Dingo Token Charging 99% Fee is a Scam

Check Point analysts observed this fraudulent charge modification 47 times before issuing the alert. The Dingo Smart Contract’s purchase and sell fees are adjustable by up to 99% using a backdoor method called ‘setTaxFeePercent,’ according to Check Point Research (CPR), which examined the code for the contract. Despite the fact that the project’s whitepaper claims that only a 10% fee for each transaction, this is the case. 

According to the cyber security software company, one customer purchased 427 million Dingo Tokens for $26.89 but received 4.27 million, or $0.27 value of Dingo Tokens. Dingo Token had a current market valuation of $223,992 and was rated 1915 on CoinMarketCap.  Recent complaints about the Dingo Token have also been made by users of CoinMarketCap and Twitter. Crypto dealer IncredibleJoker stated in a post on February 5 they could not sell their assets.

According to Check Point’s head of product vulnerabilities research, Oded Vanunu, what his group uncovered at Dingo Token is becoming more regular, “this is a popular method that locks users’ funds until the scammers gradually withdraw the entire sum. A growing number of scammers are lured to cryptocurrencies. They can remain unidentified. It

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.