Circle asserts that the press release regarding the launch of the tokenized gold and silver trading platform CircleMetals is a forgery and not a service of Circle.

The announcement was disseminated just before Christmas, impersonating the Circle brand and statements from leadership, aimed at tricking users into connecting wallets to exchange USDC for GLDC gold tokens and SILC silver tokens; Circle stated that the related website has been taken down.

MAIN CONTENT

  • Circle denies launching CircleMetals and calls the announcement fake.

  • The scam targets wallet connection requests to exchange USDC for GLDC, SILC.

  • The website has ceased operations; Circle warns not to click on unverified links.

What does Circle say about CircleMetals?

Circle confirms they have never launched a trading platform for tokenized gold and silver called CircleMetals.

According to the content stated, a press release issued just before Christmas falsely impersonated the Circle brand and quoted leaders, creating the impression that Circle was launching a new service. Circle emphasized that this information is false and misleading to users in the cryptocurrency field.

Circle also stated that the website related to the fake announcement has been taken down. This is to block traffic leading users to risky interaction steps, especially requests related to wallet connections.

What does the fake announcement lure users into doing?

The announcement directs users to connect their wallets to exchange USDC for the gold token GLDC and the silver token SILC.

Circle stated that the fake announcement directed users to a website and encouraged the action to connect wallets, often a precursor to account takeover or asset theft. The tokens mentioned in the announcement include GLDC (gold) and SILC (silver), with a mechanism to exchange from USDC.

Circle reminds users to be vigilant: do not trust unverified links and do not accept wallet connection requests from unclear sources. The content also notes that the information is for data provision purposes only, not investment advice.

Source: https://tintucbitcoin.com/circle-bac-tin-don-ra-mat-san-vang-token-hoa/

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