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home / articles / X - Fake Aptos Token Fools Upbit Users Cash Out Millions Before Exchange Suspends Services | Benzinga


X - Fake Aptos Token Fools Upbit Users Cash Out Millions Before Exchange Suspends Services | Benzinga

A counterfeit token mimicking the genuine Aptos (CRYPTO: APT) token led to a temporary suspension of its services on the Korean exchange Upbit.

This was due to some individuals successfully depositing and withdrawing the imitation coin.

Data from the blockchain revealed this fake token, stemming from the dubious airdrop site ClaimAPTGift.com, is now in the possession of around 400,000 digital wallets, Coindesk reported.

This event, which highlighted the vulnerabilities in the crypto space, came just before Benzinga's Future of Digital Assets conference on Nov. 14. The conference is ...

Full story available on Benzinga.com

Stock Information

Company Name: United States Steel Corporation
Stock Symbol: X
Market: NYSE
Website: ussteel.com

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