Fake TronScan.org Site Emerges Trying to Trick TRON (TRX) Users from Official TronScan.org Home


There have been several reports showing some websites that pretend to be Tronscan-org and that are stealing users’ funds. Tronscan.org is the home of the Tron Foundation's official blockchain explorer, wallet and decentralized exchange (DEX).

Tron has been operating in the market with its own mainnet since May 2018. Tronscan.org was launched a few days later as a decentralized block explorer and wallet for Tron’s TRX coin. At the same time, users at Tronscan can use a decentralized exchange that was added back in September.

TRC10 tokens can be built with just very little programming knowledge by paying 1,024 TRX. TRC20 tokens integrate smart contacts using Solidity as programing language. Thus, that means that the coins are compatible with ERC20 tokens.

There are two types of Tronscan scams. The first one is related to a different website offering the same services as Tronscan.org. Indeed, the name of this site was Tronscan.com rather than Tronscan.org. Nevertheless, the site was taken down the next day.

There were other sites such as Tronscan.me and Tronscan.in that were shown as Google advertisements. However, according to some Twitter users, these pages were not shown in Google when an individual searched for them.

It is also possible to create exit scams in which users can distribute ERC10 tokens and raise funds for them. However, these coins are linked to false projects and fraudulent teams that just want to steal users’ funds. Once investments are processed, the scammers go away with the funds, leaving investors without anything.

There have been several scams that affected investors and users in the cryptocurrency market and from the Tron community. Users started to blame the Tron Foundation and Justin Sun, but none of them is responsible for what scammers do. Moreover, Tron exit scams are not the only scams performed in the market. During the Initial Coin Offering (ICO) rush, there have been hundreds of scams affecting the whole market.

It is important for users to be careful about how they invest their funds and how to deal with scammers. If there is a project that offers investments that sound too good to be true, then this is a red flag.

Bitcoin-BTC-Ethereum-ETH-XRP-Ripple-and-EOS-Price-Analysis-Watch-Feb-19th

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.

1 comment

by Newest
by Best by Newest by Oldest
Bitcoin Exchange Guide