Airdrops may be the most bewildering facet of crypto.
Refering to tokens being rewarded to crypto traders that fulfill certain criteria, they often amount to free money.
The amounts dropped can be immense.
Sometimes, airdrops that sound too good to be true are actually legitimate.
The scam centered on Uniswap, a decentralized crypto exchange where people trade altcoins like shiba inu and avalanche.
The scammers promised a free airdrop of 400 Uniswap tokens, worth around $2,000.
Over $6.5 million was drained from one wallet, blockchain analytics firm PeckShield told CNET.
The other wallet lost 834 ether ($903,000) and 39 bitcoin ($774,000).
As obvious as the scam may seem, it’s rooted in precedent.
Crypto whales at numerous points in 2021 received airdropsworth fiveandeven six figures.
We will never airdrop users without notice on multiple official channels."
To be clear: there was no exploit.
The Protocol always was and remains secure.
Monday’s scammer targeted Uniswap liquidity providers; users who earn interest by depositing cryptocurrency into Uniswap’s system.
Clicking the link on this site led to the infection and drainage of those two wallets.
Sending all those fake tokens cost the scammers $9,042 (8.5 ether), Denley said.
