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- On-chain sleuth ZachXBT has uncovered a scammer’s plot to use crypto traders on Twitter.
- The scammer tricked traders into sending 10 ETH in change for a brand new token referred to as DGEN.
- The scammer used photoshopped transactions to assert that the DGEN tokens had been issued by PEPE founders.
Fashionable on-chain sleuth ZachXBT has make clear a scammer on Twitter who has been soliciting Ether from crypto traders on Twitter by deceptive them a few token airdrop. The scammer, who goes by serdegen0x on Twitter reportedly used pretend transaction screenshots to mislead traders.
ZachXBT took to Twitter earlier immediately to share serdegen0x’s newest plot to use crypto traders. In response to the on-chain sleuth, the scammer photoshopped Ethereum transactions to persuade traders on crypto Twitter that the builders behind the favored PEPE token had deployed a brand new meme token referred to as DGEN.
serdegen0x claimed that the PEPE deployers had launched a presale contract for the DGEN token. The scammer inspired crypto traders to ship any ETH quantity to his pockets tackle, with a purpose to get allotted for the brand new token’s distribution. “Ape responsibly however this could get us one other 1000x memecoin,” the scammer acknowledged on Twitter.
By way of this rip-off, serdegen0x managed to gather 10 ETH price over $18,000 on the time of writing. After securing the investments, the scammer deleted the presale tweet and moved the funds to a distinct pockets. ZachXBT revealed that serdegen0x was a serial scammer, having executed comparable schemes up to now.
The scammer beforehand operated beneath the username rasucrypto and executed a number of presale scams over the previous three weeks. In one in every of these scams, the scammer solicited ETH from crypto traders on Twitter in change for CHAD tokens. Nevertheless, the tokens had been by no means delivered to the traders. The scammer has deposited his proceeds from the scams (over 45 ETH) to Bitget.