Security· ★★★· bearish·

South Korea's FSS warns of scam using fake GIWA network impersonating Dunamu

  • —FSS issued a 'caution' level consumer alert on Oct. 22
  • —Scammers copied the GIWA testnet chain ID before the official mainnet launch
  • —DEX DYOR Swap supported the fake network and ETH was routed through a fake bridge
  • —FSS urged users to verify launches only on official developer channels
Why it matters: The case shows users cannot distinguish a real network from a fake before mainnet launch, and recovering funds sent through a DEX is effectively impossible.
Source: Digital Today
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