Coinbase wallet has £0 balance but $ is showing as USDT

[hosseinimr93]

I think you have received fake tokens that have no value. Scammers can easily create fake ERC20 tokens with fake contract addresses. They create the tokens with the same name and symbol as the real tokens to deceive users.

For more information, visit the following article on coinbase.
Real or fake? Learn how to identify legitimate stablecoins

[dansus021]

Can you click on the token address and showed to us and there will be a contract address that must contain this contract address 0xdac17f958d2ee523a2206206994597c13d831ec7 if not similiar then it probably you have fake token.

and if you send from an exchange you dont actually need ETH to transfer because CeX will taking care of it

[Keithyp26]

https://talkimg.com/images/2023/07/25/Qz5df.jpeg

I think you have received fake tokens that have no value. Scammers can easily create fake ERC20 tokens with fake contract addresses. They create the tokens with the same name and symbol as the real tokens to deceive users.

For more information, visit the following article on coinbase.
Real or fake? Learn how to identify legitimate stablecoins

OMG I think you are right

https://www.talkimg.com/images/2023/07/26/QNPeJ.jpeg

[Keithyp26]

Can you click on the token address and showed to us and there will be a contract address that must contain this contract address 0xdac17f958d2ee523a2206206994597c13d831ec7 if not similiar then it probably you have fake token.

and if you send from an exchange you dont actually need ETH to transfer because CeX will taking care of it

Where do I find the contract address?  In etherscan?

[OmegaStarScream]

Where do I find the contract address?  In etherscan?

I'm not sure if you could do that within the Coinbase app, but yes it should be possible to do that with etherscan.

Start by looking for your address, then find the transaction where you received this token. If you're unsure how either post your address or the TXID so we can help you.

[Keithyp26]

Where do I find the contract address?  In etherscan?

I'm not sure if you could do that within the Coinbase app, but yes it should be possible to do that with etherscan.

Start by looking for your address, then find the transaction where you received this token. If you're unsure how either post your address or the TXID so we can help you.

Screenshot of Etherscan

https://www.talkimg.com/images/2023/07/26/QNkT5.jpeg

[OmegaStarScream]

-snip-

Well, it looks like it's a fake one. The real USDT should have its icon on Etherscan but just to confirm, on the last row on the screenshot, click on  "Tether USD" to see more details about the asset (including the contract address).

[Keithyp26]

-snip-

Well, it looks like it's a fake one. The real USDT should have its icon on Etherscan but just to confirm, on the last row on the screenshot, click on  "Tether USD" to see more details about the asset (including the contract address).

https://www.talkimg.com/images/2023/07/26/QNvLz.jpeg

[hosseinimr93]

You have received tokens with the contract address of 0x120666249167a85b65b0D87F9f2B310C4E4a3205. According to etherscan, there are 90 addresses holding this fake token and the first transaction with that contract address was made only 69 days ago.
The correct contract address of USDT on ethereum network is 0xdac17f958d2ee523a2206206994597c13d831ec7.

[BitMaxz]

That's a fake one and the bitcetus network you mention in your previous post I tried to search the exact website but I couldn't find it. However, I found a youtube video on Google below telling that it's a bitcetus.com with a scam alert. Meaning the USDT you receive is fake be careful if they are asking for payment to activate it. Send or withdraw USDT from your wallet only needs enough ETH to cover the transaction fees but if it's a fake one then it's not worth it because the fake USDT doesn't have value.

- https://youtu.be/WeGxQj7kbnU

[dansus021]

Well op everyone has said that you had a fake token Im sorry for your lost

this is the real contract address of usdt



if you send this token to Coinbase, the exchang will show you 0 in balance

[noorman0]

Bitcetus

According to whois, it's just a new exchange with no reputation.

169 days old
Created on 2023-02-07
Expires on 2024-02-07
Updated on 2023-02-07

Maybe the scammer also created dozens of duplicate sites, so far I found several sites with the same template/content:

Code:

www.bitbco.com
www.bitnetdexs.com
www.youigs.icu
www.future-focuss.com

Curious about how you first fell into this scammer's trap? Actually you can share your txid deposit if you don't mind, maybe some of us can trace where your money was taken. Just hope it ends in a centralized service.