Scammers Profile Link: https://bitcointalksearch.org/user/verwerking-2484534
Reference Link: https://bitcointalksearch.org/topic/we-are-gonna-make-it-5078652
Archived: Reference
There is attempting to scam unsuspecting traders by selling Fake LOOM tokens in exchange for their Ethers on Etherdelta while claiming that "the token price on Etherdelta is at lower price compared to the price of other exchanges like Binance, In other words "the trader will make profit from selling them off in Binance"
Fact is once you buy these tokens, you won't be able to sell them any where. Your Ethers will be gone while you are left with fake tokens
Proof
The real contract address of LOOM Network tokens is here: https://etherscan.io/address/0xa4e8c3ec456107ea67d3075bf9e3df3a75823db0
This contract address for fake LOOM Network tokens on Etherdelta is: https://etherscan.io/address/0x2e685a1d919fea5aa294d0ee794f492fd9e93611
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fgu8uKS3.png&t=670&c=ZEGKtznMOOrWjA)
Loom Network is over 6 months old but the fake contract address is showing transactions starting 6 days ago and the funniest thing is they are only 12 transactions. For a big successful project like loom Network, that's an absolutely low number of transactions
Additional Notes: DO NOT BUY THE TOKENS ON ETHERDELTA OR OTHER DECENTRALISED EXCHANGES BEFORE CHECKING THE CONTRACT ADDRESS