Cryptopolitan
2020-07-07 18:02:58

Scam tokens trick traders with bogus coins of legitimate DeFi projects

Scam tokens are bogus coins of DeFi projects due to Uniswap’s loose “listing” policy. The decentralized exchange (DEX) allows users to essentially import any token by pasting its address into the Uniswap’s swap menu. However, it’s unclear how many traders were scammed into trading with fake coins, as the exchange has no mechanism that prevents […]

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