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    Animoca Token Is Fraudulent! Animoca Brands Denounces

    By TheoFebruary 17, 2022Updated:February 18, 20222 Mins Read
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    Animoca Brands warned the NFT community that the new ERC-20 token, Animoca Brands Metaverse token, listed on Uniswap is a scam! In addition, they have nothing to do with it in any way, shape or form. So those who bought it should immediately protect their accounts to prevent further risk and exposure.

    Animoca Brands Token is a Scam
    Beware! Animoca Brands Metaverse token is a scam! Credit: Jumpstart Magazine

    Animoca Brands Metaverse Token

    The Animoca Token is fundamentally fraudulent because it claims to be associated with the Hong Kong-based company driving digital property rights via NFTs. So this clear misrepresentation is definitely in bad faith.

    The NFT industry giant urges the community to stay away from this fraudulent token and any related activities. This means complete disregard and interaction on social media channels and messaging apps. In short, you should not interact with this token or the scammers behind it in any manner. As for those who already bought the tokens or received them via airdrop, extra steps are necessary. For example, they should consider switching to a new wallet immediately in order to reduce vulnerability to future scams.

    It looks like the game publisher giant will take legal action against the team behind the Animoca Brands token. The statement reads: Animoca Brands reserves the right to take necessary actions against the operators of the fake token. If ever, the offenses would include copyright infringement, impersonation and misrepresentation.

    Animoca Brands also reiterated that they and their operated projects would never directly reach out to individuals to arrange sales of tokens. Meanwhile, their legitimate products and activities are available on the website.

    Furthermore, if you have any information about the scam and its operators, or any other suspected fraud, you can report it to [email protected].

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    All investment/financial opinions expressed by themediaverse.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Animoca Brands Animoca Brands Metaverse Token NFT Scame
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    Theo
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    Theo is NFTevening co-founder. He has been in the digital marketing & Media industry for the past 7 years and is involved in several big publishing companies - Reaching 35Millions users monthly across 20 different countries. He is a nostalgic gamer, a Witcher-fan and a huge NFT-enthusiast !

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