It's quite alarming that the number of participant in airdrops and bounties keeps on increasing,
This increase in number of participant in airdrops and bounties programs is due to the recent awareness in the world of cryptocurrencies and also aridrop and bounty newbies
Every one love free things especially when it comes to MONEY
However the increasing number of people in the cypto world has give a way for scammers and hackers to exploit the mass who are unaware of their scam strategies due to their little knowledge
Recently there has been some scam airdrops which participants were told to complete their KYC to verify that they are the true owner of the wallet
Pls note that not all airdrop and bounty program that ask for KYC are scam
There are ways to identify a scam airdrop from the methods and strategy they use
The popular methods include asking for your:
★ mnemonic phrase
★ private keys
★ wallet keystrokes
★ mnemonic words
★ wallet seeds etc.
Since people are aware of the methods listed above these scammers came up with a new method which is not known yet to people
What they do is to send you email requesting you to complete your KYC before the distribution of their token and the more ethereum in your wallet the more token you will receive
After you click on the kyc link you will be asked to sign an
encrypted message
from your wallet and paste in the space provided
This was the method eosgas used to scam millions of people and there is other scam airdrops out there so be careful, be vigilant don't loose your hard earn money to scammers in the name of airdrop
Scam airdrop sites:
❌❌❌eosgas.io ❌❌❌
❌❌❌Vechainx.net ❌❌❌
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