FinTelegram reports on a $50 million crypto token scam that presents itself as the project of Facebook founder Mark Zuckerberg. Meta Platforms, Inc. is the new name of Zuckerberg’s company that operates the world’s largest social media platforms, Facebook and Instagram, as well as the messenger service WhatsApp. Currently, the META Token is being sold via the Meta ICO website (https://meta-ico.com) with the logo of Zuckerberg’s company and a picture of Mark Zuckerberg, labeled as the founder.
A total of 15 million META tokens are expected to be sold in the pre-sale. Stay far away; this is a scam and has nothing to do with Zuckerberg.
The META Token ICO scam is being run in the Philippines, FinTelegram sources report. The 15 million META tokens are sold at $3.31 each, which would bring the scammers around $50 million. The token can only be purchased with other cryptocurrencies such as BTC, ETH, Doge, BNB, or TUSDT. Allegedly, 12.2 million META tokens have already been sold, claims the website.
The website states Meta LLC as the operator but does not provide further information, FinTelegram states.