Scam Alert: Fake CMC Tokens Offered to Community, CoinMarketCap Warns

Prominent cryptocurrency reference website, CoinMarketCap (CMC), has issued an important warning to the global cryptocurrency community. Scammers continue to spread fake crypto tokens, including counterfeit CMC listings, targeting crypto users worldwide and their funds.

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CMC’s crucial warning catches community’s eye

On its official X account, CoinMarketCap has warned crypto enthusiasts and professional investors and traders about the threat posed to the community by con artists as they continue to offer fake CMC tokens to users.

The data source has once again reminded the community that it does not have any native token or coin. And if anyone sees a promotion for such “CMC tokens”, this is fraudsters trying to pull their leg: “CoinMarketCap does NOT have a Token/Coin. If you see a promotion for CMC-Tokens, it is a Fake/Scam!”

Another important CMC warning

A day earlier, CoinMarketCap also warned the community about impersonators trying to contact retail crypto investors and traders.

The tweet states urges the crypto space to “BEWARE of scammers trying to impersonate CoinMarketCap members.” The CoinMarketCap team does not have any “phone number”, the tweet states. Besides, they would never start calling users anyway, the message says.

If there are any such cases or any doubts as to the legitimacy of those, the callers and/or their offers, the community should contact the CoinMarketCap team for verification.