Since November 2023, there has been an increase in scams targeting Toncoin holders due to the growing interest and investments in TON. The attackers have been promoting a sophisticated referral scheme to fraudulently obtain TON tokens from users. The victims are coerced into purchasing “boosters” through a bot, as scammers claim that this action is necessary to start earning money.
However, buying a booster results in the user giving up control over their cryptocurrency. The scammers lure users with promises of earnings from both a flat payment of 25 TON for each referred friend and a commission based on the booster rate purchased by referrals. According to Kaspersky, users have lost between $2 and $2,700 to these scams.
In the meantime, TON’s prices have seen a 10% increase each month, largely attributed to various initiatives involving the Telegram messenger.
