Terra Relaunch Is Already Inspiring A Slew Of Scam Tokens

The recent Terra relaunch appears to have inspired several similarly named scam tokens and fake accounts attempting to fool investors.

Leading blockchain security firm PeckShield on Monday said scammers running LUNA rug pull have laundered nearly 730 BNB tokens through Tornado Cash. Scams and frauds rose significantly amid the Terra 2.0 and LUNA v2 launch by Terraform Labs.

In fact, Terraform Labs’ plans to revive the Terra chain and airdrop LUNA tokens have encountered problems and delays, which also included these scams and frauds. PeckShieldAlert uncovered several fake Terra accounts on Twitter, scam addresses, and deceptive announcements related to UST and LUNA.

PeckShield Uncovers LUNA Rug Pull Amid Airdrops

PeckShield in a tweet on May 30 reported a LUNA v2 rug pull that …

Source : coinmarketcap.com

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