DeChat, a new decentralized social messaging platform, faced scrutiny after a 'honeypot' scam link was included in their announcement post on the day of their $DECHAT token listing at 10:00am UTC. The issue was highlighted by @ZACHXBT, raising concerns among investors and backers. DeChat responded by removing the tweet and announcing a refund for users who purchased from the malicious link, identified as '0x643361460afeca3a8e748b226aa9012f99fd1128'. They promised to share the Refund TX shortly. Despite the update, suspicions of engagement manipulation arose as the new tweet quickly garnered over 900 likes and 270K views in less than 5 minutes.
DeChat users buying the project’s token on Pancakeswap were directed to a malicious address, but the team resolved the matter after ZachXBT flagged concerns on X https://t.co/LElpqeaOFT
Aleart, team found out the honey pot smart contract: . 0x643361460afeca3a8e748b226aa9012f99fd1128 has been posted 10:00am UTC by mistake. All purchase from users will be refunded by Dechat. Refund TX will be shared shortly.
⚠️ #DeChat removed a tweet linking to a honeypot in their token launch, according to @zachxbt. Despite updating the tweet, suspicions rise as their new tweet garnered over 900 likes and 270K views in less than 5 minutes, hinting at possible engagement manipulation. Stay safe! https://t.co/PeMEby2WeP