull run trend project to make fool people. Just ignore them to visit those channels like this.

The truth is (based on my belief), this DeFi isn't what it's being hyped hard for and trust me, it'll definitely fall extremely bad amongst which, the worst one will be YFI only as it has surpassed BTC but for me, BTC will always hold the highest value, be it in terms of morale or price. These channels have got a new way in the form of DeFi hype which is why everyone's trying to get their hands on some coins which were never sold (YFI sale never happened as committed by its dev).

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September 01, 2020, 09:22:17 PM
 #11

From what they have to offer, it is clear how the giveaway is very, very promising with a large prize. Isn't this suspicious? something that is done so easily and promises huge rewards is of course suspicious. And to prove this suspicion is to analyze it. Many scammers use this kind of ways, same, with the high rewards to attract many newbies or greedy people  Grin Grin
I agree with you, that don't be greedy just because you are attracted by a big reward, you will lose awareness and intelligence because you are deceived

R


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September 01, 2020, 09:37:40 PM
 #12

Too many Y series lately, and all Y series projects have increased in price, that's what makes people trapped in the fraudulent scheme, people are too in a hurry to get money quickly, without thinking to research the project. behind that, there are also many other Y series following the trend of making the Y series project in the form of an airdrop.

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September 01, 2020, 09:56:32 PM
 #13

I saw the YFI fake airdrops on telegram and laughed so hard. How will someone in his/her widest dream believe they can get 0.1 YFI from airdrop, lol. I don't pity people who fall for such if it turns out to be a waste of time or scam. We should apply common sense before venturing any airdrop.
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September 01, 2020, 09:57:12 PM
 #14

Too many Y series lately, and all Y series projects have increased in price, that's what makes people trapped in the fraudulent scheme, people are too in a hurry to get money quickly, without thinking to research the project. behind that, there are also many other Y series following the trend of making the Y series project in the form of an airdrop.

scammers are on the loose. people should be vigilant these days and think again about this new hype as another series of ICOs way back in 2017. scammers everywhere trying their strategies to exploit these naive users. i dont really understand how this YFI achieved their very expensive price in the first place? if you look at their project, they have no product yet to offer so why the pump?

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September 01, 2020, 10:01:47 PM
 #15

Indeed, lately there have been so many scams on behalf of YFI, I sometimes receive messages like that but I ignore it. Because when someone you don't know asks you to send coins first with lure big profit then it is definitely deceptive. Keep playing it safe and avoid it.

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September 01, 2020, 10:09:24 PM
 #16

I never rely on telegram for some information. We have too many scammers and clones there. I just go through market tracker, people who are greedy will get caught.

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September 01, 2020, 10:11:18 PM
 #17

Thank you for sharing this stuff!

A lot of people will probably use this two coins to scam people. As we all know that yearn finance I and II are being hyped in the market. Yesterday, I was looking for the telegram group of  yfII because I want to ride on their hype in binance. However, I did not see it. I just ride on a hype and move out my funds right now. I don`t want to fall in scheme because Y series coin might lead to a rich quick scheme which made as instant poor also.

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September 01, 2020, 10:25:10 PM
 #18

I never rely on telegram for some information. We have too many scammers and clones there. I just go through market tracker, people who are greedy will get caught.

One major thing here, it's not like I'm following any telegram channels just to get any money out of there, but I come here to make people aware of possible scams. I saw that yearn.finance didn't do any pre-sale, public sale, exchange sale, etc. meaning no sale happened ever and this is why everyone got excited watching a $3 coin touching some extraordinarily unbelievable highs of above $33k which is around 10,000x (that's more than a million in %).

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September 01, 2020, 10:31:21 PM
 #19

they are using the YFI to make it appear like they are into DEFI. things are getting creative but an old timer wouldn't really fall for this. there is just a simple rule of thumb to look up when investing but there are still people falling for this scam because of greed. well doubling your ETH is definitely enticing, its sure enticing to do that until you find out you lost it all.









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September 01, 2020, 10:32:47 PM
 #20

I see currently a lot of fake Telegram on behalf of the DeFi project...
not only YFI & YFII telegrams were faked but LINK, Aave, and Maker were also faked. we must be careful before joining the telegram group and don't be tempted by the conversations of the fraudsters in the group if you are added unilaterally then come out immediately then 'report'.



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September 02, 2020, 05:01:58 AM
 #21

Don't be a prey to this tactics of scam projects. It's crazy to send amount of crypto coins to their account for us to be able to withdraw the coins.
 It's not only YFI but those who send messages like that urging you to send crypto first, is 100% scam. Also, they are giving you so good to be true amouny of free coins for you be able to be desperate to withdraw that coin which actually a fake balance.
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September 02, 2020, 05:33:07 AM
 #22

I never rely on telegram for some information. We have too many scammers and clones there. I just go through market tracker, people who are greedy will get caught.
Sometime the only best way is to follow their social site. Cause on telegram there are plenty of activity happening like announcement of their presale or private sale.  These scammers who know how to create a tokens would likely to make a token and promote its site for at least 24 hours and later on will be gone like in an instant.

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September 02, 2020, 05:43:58 AM
 #23

Thanks for the share but i am one of the few person that cares nothing about telegram using not unless i need to talk to some people that only have access thru this apps.

Since i become a target of scams for many times i decided to Least telegram to one of my contact providing(but of course in some times for important reason i use it still).

Airdrop also is not on my line,But Good to see that there are still others willing to share and broadcast the shit from these scammers.
I see currently a lot of fake Telegram on behalf of the DeFi project...
not only YFI & YFII telegrams were faked but LINK, Aave, and Maker were also faked. we must be careful before joining the telegram group and don't be tempted by the conversations of the fraudsters in the group if you are added unilaterally then come out immediately then 'report'.
Blocked instantly if you are being PMed or the conversation in the group is not considered as legit.
Most Bot are talking or their Paid to shill just to make people believe their existence and legitimacy.









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September 02, 2020, 05:47:49 AM
 #24

I usually avoid this kind of airdrop, in fact I never believe in the erc20 token airdrop because I know gas costs are very high at this time, many erc20 tokens stop doing transactions at this time, usually they ask for money to claim the airdrop results on the grounds of gas costs, but still many are willing to send money, if people think smart if indeed the airdrop is given for free in large numbers, they should have enough money for gas costs, but why ask for money for gas fees, of course people who think will understand it is a fraud

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September 02, 2020, 06:25:18 AM
 #25

Don't be a prey to this tactics of scam projects. It's crazy to send amount of crypto coins to their account for us to be able to withdraw the coins.
 It's not only YFI but those who send messages like that urging you to send crypto first, is 100% scam. Also, they are giving you so good to be true amouny of free coins for you be able to be desperate to withdraw that coin which actually a fake balance.

Most of these telegram airdrops are just useless as it can be. Not really a fan of telegram airdrops because usually they will waste your energy doing what is needed and in this case they might steal your funds. More than likely, you will have fake balance here, don't think they will be generous in giving out free money.
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September 02, 2020, 07:56:22 AM
 #26

Don't be a prey to this tactics of scam projects. It's crazy to send amount of crypto coins to their account for us to be able to withdraw the coins.
 It's not only YFI but those who send messages like that urging you to send crypto first, is 100% scam. Also, they are giving you so good to be true amouny of free coins for you be able to be desperate to withdraw that coin which actually a fake balance.

Most of these telegram airdrops are just useless as it can be. Not really a fan of telegram airdrops because usually they will waste your energy doing what is needed and in this case they might steal your funds. More than likely, you will have fake balance here, don't think they will be generous in giving out free money.
To be honest, I have experience earning legitimate free money from telegram airdrops back in the year of 2017. But today it's true that most telegram airdrops today are scams and waste of time because they are now using bots and showing you fake balances for you to assume that you are really earning money. Scams are really taking advantage everything that is trending like ICO projects and DeFi projects, that is why avoid participating in any airdrops scams and scam projects.

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September 02, 2020, 08:25:03 AM
 #27

Fraud and theft in the digital currency market will not end, but it will decrease with the increase in awareness, regulation and legalization of this young market. For me personally, I do not trust any Airdrop that asks me a fee for sending the cryptocurrency, as this indicates the weakness of the project or fraud.
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September 02, 2020, 10:55:02 AM
 #28

Disclaimer: Please don't click any links under greed, else you'll be responsible for your loss. I'm sharing this just to make you aware of their scam, that's it.

I've been into an airdrops based group that gives me updates whenever a new airdrop is up.

Quote
Yearn Finance Airdrop ! limited time ! 💰Yearn.finance is a
🔗 Airdrop ; FirstCome First Serve Limited 50 YFI

1 YFI token Price 15000$

Task ✅ Wallet Address ✅ Mandatory ♻

📊 Distribution Sept. 05

per join 0.05 YFI token for free ! 💵
0.0001 YFI per referral !
complete the giving tasks ! 🖥️

✋ Specific wallet YFI Only.
🌀 Open Trust Wallet " Search YFI fine the blue icon ➡ Received copy.

( More Option ➡  Open Binance Account ➡  Deposit ➡ YFI  Copy Address

⚒ Distribution Sep. 05 ⚔
💰 Your Reward will be distribute Soon.

Don't Miss .click here now :   https://t.me/yearnfinance_bot?start=r04364419620

This is what I received in that group, I thought to check this out as I smelled some scam.

Everything was good, until they, in their group, started asking to send Eth and get back double the Eth.

Now, the shittiest part here, as you already know that gas fee is too high in the Eth network specifically for DeFi protocol, what these guys threw in the bot was hilarious! They sent me this:

Quote
1 SET YOUR WALLET
2 CHECK YOUR WALLET
3 SEND GAS FEE TO WITHDRAW 🦄

Then, when I gave my address, they showed me this:

Quote
yearn.finance (YFI):
🦄 My ETH Address
💹 Distribute in 09/03/2020
⛽ Send 0.005 Ethereum  to process your withdrawal.

0x0FBdbB563b1e951129D25b8CB13BD11219294865

◾ Users who caught taking only proof of others will be permanently banned

◾ Your Screen Shot of Deposit or Transaction hash 📸

TBH, I can clearly say these mofos are none from YFI's team and you won't get anything once you send them the Eth, so just don't fall for this! Wink

And the same shit is inside YFII's channel too but I'm not going to share it. Just don't fall for these coins, they're worth so high that it's common sense nobody would give them for free.

I guess the rule of thumb here is just not to trust anything that promises you money for not doing anything. Promising to double your money if you jist send them money is sketchy enough. Never trust too good to be true gains. Ever.

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September 02, 2020, 11:42:00 AM
 #29

Same as YFIJ (Year Finance Junior) created for "Meme Token"

A few days ago they created the token and share the trade link on "Uniswap" also they add the liquidation to make confident for the a lot people to trade the token. After that's the token price reached around 0.5$-8$ and now they deleted the telegram group before they deleted the owner make some "Pin Message" do not trade the token ~LOL. Now they already gone, the token have 280 transaction and volume trade reached 50K USD.

A good amount for scam, anyone not learning from "Ethereum Token Rainbow and Bitconect on 2017".
DeFi hype will surely end up just like ICO of 2017, since newbies don't like learning they will keep falling for such scams because they want quick gains, I love making my money very slow and steady to avoid unnecessary crashes, newbies need to learn first before running after money

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September 02, 2020, 01:06:44 PM
 #30

Same as YFIJ (Year Finance Junior) created for "Meme Token"

A few days ago they created the token and share the trade link on "Uniswap" also they add the liquidation to make confident for the a lot people to trade the token. After that's the token price reached around 0.5$-8$ and now they deleted the telegram group before they deleted the owner make some "Pin Message" do not trade the token ~LOL. Now they already gone, the token have 280 transaction and volume trade reached 50K USD.

A good amount for scam, anyone not learning from "Ethereum Token Rainbow and Bitconect on 2017".
DeFi hype will surely end up just like ICO of 2017, since newbies don't like learning they will keep falling for such scams because they want quick gains, I love making my money very slow and steady to avoid unnecessary crashes, newbies need to learn first before running after money
I don't think that's an important problem as long as we can still make a lot of profit from this DeFi project, I will continue to support it, you can see many good projects that were born from DeFi, hopefully this will be the answer to the technological developments that have been waiting for you. many investors.

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September 02, 2020, 01:34:04 PM
 #31

Scammers sure rides the popularity of YFI/YFII.  There are lots of  people who are scammed with this kind of scheme.  I wonder why they only need 0.005 and not 0.1 or higher.  Possibly to make the project legit since gas fee is not that far from 0.005 ETH.  I guess they have the token named as YFI but different contract.  And that is enough to fool gullible  people around.



I don't think that's an important problem as long as we can still make a lot of profit from this DeFi project, I will continue to support it, you can see many good projects that were born from DeFi, hopefully this will be the answer to the technological developments that have been waiting for you. many investors.


True!  Ride the wave till it lasts.  People who take advantage of an event to get profit (not exploiting of scamming of course) are the smart ones.  Set aside the emotion and use our wits.  There is no harm in taking profit on trending cryptocurrency as long as the method is fair.

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September 02, 2020, 01:41:51 PM
 #32

Best to stay away from airdrops that tells you to deposit or send any eth tokens theres no airdrop like this with fee if a project wants to airdrop for promotional purposes they only need your wallet thats all dont fall for an easy money attempt. 

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September 02, 2020, 01:52:10 PM
 #33

I saw the YFI fake airdrops on telegram and laughed so hard. How will someone in his/her widest dream believe they can get 0.1 YFI from airdrop, lol. I don't pity people who fall for such if it turns out to be a waste of time or scam. We should apply common sense before venturing any airdrop.
I saw this one too and many fall on this one, I hope they are still safe right now and their information is still safe, well I doubt on this.

There's a lot of scam promotions out there and they are taking advantage the peak of many DeFi projects, so if you see a good to be true offer you must think twice before giving up your information. Deal only with the real developer and know the risk of joining such a ponzi telegram group, don't make investing too hard for you, it easy to find a legit information about the specific project, do your homework.

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September 02, 2020, 02:19:20 PM
 #34

Thank you for providing information about telegram group scams, I have never heard of the YFI / YFII telegram group.
But the method used is still the same, by offering rewards to be good to be true. We have to be careful every investment
offer that promises to make double our capital. Because that is the strategy used by scammers to commit fraud, usually
greedy people are often become victims.

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September 02, 2020, 10:48:32 PM
 #35

I guess the rule of thumb here is just not to trust anything that promises you money for not doing anything. Promising to double your money if you jist send them money is sketchy enough. Never trust too good to be true gains. Ever.
Yes, in things like this sometimes we also have to use logical thinking so as not to get caught up in sweet promises from people we don't know, because in reality it is very rare for people to make promises to give big money to other people who she doesn't know him at all, so obviously on this point I totally agree that we all don't believe anything that promises you money for doing nothing.
I think the chat group link that you provided does not match what YFI and YFII have, I checked on coinmarketcap that the YFI telegram group is https://web.telegram.org/#/im?p=@iearnfinance while Meanwhile, YFII is https://web.telegram.org/#/im?p=@yfiifinance so you have to be more careful and not be fooled by fake telegram groups.
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September 02, 2020, 11:00:31 PM
 #36

OMG! Telegram apps now are the main home-based of the scammers now. This looks scary, that's why I don't trust any of the airdrops due to it always a trap to get a victim. Although, there are still a few of the legit telegram channels still exist. Thanks for this reminders about this one Sir, need to be more careful about joining in any of the airdrops program.
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September 02, 2020, 11:05:03 PM
 #37

Sending ETH to them and getting double, is just a cheap scam attempt carried out by many scammers to lure the greedy ones. The simple truth is that only people who are very greedy will keep falling for this type of scam and to make it worst, these group of scammers keeps using this approach which shows that people are still gullible and greedy hence not caring if the project, giveaway or airdrop is scam or not so far they will get their anticipated reward.
Also, Defi is really taking a different step and it will be wise to make sure we invest rightly to be on the safer side than chasing profits and ends up feeding scammers.

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September 02, 2020, 11:54:30 PM
 #38

OMG! Telegram apps now are the main home-based of the scammers now. This looks scary, that's why I don't trust any of the airdrops due to it always a trap to get a victim. Although, there are still a few of the legit telegram channels still exist. Thanks for this reminders about this one Sir, need to be more careful about joining in any of the airdrops program.
unfortunately this is not the fault of telegram but it is the fault of telegram users, and I have also seen that some telegram groups can give a sign that the group is a scam, there are already several cryptocurrency groups that have a sign next to their name with a "scam" sign.

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