Cardano Foundation Addresses New Scam Alerts Online

Cardano has been addressing online scams coming from bad actors who are impersonating the project for a really long time.

Recently, a follower asked this on Twitter:

Cardano noticed the comment, and they created a new thread, posting the following:

Someone said: “I already posted 2 days back about that bot. Today they distribute rewards and ask for network fee first in terms of ADA, TRON, and DOGE with amount 6, 97 and 97 respectively. It is completely a scam, and payouts they posted in the group are fake.”

A commenter posted this: “I never use a link like that because I know it’s a scam. But to here, there a never giveaways are sad. Think one day you will send 505ADA to special projects who want to host a pool Smiling face with open mouth and cold sweat.”

Cardano in the news

Cardano continues to remain in the spotlight these days due to all kinds of exciting announcements that the team has been making via social media.

Check out the latest announcement that the Cardano Foundation dropped.

We suggest that you check out the original post in order to learn more details about the issue.

Regarding the price of ADA today, at the moment of writing this article, ADA is trading in the green, and the digital asset is priced at $1.19. 

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.