A token is generated. cryptocurrency More than 350 scams per day this year. It has scammed millions of investors, according to a report by blockchain risk audit firm Solidus Labs.
From the beginning of the year to December 1, 117,629 “scam tokens” have been created. followSolidus’ 2022 “Rug Pull Report”, a 41% increase from the nearly 83,400 transactions Solidus detected in 2021.
The report claims that BNB Chain has the largest number of scam tokens, with 12% of all BEP-20 tokens being scam tokens.
The Ethereum network came in second, claiming 8% of ERC-20 tokens were allegedly scams.
Nearly 2 million investors have lost their money to these scams as of September 2020, more than the estimated 1.8 million creditors combined affected by the bankruptcies of FTX, Celsius and Voyager.
Scam token scam The most popular is “honeypot,” a smart contract token that does not allow buyers to resell, such as the Squid Game (SQUID) token.
The post Since the beginning of the year, 117,629 “Scam Tokens” have been created, as Solidus’ “Rug Pull Report” appeared first on Bitcoin Addict.