Financial Express - Dingo crypto token flagged as “potential scam"

in blockchain •  2 years ago 

https://www.financialexpress.com/blockchain/dingo-crypto-token-flagged-as-potential-scam/2972340/
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According to Cointelegraph, Check Point's research department has marked Dingo Token (DINGO) as "potential fraud" for allegedly rigging transaction fees within its smart contract.

Check Point Research (CPR) claims to have examined the Dingo smart contract code and found a "setTaxFeePercent" backdoor that can change transaction fees by up to 99%.

According to Cointelegraph, the cybersecurity software provider identified one instance in which a user who purchased a Dingo token for $26.89 received only $0.27 worth.

Be careful with this token!!

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