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<p class="is-style-lead">Blockchain security firm PeckShield has detected multiple fake Worldcoin tokens amid the recent launch of OpenAI CEO’s cryptocurrency.&nbsp;</p> 
<p>PeckShield identified two fake Worldcoin tokens circulating on the <a href="https://crypto.news/price/ethereum/" data-type="URL" data-id="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">Ethereum</a> network. The first demonstrated a staggering 100% price drop, indicating its dubious nature. It quickly became evident that it was a rug pull, posing severe risks to unsuspecting investors.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> PeckShield has detected that a fake <a href="https://twitter.com/hashtag/Worldcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Worldcoin</a> rugged. <a href="https://t.co/TOhOpZc3Wn" target="_blank" rel="noopener noreferrer nofollow">https://t.co/TOhOpZc3Wn</a> <br>The fake <a href="https://twitter.com/hashtag/WorldCoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#WorldCoin</a> has dropped -100%. <br>The Deployer 0x477aF2 has interacted with <a href="https://twitter.com/hashtag/SimpleSwap?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#SimpleSwap</a> and <a href="https://twitter.com/hashtag/MEXC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#MEXC</a> , and originally funded 161.6 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> from <a href="https://twitter.com/hashtag/MEXC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#MEXC</a> <a href="https://t.co/4idBsxtSrm" target="_blank" rel="noopener noreferrer nofollow">https://t.co/4idBsxtSrm</a> <a href="https://t.co/wY8QZcyWdV" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/wY8QZcyWdV</a></p>— PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1683375306382647296?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 24, 2023</a> 
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<p>The deployer address 0x477aF2 was involved with well-known <a href="https://crypto.news/learn/what-is-a-cex-a-beginners-guide-to-centralized-crypto-exchanges/" rel="noopener noreferrer nofollow">crypto platforms</a> SimpleSwap and MEXC. Further investigation revealed that the perpetrator had initially funded the fake Worldcoin with a substantial amount of 161.6 ETH, originating from the MEXC exchange. This discovery highlights the potential link between fake tokens and illicit activities on cryptocurrency exchanges.</p> 
<p> You might also like: <a href="https://crypto.news/openai-ceos-worldcoin-set-to-launch-on-july-24/" rel="noopener noreferrer nofollow"> OpenAI CEO’s Worldcoin set to launch on July 24 </a> </p> 
<p>PeckShield also unearthed another fraudulent Worldcoin token identified as “$WLD.” This newly created fake token was deployed within the last hour as perpetrators seek to exploit the excitement surrounding the official Worldcoin launch.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/PeckShieldAlert?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#PeckShieldAlert</a> PeckShield has detected PeckShield has detected a newly created fake <a href="https://twitter.com/hashtag/Worldcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Worldcoin</a> <a href="https://twitter.com/search?q=%24WLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$WLD</a> <a href="https://t.co/8BB8xJADWO" target="_blank" rel="noopener noreferrer nofollow">https://t.co/8BB8xJADWO</a><br>The fake <a href="https://twitter.com/hashtag/Worldcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Worldcoin</a> was deployed within the last hour, and the deployer originally funded it with 1 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> from <a href="https://twitter.com/hashtag/Rollbit?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Rollbit</a>. Do *NOT* fall prey to it <a href="https://t.co/3OnjQ71tM8" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/3OnjQ71tM8</a></p>— PeckShieldAlert (@PeckShieldAlert) <a href="https://twitter.com/PeckShieldAlert/status/1683389898831859712?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 24, 2023</a> 
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<p>The deployer address behind this fake token was funded with a single ETH from the crypto platform Rollbit. </p> 
<p>On the same day, July 24, as the fake token discoveries, the genuine Worldcoin (WLD) officially launched. The coin is already listed on major platforms, such as Binance and Gate.io.</p> 
<p> Read more: <a href="https://crypto.news/what-is-worldcoin-the-iris-scanning-crypto-project-that-sparks-privacy-debates/" rel="noopener noreferrer nofollow"> What is Worldcoin: the iris-scanning crypto project that sparks privacy debates </a> </p>

Fake Worldcoin tokens spread just after launch

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