1 year ago
A token that’s designed to fool users into reasoning it's an authentic mentation of Aptos temporarily unopen down services connected Korean speech Upbit for the APT token aft immoderate were capable to deposit and currency retired the counterfeit coin.
According to on-chain data, the token, which originated from the airdrop scam tract ClaimAPTGift.com, is held by astir 400,000 wallets.
On X (formerly known arsenic Twitter), 1 idiosyncratic highlighted a bug connected Upbit that caused the speech to judge the fake tokens due to the fact that it didn’t thoroughly cheque the underlying root code.
During the deposit process of $APT coins connected UpBit, determination was an oversight successful verifying benignant arguments, causing each transfers to beryllium identified arsenic autochthonal APT tokens. Under modular protocols, definite checks should differentiate tokens, but this wasn't the case, idiosyncratic MingMingBBS, co-founder of Tuna_Bot, said to Definalist.
"Amidst the misfortune, the scammer's token's decimal quality from the autochthonal token prevented what could person been a important marketplace disruption. If not for this decimal difference, users mightiness person been credited 10 times their expected value," they continued.
While deposits and withdrawals were temporarily suspended, Upbit resumed services for the token by Sunday nighttime Korea time, it said successful a statement.
Edited by Parikshit Mishra.
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