Cardano Continues To Lead All Blockchains Based On Average Daily Development Activity
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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.

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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

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.