Categories: Market

Flare Networks warns of fraud with counterfeit FLR tokens

Flare Networks, the software program crew behind the event of Flare, an extremely anticipated EVM-compatible blockchain, has issued a warning of a brand new rip-off concentrating on followers of the community.

According to the crew’s official announcement on their Twitter account, somebody utilizing the area masquerading as Flare is providing Spark Token (FLR).

Fake FLRs are offered in Lobster, centralized pockets primarily based on Stellar. Additionally, FLR is not the one faux token provided by these scammers.

Flare Networks affirms that the native core asset FLR can’t be purchased due to the Flare blockchain not launching its mainnet. The only possibility proper now could be to purchase the FLR IOU – obtainable on three main central exchanges: Bitrue, ZB.com, and Poloniex.

⚠️ An entity on the Stellar-based Lobstr pockets with the area offered counterfeit property – together with a counterfeit “FLR” token. Be cautious with this entity, and remember the people who find themselves attempting to promote your FLR. The solely FLR IOUs are on Poloniex, ZB, Bitrue. ️

– Flare (@FlareNetworks) September 2, 2021

“A company with a Stellar-based Lobstr wallet with the domain http://Xflare.network sold fake assets – including fake “FLR” tokens. Beware of this entity and beware of folks attempting to promote you FLR. The solely FLR IOUs obtainable on Poloniex, ZB, Bitrue”. 

Tim Rowley, a flare fanatic and proprietor of FTSO.AU, the “oracle provider” for Flare, factors out that the price of FLR-based IOUs has nothing to do with the cost of the “real” FLR at launch.

Before the Flare Mainnet is launched, his Songbird “Canary Network” (SGB) will likely be up and operating within the subsequent few weeks.

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