Security· ★★★· neutral·

13 Fake JPMD Tokens Emerge on Ethereum as JPMorgan Launches Its Own

  • —Thirteen JPMD lookalike tokens found on Ethereum
  • —JPMorgan's genuine token has zero supply and no holders
  • —Bank's documentation flags unaffiliated same-name tokens
Why it matters: The copycats expose traders to buying a fake instead of the bank's token, making contract-address verification essential.
Source: The Defiant