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Crypto Scams: DeepSeek Tokens Spread Rapidly

DeepSeek AI Model Sparks Crypto Scam Surge on Ethereum and Solana

  • Over 75 fake DeepSeek tokens emerged in one day, mainly on Ethereum and Solana.
  • DeepSeek has no official cryptocurrency or connection to the crypto market.
  • Scammers exploit the hype around AI-related projects to deceive traders.
  • A fake DeepSeek site mimics the real app, tricking users into connecting wallets.
  • Platforms like Uniswap and DexScreener collaborate to filter scam tokens from search results.

The rapid rise of DeepSeek, a Chinese AI model, has led to over 75 fraudulent tokens appearing on Ethereum and Solana. Despite having no official crypto ties, scammers leverage the AI project’s popularity to mislead traders. Efforts are underway by platforms like Uniswap and DexScreener to identify and exclude these scam tokens from user searches.

Source (2.6)https://decrypt.co/303037/scammy-deepseek-ai-crypto-tokens-solana-ethereum?rand=52368
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