CRITICAL THREAT · Cryptocurrency Fraud
Consumer Alert: Fake Blockchain Network Scams Impersonating Legitimate Projects
The Financial Supervisory Service (FSS) has issued a consumer alert regarding a sophisticated scam involving fake blockchain networks that impersonate legitimate projects, specifically targeting the upcoming GIWA blockchain network developed by Dunamu.
10/29/2026Blockchain networksDecentralized exchangesDigital asset walletsCrypto bridges
Warning signs
- Marketing campaigns promoting 'surprise launches' or 'airdrops' for new or unverified blockchain networks.
- Requests to connect wallets or bridge assets to platforms that have not been officially announced by the project developers.
- Unsolicited investment advice or links to decentralized exchanges supporting new, unverified networks.
- High-pressure tactics promising quick returns or exclusive access to new blockchain technology.
What you should do
- Verify the official launch status and source of any new blockchain network through the developer's official channels.
- Exercise extreme caution when interacting with decentralized exchanges or bridges that claim to support unreleased or new networks.
- Do not trust marketing materials for 'surprise' airdrops or mainnet launches without independent verification.
- Understand that cryptocurrency transactions are generally irreversible; once funds are sent to a fraudulent address, they are likely lost forever.