Increase in Solana Scams! Vietnamese Students’ Tuition Fees Scammed
The price of Solana has been continuously skyrocketing since October this year, stimulating the flourishing development of its ecosystem. The NFT trading volume on Solana has recently surpassed that of Bitcoin and Ethereum, attracting a lot of attention from the crypto community and bringing in a significant amount of capital.
With the influx of attention and hot money, the number of scams on Solana has also multiplied. Kamar Mad, a 20-year-old Vietnamese student, shared his experience of being scammed on the social platform X, hoping to remind everyone to be extra cautious when interacting online.
Kamar Mad stated that three days ago, a scammer claiming to be from the Solana DeFi project Kamino Finance, lured him into using a fake Kamino website through private messages. At that time, he didn’t realize it and directly entered his private key, resulting in the theft of all the crypto assets in his wallet.
Kamar Mad further revealed that his Mad Lads NFT was sold by the scammer for 230 SOL (approximately 550,000 New Taiwan Dollars). He has cherished this NFT since its minting.
What’s even more heartbreaking is that the stolen funds were originally his mother’s contribution towards his tuition fees.
Faced with this significant loss, Kamar Mad sought support from the Mad Lads NFT community and the crypto community, hoping that kind-hearted individuals could help him overcome this difficult situation.
Stay Away from Crypto Scams! Embrace the “Four Don’ts” Principle
Scams have always been one of the most criticized aspects of cryptocurrencies, especially for newcomers to the crypto world, with nine out of ten having experienced being scammed.
In addition to understanding basic security knowledge and maintaining vigilance, the following “four don’ts” principle can help everyone avoid the traps hidden in the crypto world.
First: Do not trust private messages or emails from strangers
Scammers often impersonate representatives of well-known projects or technical support, sending malicious links through private messages or emails. If you receive such messages, do not click on them or provide any personal information, such as private keys or passwords.
Second: Do not engage in transactions with unknown origins
In cryptocurrency transactions, once a transaction is completed, it is irreversible. Therefore, before engaging in a transaction, carefully check the credibility of the counterparty.
Third: Do not participate in unclear investment schemes
The market is full of investment schemes claiming to make quick profits, but most of them are scams. Before investing in any project, conduct in-depth research to understand the project’s background, team, and operating model.
Fourth: Do not store a large amount of assets on unverified platforms
For safety reasons, do not store a large amount of crypto assets on unverified platforms or wallets. There are many false or insecure wallets and trading platforms in the market that may close down or be hacked without any warning.
Therefore, it is recommended to store most assets in highly secure and reputable cold wallets or well-known exchanges. Additionally, the need for trading and storage should be diversified across different platforms to spread the risk.
In the world of cryptocurrencies, security always comes first.
Proofreading Editor: Gao Jingyuan