Friday, February 26, 2021

Cardano Foundation Warns the Community of a False Link Going Round

Cardano Foundation, the non-profit organization behind Cardano ecosystem has recently ditched out a message of warning to the community members, regarding a false link cardano-event[.]info going round at the moment.

Con Artists in the crypto community have always used means to get their ways into a fraudulently acquired fortune, which has led to many losing their hard-earned funds.

Some of these perpetrators come in the form of a legitimate firm or organization in the industry to defraud their followers and investors. This may not go away soon, but crypto community members have to be highly security conscious, so as not to fall victim of their coordinated fraud.

Beware! Neither Cardano Foundation nor IOHK Does ADA Giveaway

The Foundation took to Twitter a few minutes ago to warn its community members of a link created by unknown persons, to make them believe what is totally false.

According to the Scam Alert, Cardano-event[.]info is specifically created to defraud innocent users of their funds, stating that both Cardano Foundation and IOHK run no giveaway program.

The Foundation tweeted, “SCAM ALERT! There is currently a link being distributed which is not from Cardano Foundation and is false: “cardano-event[.]info” Neither Cardano Foundation nor IOHK are giving out free ada. Please help us spread the news & help prevent fraud.”

Crypto Investment Scam Activities Revealed By Cardano Foundation in the Past

There were instances in the past where the Foundation warned its community members of likely scam activities such as the recent warning shared.

Sometimes in July 2020, the Foundation warned its users to distance themselves from someone claiming to be contracted by the Caribbean cryptocurrency exchange BTCNEXT and admitted to being familiar with the Cardano core members.

Back then Cardano Foundation warned users as follows:

“Neither the Cardano Foundation nor any of its ecosystem partners are in any way associated with BTCNEXT, and they are also not our partners of any sort.”

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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