TL;DR
- Warning about a fraudulent nft scheme: The Cardano Community, a Twitter account, warned users about a scam in which Berry Pool delegates were receiving a dubious nft and falsely promising additional ADA rewards through a fraudulent event.
- Significant losses incurred: Victims who connected their wallets and signed transactions after this scam suffered losses exceeding 200,000 ADA. The associated website has been identified as a scam.
- ADA Price Gouging and Precautionary Tips: Users are advised to review transaction summaries carefully to protect their assets. The scam coincides with the bullish trend of ADA price, which recently surpassed the $0.65 mark, its highest level since May 2022.
Cardano Community, an X (Twitter) account dedicated to the blockchain platform, issued a stern warning to users about a dangerous fraud that has recently been targeting victims.
Specifically, some Berry Pool delegates received a dubious non-fungible token (nft), which promises additional ADA rewards through “a deceptive/fake rewards event.”
The team behind account X alerted People should be very careful as the associated website has been identified as a scam.
“Unfortunately, users who connected their wallets and signed transactions have already experienced losses exceeding 200,000 ADA,” Cardano Community added.
Users were subsequently advised to carefully examine the transaction summary before performing any final processes to ensure the safety of their assets.
ADA price has been on a major uptrend lately, which could be one of the reasons why it became the target of the latest scam.
The token recently surpassed the $0.65 mark (based on CoinGecko data), a valuation last seen in May 2022.
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