Scammers Impersonate CoinMarketCap to Sell Fake ‘CMC’ Tokens

Source: AdobeStock / prima91

In an attempt to defraud potential users, scammers hacked major crypto market data providerĀ CoinMarketCap‘s CrypTown social network and published links to a fake token sale.

According to screenshots shared by users, theĀ Binance-owned CoinMarketCap’s verified account shared a post teasing the crypto data aggregator’s token presale. “Official CoinMarketCap Presale,” the post read, before asking users to click on a seemingly fake link to buy “CMC” tokens.

While CoinMarketCap has not directly addressed the incident, the data aggregator did issue a notice, warning users that it would never ask for money, private keys, or any other personal information.

“CoinMarketCap is a data aggregator media service. We are NOT hosting a Pre-Sale for CoinMarketCap Tokens. Beware of scammers impersonating us,” the data aggregator said.

Meanwhile, technically, analysts argue that the scam was easy to spot.