#AirdropSafetyGuide What is airdrop fraud?

Airdrop fraud is a fraudulent scheme where scammers impersonate events for token or coin giveaways to deceive users and engage with them. They lure users by offering fake airdrop opportunities, using the allure of free tokens to trick unsuspecting individuals and connect their wallets to malicious websites. Once connected, scammers can steal assets or sensitive information, leading to data breaches or financial losses.

One of the most common types is fake tokens.

Fake Tokens

In this scam, hackers may send worthless tokens to users' wallets to entice them to engage with them. Users are often redirected to a phishing site that steals their information or assets when they attempt to verify or transfer these tokens. For example, hackers may send users a "fake airdrop notification," claiming that they need to visit a phishing website to "unlock" the tokens, deceiving users.