TLDR
Earlier, I wrote an article for CryptoCoin.News about frontrunning DEX trades. What struck me were the sheer lengths some crypto scammers are apparently willing to go, just to rip people off their hard-earned money.
After all, we live in a world where you could just impersonate some famous crypto celebrity, upload one of his videos to a fake YouTube account, drop your wallet address in the video description and promise the viewer to return twice the amount sent to the address. Easy bucks.
Typically, crypto scams don’t reward effort. They usually target inexperienced and gullible users in such a way that these schemes can be repeated over and over again. This is how scammers maximize their return on investment.
The fake frontrunning bot is not one of these. These are highly sophisticated scams targeting advanced crypto users and boy, does this rabbit hole run deep. Here’s what I found.via the TL;DR App
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