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Market News

Scammers are Targeting Arbitrum Airdrops: Stay Safe!

Web3 anti-scam tool Scam Sniffer alerted the community that it detected 273 phishing sites related to Arbitrum ahead of the airdrop.

Written By Vismaya V
Published March 20, 2023 12:50 PM·Updated 1 year ago
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Scammers are Targeting Arbitrum Airdrops: Stay Safe!

As the Arbitrum airdrop is nearing its launch date, scammers are more rampant than ever to take advantage of the situation. The community is alerting everyone to stay alert for any such fake airdrops of ARB tokens.

Just a few days back, Arbitrum announced the airdrop of ARB Token and its transition to DAO. Arbitrum users will receive 11.5% of the total ARB token supply via the airdrop which will commence on March 23, 2023.

A lot of fake ARB airdrops are already circulating causing harm to the users. Blockchain security firm Redefine reported a fake Arbitrum airdrop website impersonating the official one.

https://twitter.com/Redefine_crypto/status/1637505764469223424

Certik reported about a fake Arbitrum Twitter account that was advertising an ARB token airdrop. The security firms alerted the users to not interact with such websites as any click will lead to the draining of their wallet.

#CertiKSkynetAlert 🚨

Be aware of a fake @arbitrum Twitter account which is advertising a token Airdrop.

Do not interact with this Airdrop.

Always verify Twitter accounts and URLs from trusted sources.

Stay vigilant! pic.twitter.com/gTlSNRzd6l

— CertiK Alert (@CertiKAlert) March 19, 2023

Web3 anti-scam tool Scam Sniffer alerted the community that it detected 273 phishing sites related to Arbitrum ahead of the airdrop. 

1.
🚨 The #Arbitrum airdrop has been announced, and with it comes an influx of phishing sites looking to scam users.

🕵️‍♂️ #ScamSniffer has already detected 273 phishing sites related to Arbitrum. The number is growing, stay vigilant! ⚠️

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) March 17, 2023

This is not the end of it so the community needs to be on its toes to not even accidentally click on any fraudulent links ahead of the. airdrop Only use Arbiturm’s official website, and refer to their official announcements if you have any doubts related to the airdrop.

Stay Safe!!

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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