The Open Network (TON) community has issued an urgent warning to its members about a scam website posing as an official platform. In a Telegram message shared with over 1.7 million subscribers, users were advised not to interact or confirm any transactions on the fraudulent site.
TON Identifies the Scam Website
As per the alert, the TON community specifically identified the scam website as “TON-USD(dot)org.” It cautioned users in the community against transacting with it.
TON, a blockchain project originally initiated by Telegram, has a massive user base and a growing ecosystem. This makes it the ideal platform for scammers attempting to exploit its popularity and defraud unsuspecting members, particularly new users.
The warning stated: “We have identified a scam website (TON-USD(dot)org). Please do not confirm any transactions with this site. Be careful about anything claiming to be official but not based on official website addresses. Do your own research before confirming transactions.”
Rising Scams and Phishing Schemes in the Crypto Space
The note of caution is understandable given the rising spate of scams and phishing schemes targeting unsuspecting users in the crypto space. The community’s advice to double-check website addresses and confirm official sources is crucial.
BGEcrypto recently reported a 7% uptick in Toncoin, bucking its earlier bearish pattern with the prediction that the best is yet ahead. According to crypto market intelligence, a steady increment from the current level is expected until the end of the month with a 228% surge incoming.
A few days ago, scammers created many fake Shiba Inu-related groups on Telegram targeting users by impersonating legitimate SHIB-linked channels. Their tactics included offering bogus investment opportunities and promising crypto giveaways related to SHIB, BONE, TREAT, and other Shibarium-related tokens.
Meanwhile, a Bored Ape Yacht Club (BAYC) holder lost three valuable NFTs worth 54.8505 ETH ($115,860) to a Phishing scam. A phishing scam involves social engineering in which fraudsters trick victims into divulging personal information like account details, with which they can steal funds.
The warning alert issued by the TON community aims to minimize the impact of the scam website and protect its users from these bad actors.
