- On-chain sleuth ZachXBT has uncovered a scammer’s plot to take advantage of crypto buyers on Twitter.
- The scammer tricked buyers into sending 10 ETH in change for a brand new token referred to as DGEN.
- The scammer used photoshopped transactions to say that the DGEN tokens have been issued by PEPE founders.
Fashionable on-chain sleuth ZachXBT has make clear a scammer on Twitter who has been soliciting Ether from crypto buyers on Twitter by deceptive them a couple of token airdrop. The scammer, who goes by serdegen0x on Twitter reportedly used pretend transaction screenshots to mislead buyers.
ZachXBT took to Twitter earlier at present to share serdegen0x’s newest plot to take advantage of crypto buyers. Based on the on-chain sleuth, the scammer photoshopped Ethereum transactions to persuade buyers 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 buyers to ship any ETH quantity to his pockets tackle, to be able to get allotted for the brand new token’s distribution. “Ape responsibly however this will get us one other 1000x memecoin,” the scammer said on Twitter.
By 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 unique pockets. ZachXBT revealed that serdegen0x was a serial scammer, having executed related schemes previously.
The scammer beforehand operated beneath the username rasucrypto and executed a number of presale scams over the previous three weeks. In one in all these scams, the scammer solicited ETH from crypto buyers on Twitter in change for CHAD tokens. Nonetheless, the tokens have been by no means delivered to the buyers. The scammer has deposited his proceeds from the scams (over 45 ETH) to Bitget.
