Varma What Is Fake USDT? The crypto market is open - anyone can create a token with any name and logo. Scammers use this to create fake USDT tokens. It is important to understand: real USDT cannot be counterfeited, because it is issued only by the Tether company. However, scammers can create a different token with the same name, copy the logo, and make it look almost identical to real USDT. These tokens are what people call fake USDT. What Is the Flash USDT Scam? Flash USDT is one type of scam involving fake USDT. In this scam, fake USDT is supposedly sent to your wallet, even though these tokens are not connected to the Tether company at all. After that, scammers say that you need to pay a USDT “fee” to receive or “unlock” the funds - as soon as you do this, your balance is wiped out and the money is gone forever. Often, a Flash USDT transaction scam is disguised as a service offering “fast” or “cheap” transactions to look more trustworthy.
The crypto market is open - anyone can create a token with any name and logo. Scammers use this to create fake USDT tokens. It is important to understand: real USDT cannot be counterfeited, because it is issued only by the Tether company. However, scammers can create a different token with the same name, copy the logo, and make it look almost identical to real USDT. These tokens are what people call fake USDT.
What Is the Flash USDT Scam? Flash USDT is one type of scam involving fake USDT. In this scam, fake USDT is supposedly sent to your wallet, even though these tokens are not connected to the Tether company at all. After that, scammers say that you need to pay a USDT “fee” to receive or “unlock” the funds - as soon as you do this, your balance is wiped out and the money is gone forever. Often, a Flash USDT transaction scam is disguised as a service offering “fast” or “cheap” transactions to look more trustworthy.
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