Dear TronLink users,
As the digital asset space evolves, fraudulent activities involving deceptive addresses are also on the rise, putting your assets at risk. To help you safeguard your funds and enjoy a secure experience on TronLink, we've put together this guide on identifying and avoiding address-related scams. Pay special attention to the following common address-related scams during transfers:
I. "Risky" Address Scam: Be cautious of any labels indicating an address is "Risky". Never transfer funds to an address marked as risky without verifying the recipient's identity.
II. "Similar Address" Scams
These scams, though conventional, are more complex and typically involve the following steps:
- Target: Scammers identify and track active wallets with a history of large USDT transactions, particularly those with frequent and substantial fund movements.
- Monitor: Scammers do a thorough analysis of the transaction history of these wallets, focusing particularly on the addresses receiving funds.
- Generate Similar Addresses: Using address generators, scammers create addresses almost identical to the legitimate ones, often differing in only a few characters at the beginning or end.
- Make Misleading Transactions: Scammers send tiny amounts of USDT (e.g., 0.001 USDT) to the targeted wallets multiple times. This creates a deceptive transaction history with seemingly regular small transfers, increasing the chances of users mistakenly copying a similar address.
- The Fraud: When users need to transfer funds quickly, they may unknowingly copy and paste a scammer's "similar address" instead of the intended one, resulting in permanent loss of funds.
III. Security Measures:
To protect your assets from scams, please strictly follow the safety instructions below:
- Double-Check Addresses: Prior to initiating any transactions, carefully examine the receiving address, especially the beginning and ending characters.
- Use the Address Book: Add frequently used receiving addresses in your TronLink address book. This allows you to select from the list, reducing the risk of errors from manual input.
- Confirm Details: For large transactions, verify the address with the recipient through a secure communication method, such as an official contact.
- Be Cautious of Small Transactions: Treat unknown small transactions with caution as they could signal potential risks. Review your transaction history to identify any potential scam activities.
- Use Advanced Features: Consider using TronLink’s advanced security settings, such as multi-signature and security scans, for additional protection.
By implementing these measures, every TronLink user can effectively defend against scams and protect their assets during the digital financial journey. Act Now!