A fraudulent tool aimed at TON network users has announced its shutdown, citing a lack of significant investors as the reason. The hackers communicated their decision via screenshots shared by Scam Sniffer, a Web3 security firm, indicating that the absence of major players within the TON community has hindered their ability to operate effectively.
What Led to the Shutdown of Fraudulent Activities?
The scammers revealed that the modest size of the TON community fell short of their expectations. They expressed their frustration, stating, “There are no big whales in TON, making it difficult for us to operate. Therefore, we are shutting down our service.”
Where Should Users Focus Their Fraudulent Activities Now?
As they ceased operations on TON, the hackers urged users to redirect their fraudulent efforts towards the Bitcoin network. They claimed that this new focus could yield better profits, asserting, “If you enjoyed scamming on TON, you will be just as successful on the Bitcoin network.”
This development raises several important points:
– The TON network is gaining traction, despite the scammers’ departure.
– Fraudulent activities are shifting towards Bitcoin, indicating a potential rise in scams in that area.
– Users should be aware of new tactics employed by scammers, such as manipulating transaction comments to deceive individuals.
– Vigilance is crucial as the cryptocurrency market evolves.
Amidst these changes, Raz Niv, co-founder of Blockaid, noted growing interest in the TON network, highlighting the high-value transactions occurring within it. Users are urged to remain alert, as scammers continue to develop new strategies to exploit vulnerabilities in this increasingly popular network.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Source: https://en.bitcoinhaber.net/scammers-halt-operations-on-ton-network