The Vatican Bank, officially known as the Istituto per le Opere di Religione (IOR), has refuted any association with a fraudulent cryptocurrency initiative called the Vatican Chamber Token (VCT). This scam was promoted on a phishing website that falsely claimed to invite individuals to join a prestigious economic institution. The site even listed the Vatican Bank's actual contact number. A bank representative confirmed to Cointelegraph that the project is a scam and has no ties to the Vatican. Furthermore, Cointelegraph found no entity named the 'Vatican Chamber of Trade.' The scam's sophistication included a misleading link on the Vatican Bank's Wikipedia page, which was flagged as vandalism. The fraudulent site promised exclusive access to investor introductions and presales of VCT tokens, with strict eligibility criteria for potential members. The promoters claimed the token would enable participation in the economic growth of the fictitious trade chamber, with a total supply of 10 million tokens priced at 25 euros each. Read more AI-generated news on: https://app.chaingpt.org/news