DeFi is a fast moving space, we can all agree. But when something pops up and is being shilled within hours of the smart contract creation, you've gotta wonder about who is behind it.
Fishermanbro came up on my feed a little over two hours ago…
DeFi is a fast moving space, we can all agree. But when something pops up and is being shilled within hours of the smart contract creation, you've gotta wonder about who is behind it.
Fishermanbro came up on my feed a little over two hours ago and looked to be something that was interesting enough to warrant a view.
After doing a little more digging, I found that this was triggering a few too many red flags for me. I must admit, I did giggle when I learned that the token is called Catfish with the ticker FISH. Hmmm... Are they telling us something there?
In this video, we will take a closer look at the activity on the FTM Explorer associated with this smart contract and website.
The token contract address is here:
https://ftmscan.com/address/0x4Cd5F0068DC9c11009645957796838154ab3384b
The transaction hash for the creation of the contract is here:
https://ftmscan.com/tx/0xcf2d9b9b03275904eec828e9a48ae01ea7c2580a91a30054afe4aef191a96fba
DeFi can be risky, particularly when there is little known about the Devs, and virtually no transparency.
Some basic research into the Domain Registration (
https://www.whois.com/whois/fishermanbro.com
) suggests that this is not intended to be a long term thing either.
This content is shared in the interests of helping those who may not know how to identify potential points of concern, and conduct their own research to satisfy their own needs.
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