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Beware of scams targeting the “Flare Network” project and its digital currency, FLR

Posted on November 28, 2022 by admin

Beware of scams targeting the “Flare Network” project and its digital currency, FLR

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Answer Beware of scams targeting the “Flare Network” project and its digital currency, FLR

A number of Discord servers connected to the Flare Network are under attack by hackers and scammers.

The “Flare Network” is a long-awaited Ethereum Virtual Machine (EVM) compatible blockchain network designed to bring smart contracts to non-software blockchain networks.

Beware: the “Flare Network” coin is not available for pre-sale

According to the announcement shared on a community-driven account from Flare (FLR), its Discord server is under attack by “scammers”.

A total of 96 bot accounts entered Discord and started aggressively promoting FLR crypto pre-sale offer that is purported to be distributed in May 2022.

Scammers have started sending messages to all Discord room members about the “inside” pre-show ahead of the official launch.

Read:Mexico’s central bank announces the launch date of its CBDC digital currency

The scammers announced that only members of the Discord community will be eligible for FLR cryptocurrency in advance and that the offer will be for a limited time only.

Discord officials immediately removed all the scammers involved and confirmed that the only legitimate way to get the FLR is to receive it during the free distribution to XRP holders and owners.

Flare Network hasn’t launched on the mainnet yet, so there are no FLR coins available to the general public.

What about the FLR/USDT trading pair on the Bitrue trading platform?

It is worth noting that similar scam campaigns were organized on the “Stellar Lobstr”-based wallet, where other scammers offered FLR cryptocurrencies at a 50% discount.

The FLR/USDT trading pair on Bitrue is present and the FLR digital currency can be traded by purchasing FLR-based IOUs on the Bitrue Central Trading Platform (BTR) platform.

Flare’s IOUs are available against the largest stablecoin (USDT), but cannot be withdrawn from the platform, the Flare community said.

Read:The NFT craze continues: Picture of a rock sold for $600,000 in Ethereum

Read also:

After the rapid crash…Can the digital currency LUNA reach $1?

Bitcoin Price Drops Below $29,000 After Classic Bull Trap…Still More Pain?


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