The token’s smart contract has a backdoor function that could potentially allow scammers to manipulate a user’s wallet balance.
Hackers are once again targeting the cryptocurrency scene, as a strange token tagged FTX 2.0 was recently created and is being airdropped to wallet addresses belonging to Justin Sun, Binance, and KuCoin. The token’s smart contract contains a backdoor function that could allow the hackers to burn the balance of any address that interacts with the token.
Following the creation of the token, the scammers sent its total supply, amounting to 1,000,000,000 (1 billion), to an FTX Exchange wallet address on January 19, 19:04 (UTC), as first detected by blockchain security platform Peck Shield through its Twitter handle today.
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