[SCAM ALERT] Fake Binance Launchpad token listed on Pancakeswap..

[ScamViruS]

What happened: Fake Binance Launchpad Token.  
Telegram:

Code:

@Dangle_dingley

Pancakeswap (Fake Token) : https://pancakeswap.finance/swap?hook=bnb&outputCurrency=0xAd38632d21128695C289F506678ae1B8fd410619

After Binance announced their new Launchpad project, scammers took advantage of this opportunity to create fake Hook tokens to fool crypto users and scam them. I received such a message on Telegram a while ago, because I joined the official chat group of the Hook project. Beware crypto users and investors, avoid falling into this trap of chasing a project in hopes of a quick profit. Because scammers have already created various traps using your interest. Keep in mind there is no option to buy Hooked tokens now, you can only buy from binance launchpad.

[rat03gopoh]

It's the default advice of people not to offer investments via private messages, it's definitely 100% scam. Companies anticipating scam attemps are always alerted everywhere about random offers during exclusive sales programs.

[ScamViruS]

It's the default advice of people not to offer investments via private messages, it's definitely 100% scam. Companies anticipating scam attemps are always alerted everywhere about random offers during exclusive sales programs.

There are many chasers in the crypto market, who always try to catch the next train first. And as a result these scams are created by scammers. Still getting more messages like this in my Telegram DM, that means they want to take it to a bigger level. It's easy to call these activities scams, but it's not that easy for everyone to identify whether they're scams or real. So these scams should be exposed as soon as they are seen.

[nakamura12]

This is why we shouldn't let our guard down. Even a legit exchange or swap site could be one of the site or platform that many people will fall into getting scammed just because we know it's a legit swap but the crypto that is said to be accepted their is a scam. As many of us know that there are people who chase an unknown train for a chance to earn good profit but in the end some are getting scammed just because of catching a train that is not explored first.

[ScamViruS]

Here's how scammers join Hooked's official Telegram group by changing their Telegram name. I don't know why the Hooked team is not keeping this Telegram group clean, it looks really unprofessional. I DM'd one of their admins about this yesterday, till now he hasn't seen the message. I think scammers are using this opportunity to further their mission.

Official Telegram Group : https://t.me/HookedProtocolOfficial

[albon]

After Binance announced their new Launchpad project, scammers took advantage of this opportunity to create fake Hook tokens to fool crypto users and scam them. I received such a message on Telegram a while ago, because I joined the official chat group of the Hook project. Beware crypto users and investors, avoid falling into this trap of chasing a project in hopes of a quick profit. Because scammers have already created various traps using your interest. Keep in mind there is no option to buy Hooked tokens now, you can only buy from binance launchpad.

I have received such messages from scammers not only in Hook Project but in many projects, they message members of project groups on Telegram using a fake account and send them a scam token link that they created and listed on PancakeSwap in order to deceive them that this is the official project token, Everyone should report their telegram account and not trust who starts messaging you first because group admins never start messaging you first.

For information, anyone can create a token and list it in PancakeSwap in less than 10 minutes and for less than $5, so everyone should be careful.

[fennic]

Of course we should just stay away from these kind of scam tokens and always check it's contract address.
And also by the way we k ow that first HOOK token wi be listed on Binance and we do not know how much profit it will give us?

[noorman0]

-snip-
I don't know why the Hooked team is not keeping this Telegram group clean, it looks really unprofessional.

Maybe to make the claim of 3M users somewhat true.

-snip-
https://t.me/HookedProtocolOfficial

I was interested to see the last pinned announcement in the official group and it was actually published. Isn't it a little strange that claims of 3 million active users are announced in a group with only 11k followers? Haven't looked further into this project, these signs don't give a different rating between the original project and the scammers from my point of view.

[ScamViruS]

-snip-
https://t.me/HookedProtocolOfficial

I was interested to see the last pinned announcement in the official group and it was actually published. Isn't it a little strange that claims of 3 million active users are announced in a group with only 11k followers? Haven't looked further into this project, these signs don't give a different rating between the original project and the scammers from my point of view.

It's a must wonder why their community is so small if it's such a successful project. A lot of things happen in crypto, until they are caught, as many recent incidents have taught us that no one should be blindly trusted. It is really worrying that a project with 3 million active users has so few Telegram users. Even they have only 55k Twitter followers.

However, there may be more discussion about this project in other ways. This thread is opened here because scammers have created fake tokens using the name of this project, and continue to promote it.

[ScamViruS]

Scammers are still flooding my inbox with fake hooked token messages. In short, scammers are sending these messages to people who have joined Hooked Token's official Telegram channel, in order to lure crypto users into buying Hooked Token at low prices and buy their fake tokens. Scammers are setting traps for crypto users at every way.

[blockman]

There are a bunch of scammers in the Telegram groups and that's why it's better to avoid them at all costs. Don't believe the offers telling you that you've won something big and are eligible for the upcoming sale. They ride with everything that's being launched. And as for the Hook team, they should start the initiative to clean their community and start warning their members and potential investors so that they're being seen doing something to fight the scammers.

[ScamViruS]

Scammers are still trying to scam using Hooked's name. They are coming up with new tricks to trap and scam crypto users using various means including Telegram. So those who follow this project and invest in this project should be careful and refrain from clicking on any unknown links.



Source: https://bitcointalk.org/index.php?topic=5432250.0

[usekevin]

It was a good catch mate.Since binance had good reputation among the traders they targeted the binance as a token.This is obviously the web to the beginning traders in the trading platform.The people with good knowledge know about the fact binance will not create a launch like this.This is not a first attempt on the binance coin in the crypto market.

So this type of pump will be made with the hacked twitter account with huge followers like 500-600k and crypto based account.So people who don't have knowledge try with the minimum deposit.When consider with the minimum deposit,it will be big amount after some days of sale.

There are a bunch of scammers in the Telegram groups and that's why it's better to avoid them at all costs. Don't believe the offers telling you that you've won something big and are eligible for the upcoming sale. They ride with everything that's being launched. And as for the Hook team, they should start the initiative to clean their community and start warning their members and potential investors so that they're being seen doing something to fight the scammers.

If the beginning people want to inverse with the advice, better he can do with his own friend knowledge.People with good knowledge on crypto currency should help the beginning trader on their circle.By this way of approach almost many of scam attempt will become a useless one.

[Anonylz]

Yeah, this is one of the negative sides of dex, anyone can create a copycat token to deceive innocent investors who would mistake it for the official one.
They know the hype on that token is high so they took advantage to scam their victims, anyone who bought into this scam will be very sad when they learn they bought a worthless shitcoin.

[ScamViruS]

Yeah, this is one of the negative sides of dex, anyone can create a copycat token to deceive innocent investors who would mistake it for the official one.
They know the hype on that token is high so they took advantage to scam their victims, anyone who bought into this scam will be very sad when they learn they bought a worthless shitcoin.

There are some bad people waiting to use all good things in bad ways. Scammers use this opportunity to create fake tokens trying to scam crypto users with tempting offers. Those who greedily bought these tokens lost all their funds. They probably got a lot of crypto users who bought these fake tokens, because the hype of this project was huge in the crypto market.

And projects that have a lot of hype, scammers target that project to come to the market with their next scam idea and implement it.

[Bitstar_coin]

Thousands of similar scam tokens are created on a daily basis through pancakeswap with lots of people falling victims to this terrible crime.
Recently I leaned using dextool to scout for new projects just listed on the dex, you could the number of scam tokens created just for a short term period. Some of them just rugpull within few minutes of being launched.  It is very sad to say the least.

[ScamViruS]

Thousands of similar scam tokens are created on a daily basis through pancakeswap with lots of people falling victims to this terrible crime.
Recently I leaned using dextool to scout for new projects just listed on the dex, you could the number of scam tokens created just for a short term period. Some of them just rugpull within few minutes of being launched.  It is very sad to say the least.

Due to fake tokens being listed on Dex it is important for a trader to be extra careful when using Dex. When a new trend comes in the market, scammers use that trend to find ways to scam crypto users. And when scammers use the Binance Launchpad project, it's not difficult for new crypto users to get confused and fall into the scammers' trap. Scammers created a lot of hype by creating these fake tokens, and they may even be successful in scamming crypto users.

[dansus021]

Yeah I saw it pretty much same like your case but the different token, but I do bet it the same people scammer is everywhere telegram and discord become the place.

and Decentralized Exchange is, of course, be one stop when comes to the fake token. Like every day there are random people DM me and talk about fake token or get rich scheme quickly.

Keep educate ourself and there is no instant way to get rich 

[RealMalatesta]

Yeah I saw it pretty much same like your case but the different token, but I do bet it the same people scammer is everywhere telegram and discord become the place.

and Decentralized Exchange is, of course, be one stop when comes to the fake token. Like every day there are random people DM me and talk about fake token or get rich scheme quickly.

Keep educate ourself and there is no instant way to get rich 

We have a big number of legit projects so the scammers doesn't only limit their selves of creating one to two scam/clone coins but they create more than it so that if one gets busted, they still have a chance for the other. They are also lots of scammers on this space so some scam/cloned tokens are also created by other scammers and not by the same person. They lurk mostly in telegram because telegram is much easier to use and access than in discord.

Discord is much stricter in terms of security and almost each discord group do always hire a good moderator. Scammers use decentralized exchanges because obviously there are no or less regulations in here than on CEX.

[dansus021]

We have a big number of legit projects so the scammers doesn't only limit their selves of creating one to two scam/clone coins but they create more than it so that if one gets busted, they still have a chance for the other. They are also lots of scammers on this space so some scam/cloned tokens are also created by other scammers and not by the same person. They lurk mostly in telegram because telegram is much easier to use and access than in discord.

Discord is much stricter in terms of security and almost each discord group do always hire a good moderator. Scammers use decentralized exchanges because obviously there are no or less regulations in here than on CEX.

Yeah Sometimes I just think why the scammer won't stop doing that and why they doing that I mean of course, they can get money quickly but are they don't belive in karma or if they don't believe are they don't have heart and not considering the victim feelings