A fraudulent token scheme has been identified circulating on the Base network. The project operating under the Snowball branding is flagged as a scam attempt targeting unsuspecting traders. This represents another case of deceptive tokenomics and rug-pull mechanics designed to exploit retail participants in the Web3 ecosystem. Community members are advised to exercise extreme caution and conduct thorough due diligence before engaging with unfamiliar tokens, particularly those with limited verifiable team information or suspicious contract mechanics. Security audits and transparent project documentation remain critical safeguards in assessing token legitimacy.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)