DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Download on the App Store
Screenshot of DeepNewz app showing story detail view.
Aug 21, 06:00 AM
CoinMarketCap, CoinGecko Warn Users of BingX Exchange Scams and Fake $GECKO Tokens Amid Rising Fraud
Airdrops
Crypto

CoinMarketCap, CoinGecko Warn Users of BingX Exchange Scams and Fake $GECKO Tokens Amid Rising Fraud

Authors
  • CoinMarketCap
  • CoinGecko
  • 🏝nathanhead.eth🏝
5

Recent warnings from cryptocurrency platforms highlight a surge in scams impersonating legitimate services. CoinMarketCap has alerted users about scammers pretending to be team members and promoting fake tokens, emphasizing that they do not have any associated tokens or coins. Additionally, the BingX exchange has been identified as promoting a scam token that falsely claims to be linked to Solana-based Backpack, with the co-founder confirming no such token exists. CoinGecko has also issued a warning regarding misleading posts about fake airdrops for the $GECKO token, stating that they have no current airdrop plans. Users are advised to remain vigilant and verify sources before engaging with any cryptocurrency promotions.

Written with ChatGPT (GPT-4o mini).

Additional media