The post Monad CTO Warns of Spoofed MON Token Transfers After Network Debut appeared on BitcoinEthereumNews.com. Fake token transfers on Monad emerged shortly after the network’s launch, with bad actors spoofing ERC-20 transactions to impersonate legitimate activity. Monad’s CTO James Hunsaker confirmed these spoofing attempts are not bugs but malicious smart contracts mimicking real transfers without wallet approvals, urging users to verify transactions carefully. Bad actors initiated spoofing within 48 hours […] Source: https://en.coinotag.com/monad-cto-warns-of-spoofed-mon-token-transfers-after-network-debutThe post Monad CTO Warns of Spoofed MON Token Transfers After Network Debut appeared on BitcoinEthereumNews.com. Fake token transfers on Monad emerged shortly after the network’s launch, with bad actors spoofing ERC-20 transactions to impersonate legitimate activity. Monad’s CTO James Hunsaker confirmed these spoofing attempts are not bugs but malicious smart contracts mimicking real transfers without wallet approvals, urging users to verify transactions carefully. Bad actors initiated spoofing within 48 hours […] Source: https://en.coinotag.com/monad-cto-warns-of-spoofed-mon-token-transfers-after-network-debut

Monad CTO Warns of Spoofed MON Token Transfers After Network Debut

Fake token transfers on Monad emerged shortly after the network’s launch, with bad actors spoofing ERC-20 transactions to impersonate legitimate activity. Monad’s CTO James Hunsaker confirmed these spoofing attempts are not bugs but malicious smart contracts mimicking real transfers without wallet approvals, urging users to verify transactions carefully. Bad actors initiated spoofing within 48 hours […]

Source: https://en.coinotag.com/monad-cto-warns-of-spoofed-mon-token-transfers-after-network-debut

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