Multiple LUNA and Terra Scam Projects on BNBChain

Key Takeaways

  • PeckShield Team has has detected more than 100 LUNA and Terra projects are created on BNBChain.
Transactions Of The Scam Projects
Transactions of the Scam Projects

According to PeckShield, ~7 LUNA projects are Honeypot. ~1 Terra is at high sell tax and over 80 projects are at high risk due to insufficient liquidity or no BNB pair.

Not much information is available about these projects as they are not listed on any major crypto exchange, and we could not find their official website.

We have discussed some these projects like Baby Luna and Terra Luna Classic. After our investigation, we have found that both of these projects are scam. Here is the link our investigation, if readers want to know more:

  1. Is BabyLuna a Scam Project?
  2. Is Terra Luna Classic a Scam Project?

We will recommend our readers to be careful and perform their own research before investing in it. As crypto scams are increasing nowadays, our readers should stay alert.

Here are some Latest Scam Projects our readers should know about:
  1. Is NMSL NFT a Scam Project?
  2. Is Stocklandche a Scam Project?
  3. Is Farmer Thief a Scam Project?
  4. Is Crown a Scam Project?
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Yash Kamal Chaturvedi

Btech Computer Science, Maharshi Dayanand University, Rohtak (2023)

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