Author

Topic: [Warning!] Fake Tether USD (ERC-20)! (Read 254 times)

legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
February 29, 2020, 09:49:29 AM
#7
Oh this scammers are getting desperate.
Creating fake exchanges and fake tokens
First time I see they are doing something like this
legendary
Activity: 2170
Merit: 1789
February 29, 2020, 04:04:37 AM
#6
Apart from what ETFbitcoin mentioned, you should not rely on anyone but yourself. Blaming explorers or something similar is silly as you can easily check them with ease. If you want to use crypto, you should be prepared to be aware about things like this.
full member
Activity: 236
Merit: 117
February 29, 2020, 02:29:10 AM
#5
Not only Tether USD there are many fake ERC20 tokens in the market. We need to identify the correct token before acquiring it. I had read a thread before about how to identify a fake ERC20 token. Maybe this would help us to identify the fake ERC20 tokens -
How to Identify whether some one has sent FAKE ERC20 token or not?
hero member
Activity: 1064
Merit: 639
February 29, 2020, 12:48:00 AM
#4

Everything has some benefits and some damages.
It is easy to make ERC20 tokens on the ethereum, so every other day there is a new ICO Announcement.

This is the reason that scamming has become very popular nowadays. It is enough to have the basic computer knowledge to make an ERC20 token.

Let's see how easy it is to create a scam token:
Code:
pragma solidity ^0.4.24;

// ----------------------------------------------------------------------------
// '0Fucks' token contract
//
// Deployed to : 0x5A86f0cafD4ef3ba4f0344C138afcC84bd1ED222
// Symbol      : 0FUCKS
// Name        : 0 Fucks Token
// Total supply: 100000000
// Decimals    : 18
//
// Enjoy.
//
// (c) by Moritz Neto with BokkyPooBah / Bok Consulting Pty Ltd Au 2017. The MIT Licence.
// ----------------------------------------------------------------------------


// ----------------------------------------------------------------------------
// Safe maths
// ----------------------------------------------------------------------------
contract SafeMath {
    function safeAdd(uint a, uint b) public pure returns (uint c) {
        c = a + b;
        require(c >= a);
    }
    function safeSub(uint a, uint b) public pure returns (uint c) {
        require(b <= a);
        c = a - b;
    }
    function safeMul(uint a, uint b) public pure returns (uint c) {
        c = a * b;
        require(a == 0 || c / a == b);
    }
    function safeDiv(uint a, uint b) public pure returns (uint c) {
        require(b > 0);
        c = a / b;
    }
}


// ----------------------------------------------------------------------------
// ERC Token Standard #20 Interface
// https://github.com/ethereum/EIPs/blob/master/EIPS/eip-20-token-standard.md
// ----------------------------------------------------------------------------
contract ERC20Interface {
    function totalSupply() public constant returns (uint);
    function balanceOf(address tokenOwner) public constant returns (uint balance);
    function allowance(address tokenOwner, address spender) public constant returns (uint remaining);
    function transfer(address to, uint tokens) public returns (bool success);
    function approve(address spender, uint tokens) public returns (bool success);
    function transferFrom(address from, address to, uint tokens) public returns (bool success);

    event Transfer(address indexed from, address indexed to, uint tokens);
    event Approval(address indexed tokenOwner, address indexed spender, uint tokens);
}


// ----------------------------------------------------------------------------
// Contract function to receive approval and execute function in one call
//
// Borrowed from MiniMeToken
// ----------------------------------------------------------------------------
contract ApproveAndCallFallBack {
    function receiveApproval(address from, uint256 tokens, address token, bytes data) public;
}


// ----------------------------------------------------------------------------
// Owned contract
// ----------------------------------------------------------------------------
contract Owned {
    address public owner;
    address public newOwner;

    event OwnershipTransferred(address indexed _from, address indexed _to);

    constructor() public {
        owner = msg.sender;
    }

    modifier onlyOwner {
        require(msg.sender == owner);
        _;
    }

    function transferOwnership(address _newOwner) public onlyOwner {
        newOwner = _newOwner;
    }
    function acceptOwnership() public {
        require(msg.sender == newOwner);
        emit OwnershipTransferred(owner, newOwner);
        owner = newOwner;
        newOwner = address(0);
    }
}


// ----------------------------------------------------------------------------
// ERC20 Token, with the addition of symbol, name and decimals and assisted
// token transfers
// ----------------------------------------------------------------------------
contract FucksToken is ERC20Interface, Owned, SafeMath {
    string public symbol;
    string public  name;
    uint8 public decimals;
    uint public _totalSupply;

    mapping(address => uint) balances;
    mapping(address => mapping(address => uint)) allowed;


    // ------------------------------------------------------------------------
    // Constructor
    // ------------------------------------------------------------------------
    constructor() public {
        symbol = "0FUCKS";
        name = "0 Fucks Token";
        decimals = 18;
        _totalSupply = 100000000000000000000000000;
        balances[0x5A86f0cafD4ef3ba4f0344C138afcC84bd1ED222] = _totalSupply;
        emit Transfer(address(0), 0x5A86f0cafD4ef3ba4f0344C138afcC84bd1ED222, _totalSupply);
    }


    // ------------------------------------------------------------------------
    // Total supply
    // ------------------------------------------------------------------------
    function totalSupply() public constant returns (uint) {
        return _totalSupply  - balances[address(0)];
    }


    // ------------------------------------------------------------------------
    // Get the token balance for account tokenOwner
    // ------------------------------------------------------------------------
    function balanceOf(address tokenOwner) public constant returns (uint balance) {
        return balances[tokenOwner];
    }


    // ------------------------------------------------------------------------
    // Transfer the balance from token owner's account to to account
    // - Owner's account must have sufficient balance to transfer
    // - 0 value transfers are allowed
    // ------------------------------------------------------------------------
    function transfer(address to, uint tokens) public returns (bool success) {
        balances[msg.sender] = safeSub(balances[msg.sender], tokens);
        balances[to] = safeAdd(balances[to], tokens);
        emit Transfer(msg.sender, to, tokens);
        return true;
    }


    // ------------------------------------------------------------------------
    // Token owner can approve for spender to transferFrom(...) tokens
    // from the token owner's account
    //
    // https://github.com/ethereum/EIPs/blob/master/EIPS/eip-20-token-standard.md
    // recommends that there are no checks for the approval double-spend attack
    // as this should be implemented in user interfaces
    // ------------------------------------------------------------------------
    function approve(address spender, uint tokens) public returns (bool success) {
        allowed[msg.sender][spender] = tokens;
        emit Approval(msg.sender, spender, tokens);
        return true;
    }


    // ------------------------------------------------------------------------
    // Transfer tokens from the from account to the to account
    //
    // The calling account must already have sufficient tokens approve(...)-d
    // for spending from the from account and
    // - From account must have sufficient balance to transfer
    // - Spender must have sufficient allowance to transfer
    // - 0 value transfers are allowed
    // ------------------------------------------------------------------------
    function transferFrom(address from, address to, uint tokens) public returns (bool success) {
        balances[from] = safeSub(balances[from], tokens);
        allowed[from][msg.sender] = safeSub(allowed[from][msg.sender], tokens);
        balances[to] = safeAdd(balances[to], tokens);
        emit Transfer(from, to, tokens);
        return true;
    }


    // ------------------------------------------------------------------------
    // Returns the amount of tokens approved by the owner that can be
    // transferred to the spender's account
    // ------------------------------------------------------------------------
    function allowance(address tokenOwner, address spender) public constant returns (uint remaining) {
        return allowed[tokenOwner][spender];
    }


    // ------------------------------------------------------------------------
    // Token owner can approve for spender to transferFrom(...) tokens
    // from the token owner's account. The spender contract function
    // receiveApproval(...) is then executed
    // ------------------------------------------------------------------------
    function approveAndCall(address spender, uint tokens, bytes data) public returns (bool success) {
        allowed[msg.sender][spender] = tokens;
        emit Approval(msg.sender, spender, tokens);
        ApproveAndCallFallBack(spender).receiveApproval(msg.sender, tokens, this, data);
        return true;
    }


    // ------------------------------------------------------------------------
    // Don't accept ETH
    // ------------------------------------------------------------------------
    function () public payable {
        revert();
    }


    // ------------------------------------------------------------------------
    // Owner can transfer out any accidentally sent ERC20 tokens
    // ------------------------------------------------------------------------
    function transferAnyERC20Token(address tokenAddress, uint tokens) public onlyOwner returns (bool success) {
        return ERC20Interface(tokenAddress).transfer(owner, tokens);
    }
}

Original: https://github.com/bitfwdcommunity/Issue-your-own-ERC20-token/blob/master/contracts/erc20_tutorial.sol
full member
Activity: 261
Merit: 100
Win 10,000$ Daily - click on sig
February 28, 2020, 02:02:46 PM
#3
Thanks for the warning we must be extremely careful when sending to contracts.
Its easy and anybody can create ERC20 token, explorers should issue warning Cheesy
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
February 28, 2020, 01:47:56 PM
#2
It is sad to see people being victims of so obvious scam.
One should only buy tether from reliable exchanges imo.
legendary
Activity: 2310
Merit: 2073
February 28, 2020, 01:28:42 PM
#1
Today on Russian Youtube channel "cryptonist" there was a conversation about fake tokens Tether USD (ERC-20) and the host of the channel asked to share this information. According to him, just recently one person received a transaction of fake Tether USD tokens during an exchange transaction and now he has no opportunity to get rid of them as they are fake.

I suppose it would be useful for beginners to know that when receiving Tether USD (ERC-20) tokens, it is not only the transaction at etherscan.io that needs to be checked.

The best way to make sure you get real tokens is to check your balance through one of your wallets: Trezor, Ledger, Exodus, etc.

If you don't have an opportunity to check balance through your wallet, check the contract address.



The real contract address is 0xdac17f958d2ee523a2206206994597c13d831ec7.





The fake contract address is 0x74b16a4213a79cb85a4233a45fa76f34bf2d0d19.





Another fake contract address is 0x03806B2012651504CD2A40415755F9404EFAcdB2.





Very carefully check the transactions you receive if you have received them when trading off the exchange market or exchanger!

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