Scam Alert: No, Vitalik Buterin Isn’t Inviting You to Vote for Ethereum (ETH) Fork

Ethereum

Unusual scam is targeting Ethereum (ETH) community participants: ETH holders are invited to take part in strange referendum

Today, September 5th, 2022, many Ethereum (ETH) enthusiasts as well as average holders of Ether and ERC-20 tokens recorded a “dust attack” on their wallets. While this method of raising awareness is typical of scam “airdrops,” high-risk schemes and other similar ventures, today’s attack is a special one.

No, Vitalik Buterin does not distribute governance tokens

According to statements by various Crypto Twitter users, today, at around 7:00 a.m. (UTC), someone started to spreading a mysterious ERC-20 token. While checking suspicious transactions on Etherscan explorer, people revealed that they received this token from the wallet of Ethereum (ETH) co-founder Vitalik Buterin.

Meanwhile, checking each transaction on the list, Ethereum (ETH) holders revealed that these transfers were actually initiated from a different address that had nothing to do with Vitalik’s portfolio.

The name of the token included the address of a suspicious website. On this site — that was created two days ago, according to public “whois” resources — people were invited to take part in a referendum.

The scammers said that each participant in this referendum will receive free Ethereum (ETH) tokens as long as their decision wins:

You will get Ethereum alongside voting power if your voting decision is chosen. Everyone can vote who received the […] token. Your token balance is your voting power.

No, You Can’t Fork Proof-of-Stake Ethereum With Your Crypto Holdings

The referendum question was the most interesting part of the scam: the fraudsters asked whether ETH holders supported or opposed Ethereum 2.0.

When pressing the “agree” or “disagree” buttons, the website required users to authorize phishing transactions in their MetaMask wallets. The distribution of Ethers between “winners” was scheduled for Sept. 25, 2022.

As previously covered by U.Today, Ethereum (ETH) is set to activate the merge update on September 15, 2022. This upgrade will replace the Proof-of-Work Ethereum (ETH) consensus with Proof-of-Stake (PoS). ) One.

Some mining enthusiasts are going to introduce ETHPoW coin as a fork of the initial Ethereum (ETH) codebase.

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