Scam Alert: Cardano Founder Reveals Interaction With Fake ‘Anatoly’

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Cardano Founder Charles Hoskinson has busted the schemes of a fraudster who tried to impersonate Solana Founder Anatoly Yakovenko. Taking to his official X account, Charles Hoskinson shared a recorded chat trail detailing how he interacted with “Anatoly,” who asked him to visit a website to claim some tokens.

The interaction began when the phony Anatoly instigated Hoskinson, inquiring if he had collected the 20% incentive on his TrueUSD holdings in his wallet. Instead of dismissing the fraudster outright, Cardano’s founder engaged him, asking what procedures were necessary to redeem these rewards.

An impostor named Anatoly guided Hoskinson to a fraudulent website and instructed him to click on “Claim Reflections” after that. However, things became more intriguing when Hoskinson questioned the scammer about why he couldn’t receive the rewards directly from his digital wallet. The dialogue revealed that scammers may not be as intelligent as they believe themselves to be, as their responses to Hoskinson’s inquiries exposed the entire scheme as a hoax.

Sometimes, you just have to have fun with it 🙂

— Charles Hoskinson (@IOHK_Charles) April 17, 2024

An interesting feature of the false Anatoly was that the account utilized for the conversation carried a verification badge, giving an apparent air of authenticity to the assumed persona.

Crypto scam and awareness campaign

Concerns are rising in the crypto community about an increase in scams. The use of advanced technology, such as artificial intelligence (AI), has made it more difficult to distinguish between genuine and fraudulent activities. Misleading videos featuring deepfakes of well-known figures like Hoskinson and Garlinghouse have become prevalent in the industry at large.

Campaigns against crypto scams have gained volume as companies like Ripple Labs Inc. work to inform their audiences about the deceptive tactics of swindlers. A video shared by Hoskinson serves as another means to enlighten followers, as interactions with scammers usually follow a consistent pattern – asking the right questions can reveal the fraudsters’ true intentions.

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2024-04-18 13:19