On July 28, independent blockchain investigator Wazz warned about the largest $Neiro token on the Ethereum network, labeling it a potential honeypot scam.
On July 28, independent blockchain investigator Wazz warned about the largest $Neiro token on the Ethereum network, labeling it a potential honeypot scam. Wazz highlighted a specific Neiro meme token, identified by the Ethereum address "0x3ad4f189f08cdc60496eeBb3bd70B90dF28B7455," as particularly concerning.
According to Wazz, the token's owner is actively using the AutomatedMarketMaker() function to modify the transfer() function, which likely blacklists new buyers. This method bypasses most automated scan tests, making it difficult for typical security measures to detect the scam.
Neiro is the new pet Shiba Inu of ‘Kabosumama,’ the owner of Kabosu, the late Shiba Inu behind the famous Doge meme. This has spurred a wave of Neiro memecoins on Solana and Ethereum over the weekend. However, the owner has clarified that she is not associated with any of these tokens.
Further investigation reveals additional suspicious indicators. Notably, the token has direct connections to wallets outside its ecosystem, raising concerns about the possibility of funds being redirected or manipulated. Additionally, the liquidity pool for the Neiro token is not locked, which means that the funds could be drained without notice, posing significant risks to investors.
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