ETC Cooperative warning the public against an alleged scam calling EAgharta in resonance with Agharta hard fork
According to the ETC Cooperative, they uncovered an alleged scam calling itself “EAgharta” in resonance with ETC’s bona fide “Agharta” hard fork. Accordingly, the Ethereum Classic development organization is warning the public against a scam that may be trying to exploit users the day after the Altcoin completed its hard fork.
Needless to say, “EAgharta” is a complete scam, probably from the same people who did something very similar at Atlantis.
Stay away. ETC Agharta did not result in new “Agharta coins”. They are just trying to scam you. pic.twitter.com/BlaIBA3is4
— ETC Cooperative (@ETCCooperative) January 13, 2020
The ETC Cooperative is an organization that oversees and deploys funds from Grayscale Investments to develop the Ethereum Classic network. The cooperative’s spending policy supports the development of the Ethereum Classic network, infrastructure, and related applications.
Ethereum Classic cooperative warns the public about a new scam EAgharta
On January 12, Ethereum Classic activated the Aghart hard fork to improve protocol interoperability. Also, introduce new changes to its Blockchain through the Constantinople and St. Petersburg last year.
The hard fork event seems to have prompted the fraud organizations behind EAgharta to try to exploit this event and peddle fraudulent proprietary “Agharta” coins. However, AZCoin News emphasizes that these new tokens are not created as part of the hard fork in the ETC network.
The crooks lured investors with a nice saying: make Ethereum Classic great again! They then “make Ethereum Classic great again” by selling fraudulent tokens. To alert users, ETC Cooperative posted a screenshot of EAgharta’s Twitter handle and its solicitations to users to claim Ethereum Classic #Agharta safely.
Source: The ETC Cooperative
Twitter is currently processing links to the program’s website and its Trumpian byline of “Agharta Hardfork – make Ethereum Classic great again!”
When the user enters the site, it prompts them to come and save the password to create a new dedicated wallet.
Etcagharta.org maintains it does not hold users’ keys on their behalf:
“We cannot access your account, recover keys, reset passwords, nor reverse transactions. Protect your keys and always check that you are using the correct URL.”
The name of Ethereum Classic stems from the fastidious spoof of the Ethereum Network in 2016 after the DAO scandal. Typically, classic refers to the fact that Altcoins run on the original version of the Blockchain – before the hard fork – and have been added to the name of the cryptocurrency to distinguish it from its more famous final successor, Ethereum (ETH).
With Ethereum currently ranked as the largest Altcoin by market cap, Ethereum Classic lags at No. 19.
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