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Well-liked crypto pockets MetaMask has warned in regards to the launch of a faux $MASK token, as reported by the mission’s Twitter account at March 28.
Metamask says no token launch
MetaMask stated that widespread rumors counsel that they are going to carry out an official token seize or airdrop on March thirty first. The mission stated the rumors have been “not solely false, however [also] harmful” as a result of they permit fraudsters and identification thieves to focus on cryptocurrency customers.
In the meantime, MetaMask software program developer Dan Finlay, he stated that “a bunch of people that do not know what they’re speaking about” is chargeable for the hype surrounding the alleged airdrop. He warned that scammers “will most likely be out that day.”
The rumor seems to have originated round March 26 from a social media account referred to as “eezzy” earlier than being unfold extra broadly by the pinnacle of Degenscan Serp1337.
These rumors cited alleged insider data suggesting that MetaMask will report consumer transactions on March 31 earlier than going stay in 2024. It’s not clear whether or not the preliminary rumor circulated with fraudulent intent, because it didn’t require transfers to a particular tackle.
In any case, MetaMask has no native token and no quick plans to launch one, regardless of all hypothesis and recommendations on the contrary.
Rumors in regards to the metamask token aren’t new
The MetaMask token has been rumored for a while. In truth, the likelihood could have been initially raised by the pinnacle of MetaMask’s mother or father firm, ConsenSys.
In November 2021, ConsenSys co-founder and CEO Joseph Lubin seemingly hinted on the token’s launch by tweeting, “Wen $MASK? Stick with us.” Later, Decrypt reported in March 2022 that Lubin confirmed that MetaMask meant to launch the token. The assertion was later picked up by a number of main websites as proof of the upcoming launch.
The sooner assertion apparently resulted in no less than one precise fraud. A whole lot of customers noticed their funds stolen in December 2021 when attackers hijacked the decentralized trade to make it appear to be there was a WETH/MASK buying and selling pair.
An unrelated MetaMask rip-off involving tackle poisoning additionally occurred in January. Pockets, like many others, can be a frequent goal of phishing campaigns.
