Security company: Telegram group named Lanskoy Trade is promoting honeypot fraud, resulting in the theft of US $1.3 million

According to the news, according to CertiK monitoring, the following four honeypot scams have resulted in a total of 1.3 million dollars in stolen funds. Bsc:0x35E4EFa6f4f00478Cb9e391F0894f48A7A02a583； Bsc:0x81058db5c2Cf219aB8fecD850b3067d08216467D； Bsc:0xfDdac426a674856F338566d2e75388c2489FD512； Bsc:0xEE4Af49d4cd8B8Ea77875bACE4e6787d5CD11D54； These scams were promoted by a Telegram group called LanskoyTrade. This honeypot scam is also the largest honeypot scam since the Squidgame honeypot lost $5.7 million in 2021.

Interpretation of this information:

The news reports that CertiK monitoring has found four honeypot scams, which have resulted in a total of 1.3 million dollars in stolen funds. These scams were conducted on the Bsc blockchain, with smart contract addresses of 0x35E4EFa6f4f00478Cb9e391F0894f48A7A02a583, 0x81058db5c2Cf219aB8fecD850b3067d08216467D, 0xfDdac426a674856F338566d2e75388c2489FD512, and 0xEE4Af49d4cd8B8Ea77875bACE4e6787d5CD11D54, respectively. These scams were promoted by a Telegram group called LanskoyTrade.

Honeypot scams are fraudulent schemes that are designed to steal money from unsuspecting users by enticing them with a high return on investment or other false promises. The scammer will typically create a fake investment opportunity, often in the form of a cryptocurrency or token, and then ask the victim to send money to a wallet address. Once the victim sends the money, the scammer will disappear, leaving the victim with nothing.

The fact that these scams were promoted by a Telegram group makes them even more dangerous, as Telegram is a popular messaging app that is widely used in the cryptocurrency community. The group may have used various tactics to make the scams seem more legitimate or convincing, such as fake testimonials, falsified trading statistics, or misleading information about the project’s founders or team.

This honeypot scam is one of the largest honeypot scams since the Squidgame honeypot scam that resulted in the loss of $5.7 million in 2021. The increasing prevalence of such scams highlights the importance of conducting due diligence and researching investments thoroughly before investing money. Investors should be wary of schemes that promise high returns with little or no risk and should always verify the legitimacy of the project, team, and wallet address before sending any funds.