Ledger, one of the largest cryptocurrency wallet companies, warned investors about a fake token.
According to the statement made by Ledger’s support team, fraudsters are on Binance Smart Chain. A fake token using the name Ledger created.
According to Blockchain data, with this contract so far More than 540 transactions done.
Due to the design of the token, users can switch to this token through swap transactions. But they cannot withdraw their money. This method, known as the “one-sided swap” transaction, is frequently used by fraudsters on decentralized finance (DeFi) platforms.
Ledger support team, “Please avoid swapping with this token as your funds will be stolen as a result.” he warned.