Scammers use new method to defraud Solana users of their crypto
2024-09-04 13:52
Odaily News Scammers have recently discovered a new way to defraud Solana users of their cryptocurrencies. They used Solana's built-in token expansion function to secretly "destroy" users' tokens within seconds after they purchased them, making it impossible for users to use or view them. Slorg, a member of the core working group of Jupiter, a Solana ecological transaction aggregator, pointed out that the purpose of scammers destroying tokens may include creating confusion, reducing market circulation to stabilize prices, or conducting small-scale, high-frequency fraud activities. (Cointelegraph)
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