Quote from: serjent05 on July 24, 2024, 11:03:23 PM

Quote from: delfastTions on July 24, 2024, 06:48:33 PM

It looks like the scamming trend today is about creating tokens of reputable and popular casino platforms. I also read on other casino announcement thread that scammers are making a casino token under their name and selling them to the public. I hate to admit that I also think that decentralized systems is a haven for scammers since they can freely do these scamming things in the open.

These scammers abuse reputation of big platforms, celebrities to create their scam tokens with misleading token names of famous platforms or celebrities like politicians. There are tokens with pseudo token names that are similar to Brian Amstrong, Donald Trump, Joe Biden and more celebrities. These tokens highly like scam tokens that only need right time for their scam teams to do rug pulls and exit.

Quote from: Moreno233 on July 24, 2024, 11:47:21 PM

Maybe this is a wake up call for the major casinos, that do not have their native token, to protect their brand by publishing announcement distancing themselves from anything of this nature, this being published across their social media platforms and on the websites.

If major casinos don't build and launch their tokens, people who are scammed by scammers with fake tokens, must be responsible for their lack of due diligent research. Companies can proactively write many warnings on this risk but it's up to people in the community to learn, absorb educational information and avoid scams.

Scam and fake tokens that borrow names of big company brands will not stop to appear except if government launch new Act on cryptocurrency that can give more rights and straightforward ways for companies to sue scammers behind these scam and fake projects.