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Luna 2.0: Scammers fake Luna Airdrop

 


The real LUNA Airdrop takes place today. But criminals take advantage of the upcoming event and create fake LUNA airdrops.


PeckShield, a specialist in blockchain analysis and security, warned about these LUNA airdrops on its Twitter profile last Thursday.

As seen in the image, scammers sent units of the newly created “Wrapped LUNA 2.0” to Terra Deployer from an anonymous address on the Ethereum network. These tokens were then redistributed to various wallets. Among them were public addresses from big names in the industry such as Vitalik Buterin, Andreesen Horowitz and Justin Sun.


The whole thing should give the possible scam more authenticity. This should make other users think that the addresses are actually the source of the real LUNA 2.0 airdrop. In this way, the criminals expected UST and LUNA holders to send their assets off the Terra blockchain, hoping to receive the new cryptocurrency through the supposed LUNA airdrop.  


It's not uncommon for tokens to be sent to public addresses of respected individuals. Shiba Inu (SHIB), for example, sent a large amount of its supply to Buterin last year. He burned most of those assets and donated the rest to Covid-19 funds.


Although the prices of both tokens have fallen, sending large amounts of tokens could earn scammers big profits. So far, no users who fell for the scam have been identified.


As announced on Wednesday, the majority of users approved the proposal to rebuild the Terra network. The proposal includes a plan to hard fork the blockchain and then create a new network from scratch.


The new blockchain will be managed in a decentralized way by the community and control is no longer in the hands of Do Kwon and Terraform Labs. LUNA 2.0 will be the network's native token. The current LUNA token will remain on the collapsed blockchain and will be renamed LUNA Classic.


Four user groups holding the former LUNA token and the UST token are eligible to participate in the new LUNA Airdrop . The amount of the LUNA airdrop will depend on whether the holders bought the tokens before or after the collapse of the Terra ecosystem.


Disclaimer

All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general information purposes only. Any action taken by the reader based on the information found on our website is entirely at their own risk.

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