- This topic has 2 replies, 1 voice, and was last updated 1 month, 4 weeks ago by Routine-Whereas7113.
- Thursday, July 28th, 2022 at 02:03 #345781Mimile38Participant
I am a beginner interested in cryptocurrencies and DeFi. Today on BscScan I noticed that 13 days ago, someone sent 124.889 APC (ArenaPlay) tokens to one of my addresses. Here is the contract address of the token: [0xda2d21872999e700a715a1bda3153eb9079770bb](https://bscscan.com/token/0xda2d21872999e700a715a1bda3153eb9079770bb)
We can see that since several days, many addresses receive this amount of these tokens.
I’ve search for “ArenaPlay” on CoinMarketCap and found this page: [https://coinmarketcap.com/fr/currencies/arenaplay/](https://coinmarketcap.com/fr/currencies/arenaplay/)
We can see that this is not the same contract address, which makes me believe that it’s a fake APC token. But I’ve imported the token on PancakeSwap, and I found that this token is worth more than 3 USD, so someone would have sent me a $350 gift? Very strange (such generosity!).
Moreover, if I click “Enable APC”, the transactions fee is incredibly high. I’ve never seen such high fees on the BNB Smart Chain, and I suspect this is not normal.
Of course I’ve not confirmed the transaction.
What is your feeling about all this? Is this a scam? If so, what is the goal of the scammers and what is their modus operandi? If this is a fake token, how is it possible that PancakeSwap displays a value of more than 3 BUSD?
Thanks in advance to those who will answer me, I’m really trying to understand how this ecosystem works and to protect myself from scams.Thursday, July 28th, 2022 at 02:03 #345782Ivo_ChainNET
Do not interact with this token, or any other token sent to your address.
The contract code is not open source it could be doing anything. The approval fee is high because the contract is doing something shady in addition to adding the approval you’re requesting.Thursday, July 28th, 2022 at 02:03 #345783Routine-Whereas7113
As Ivo said, do not interact with this token. I have about 10 different tokens in my wallet that I have no idea what they are, they get sent by bots and if you approve the contracts for these tokens they will drain your account.
They are malicious
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