Amazon Crypto Token Presale Scam Trends Again – Don’t Buy AMZ

Amazon Crypto Token Presale Scam Trends Again - Don't Buy AMZ

Source – Avast

No, there is not an Amazon token presale, or any upcoming Amazon crypto coin – an previous crypto rip-off from 2021 is again and trending on-line. Don’t get tricked.

Fake Amazon Token Presale

Back in December Avast antivirus wrote a weblog submit ‘Beware of a New Amazon Token Crypto Scam’.

They posted screenshots of pretend Amazon crypto adverts which seem like posted by CNBC, The Guardian, Yahoo and so on. however are actually copycat domains arrange by scammers. 

Fake engagement is then added utilizing bots – faux feedback, likes, shares and so forth. 

Often when this type of crypto rip-off seems on social media platforms together with Twitter the feedback are additionally locked, stopping actual customers from writing that it is a rip-off.

Is There a Real Amazon Crypto Token?

As far again because the 2017 bull run and prior, the concept that ‘Amazon is shopping for Bitcoin’ or investing in cryptocurrency in some kind has led folks to FOMO into positions. 

Then got here the rumor that the retail big might even launch an Amazon crypto token – which by no means materialized, and was primarily based on a job advert.

Amazon has expressed curiosity in crypto and NFTs, and did rent a ‘Digital Currency and Blockchain Product Lead’, however has by no means began its personal crypto token nor indicated it is going to.

As identified by YouTubers this week the AMZ token, or its different names ‘AMZTRX’, ‘AMZD2X’ or comparable is a very faux Amazon crypto venture.

According to Ahrefs key phrase knowledge ‘Amazon token presale’ is searched in Google 2,000 occasions a month, and ‘Amazon crypto’ double that – and Avast estimated that this crypto rip-off netted $100,000 or extra for the perpetrators as of late final 12 months.

Avoiding Crypto Presale Scams

Always do your individual analysis diligently into new crypto initiatives and token presales, getting a second opinion from locations like Reddit, unbiased crypto YouTube channels, and respected crypto merchants on Twitter.

Often crypto scams use damaged English, faux web sites, and impersonate actual crypto influencers or present initiatives.

Never click on hyperlinks despatched to you unsolicited, or talk one on one through DM – admins of crypto Telegram teams for instance won’t ever direct message you first asking you to ‘validate your pockets’, or give them your seed phrase.

If it sounds too good to be true, it doubtless is. We’ve reviewed a number of official crypto presales on this web site, verified by third celebration auditing websites corresponding to Solid Proof and CoinSniper.

Compiled by Coinbold

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