What are some common scams in the Thorchain community?

3 answers

• Nov 25, 2021 · 3 years ago
  One common scam in the Thorchain community is phishing. Scammers may send fake emails or messages pretending to be from Thorchain, asking for your private keys or login credentials. It's important to always double-check the sender's email address or domain and never share your private information with anyone. Stay vigilant and use official channels to communicate with the Thorchain team.
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• Nov 25, 2021 · 3 years ago
  Another scam to watch out for is fake Thorchain token sales. Scammers may create websites or social media accounts claiming to sell Thorchain tokens at discounted prices. Always verify the authenticity of the website or account and only participate in token sales through official platforms. Remember, if it sounds too good to be true, it probably is.
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• Nov 25, 2021 · 3 years ago
  At BYDFi, we prioritize the security of our users. It's crucial to be aware of potential scams in the Thorchain community. One common scam is the impersonation of Thorchain team members on social media. Scammers may create fake accounts and try to trick users into sending them funds. Always verify the authenticity of the account and never send funds to unknown individuals. Report any suspicious activity to the official Thorchain team.
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