How scammers create volume for their token in Hive-Engine
I guess all of Leo community is aware of the scam token LEOG at Hive-Engine market and fortunately enough I guess we did not suffered any damage from it.
Or did we really lost some money there?
Actually most of this volume is generated by scammer buying and selling his own token himself.
Since there is no trading fees in Hive-Engine, scammer can show you there some serious dollar also for free.
So do your research properly before buying any token, Market volume and market cap can be totally crap statistics for researching a project in cases like this.
Upvote ,comments ,reblogs and follow all are welcome.
Posted Using LeoFinance Beta
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Nice information and oost kike this make awareness in the community....
Thanks for Sharing...
Sure. We are responsible for protecting our assets.
Posted Using LeoFinance Beta
Thanks for the headsup.
Posted Using LeoFinance Beta
My Pleasure.
Posted Using LeoFinance Beta
scammers everywhere and now they have landed on Hive-engine. Ideally, they shouldn't be allowed to make tokens right away before seeing their projects/other details. Anyways thank you for the headsup. cheers
Posted Using LeoFinance Beta
Scammers are everywhere. Blockchain decentralization and anonymous transfer just make it fertile bed for them.
Posted Using LeoFinance Beta
Can Hive-engine owner block Scammer or not?
Posted Using LeoFinance Beta
they could if they wanted to but they too busy scamming people themselves with clones of a shit game.
Posted Using LeoFinance Beta
Forget about Hive-Engine, Internet is full of scam. so do your research properly.
It would be nice to see that Hive-Engine MARK somehow these suspicious tokens at least... I know it's hard to delete them as they paid the "entrance fee", but still, scamming people is bad...
Issuer profile can be blacklisted IMO but again a new profile and a new token.