Post
Topic
Board Scam Accusations
Merits 2 from 1 user
Topic OP
Jefe Token scam?
by
Adam556
on 14/05/2025, 12:23:16 UTC
⭐ Merited by nutildah (2)
Hi,

I'm wondering if anyone can help with an unusual situation. Apologies if this the wrong board to ask this.

Someone I know has lost a significant amount of crypto to a scam. The scammers claim they have returned some of it to their wallet (Coinbase Wallet) in the form of Jefe Token on Phantom Opera network.

However, this token doesn't appear to be actively traded anywhere and there's no trading volume displayed on CoinMarketCap, plus the market cap is $0. Another weird thing is that the value of the token is fluctuating in his wallet which is displaying anything from $60,000-$100,000.

I can't understand a) why it's showing a value and b) why the value is changing when there's no trading volume.

There's another scam in play here I'm sure, but I can't figure out exactly how it works.

Thanks in advance for any insight.