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Home News Scam News

BREAKING NEWS: Polkadot scam currently underway – beware

Joshua O'Sullivan by Joshua O'Sullivan
October 30, 2020
in Scam News
3 min read
polkadot scam
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  • Polkadot scam giveaway event presented to members of the Official Polkadot Telegram group
  • Polkadot scam victims added to fake Polkadot Event Telegram group
  • Scam giveaway informs victims they will receive three times the amount of DOT they send.
  • DOT is currently priced at $4.12 per unit

Polkadot scam currently underway – beware

Currently underway, members of the official Polkadot Telegram group are being added to a scam ‘Polkadot (DOT) Event’ Telegram group shown below in the pictures below.

Upon discovery, the scam’s first falsehood is the Medium header, despite the URL being completely unrelated to Medium. Secondly, all buttons and normal functions of this page do not work or link to any external webpage. The one exception to this is the ‘click here to participate in the Polkadot (DOT) event’ link to the scam page.

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BREAKING NEWS: Polkadot scam currently underway - beware 1
BREAKING NEWS: Polkadot scam currently underway - beware 2
Polkadot scam link landing page

Upon scrolling down the page and clicking on this link, unsuspecting DOT owners are led to a page with a scam giveaway event (shown below). The event supposedly provides users with three times the amount of DOT they send to the featured address.

To try to evidence this, the webpage features false ‘real-time transactions’ and ‘values’ lower down the page beneath a countdown of the DOT left to giveaway.

BREAKING NEWS: Polkadot scam currently underway - beware 3

This giveaway has now been reported to Scam Alert.

The scam event began Polkadot (Official) members were added to another Telegram group named Polkadot (DOT) Event – shown below.

In this group, fake comments filled the chat to convince members of it’s authenticity. At this time, it is not yet confirmed how much DOT was sent to this address during the scam giveaway event.

BREAKING NEWS: Polkadot scam currently underway - beware 4
The scam giveaway Polkadot (DOT) Event group
BREAKING NEWS: Polkadot scam currently underway - beware 5
The Polkadot (Official) Telegram group

When scam events like this happen, it is vital to do the following:

  • Report it to Scam Alert
  • Report it to Cryptopolitan to broadcast it
  • Ensure any funds lost are reported as soon as possible to relevant body/company
Tags: bitcoin scamsCrypto Risks
Joshua O'Sullivan

Joshua O'Sullivan

Joshua has been a professional writer, editor and proofreader for close to a decade. He has created books, resuscitated multiple patients and managed to survive multiple life threatening experiences. With these experiences, he is always willing to strive to the challenge of any opportunity presented.

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