If you’ve been around the crypto space for a while, you know the drill. Scammers never really take a day off. But this week, it feels like they’re getting a bit more brazen. Or maybe we’re just paying closer attention.
CoinMarketCap, the site a lot of us use to check prices and listings, has put out a couple of warnings. And honestly, they’re worth reading.
There’s No Such Thing as a “CMC Token”
The main thing they want everyone to know is simple: they don’t have a token. Not a coin, not a native currency—nothing. If you see someone promoting a “CMC token” or anything with their branding on it, it’s a straight-up scam. They posted it right on their X account, clear as day: “CoinMarketCap does NOT have a Token/Coin.”
It seems obvious, right? But you’d be surprised. These fake tokens pop up all the time, and they look convincing. They use official-looking logos and slick websites. They promise early access or some special perk. It’s all designed to create a sense of urgency, to make you click before you think.
I think that’s the part that gets people. The fear of missing out. You see something that looks legitimate, and you jump. But in this case, jumping means you’ll almost certainly lose your money.
Impersonators Are Calling, Too
Just a day before that warning, CoinMarketCap posted about another problem. Apparently, people are getting phone calls from folks pretending to be from their team. The message here was just as direct: “CMC does NOT have a phone-number and we will NEVER call you.”
That’s a big one. A random call out of the blue is almost always a red flag. No legitimate company is going to cold-call you about your investments. It’s just not how it works. If you get a call like that, the best thing to do is hang up. Don’t engage. Don’t give any information.
If you’re ever unsure about something, their advice is to contact their customer service directly for verification. Don’t use a link from a random email or a caller. Go straight to the official website.
It’s a constant game of cat and mouse. As soon as one scam is exposed, another one pops up. Staying safe means staying skeptical. Double-check everything. If an offer seems too good to be true, it almost certainly is. A little bit of caution can save you a world of trouble.
