Beware of Impersonation of Fake profiles

KingSwap
4 min readJan 12, 2021

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In an effort to further enhance our company’s cyber defenses, we want to highlight a common cyber-attack that everyone should be aware of — Impersonation of KingSwap’s Brand

These types of attacks are created by cyber-criminals who are creating fake social media profiles in order to impersonate our brand.

These cyber-criminals have also been known to create other fake profile pages, get large amounts of likes and then change the entire page name and content to something else. This is a very efficient way to distribute their scams.

Please look at the following examples:

Cyber-criminals will comment on the official KingSwap Page to “lure” users or to create “bad credential” to the Official KingSwap
Fake Profile impersonating the official KingSwap Page
Fake Profile impersonating the official KingSwap Page
These imposters will create an account using similar names as KingSwap’s team members and act as the internal team asking for sensitive information like what wallet tokens you stored in.

*ALWAYS CHECK THE SMART CONTRACT ADDRESSES AND VERIFY WITH KINGSWAP ADMIN OR CMS FIRST BEFORE RESPONDING BACK*

These attacks can take many forms, but they all share a common goal — getting you to share sensitive information such as login credentials, credit card information, or bank account details.

The main risk to businesses from these fake social media profiles is damage to their brand name and reputation. Fake profiles might post fake offers, promising something enticing to customers, or provide fake contact details for the business, which will then cause customer frustration when they can’t get through to the department they need. They might provide offensive responses to customer complaints or post incorrect product information on the profile page.

Although we maintain controls to help protect our networks and computers from cyber threats, we rely on you to be our first line of defense. Please report accordingly to the social media that is connected to and do highlight to us on this issue as well.

ABOUT KINGSWAP FEATURES AND ADVISORY TEAM

KingSwap is a high-yield liquidity platform that offers extensive staking rewards, digital collectibles, and fiat conversions. An evolution of Uniswap, KingSwap provides user-friendly features that provide real-time benefits in terms of price curves and contributor rewards. In its first three days on Uniswap alone, KingSwap achieved $4 million USD in transaction volume.

KingSwap was founded by a team of experienced leaders in banking, finance, and crypto, including Dr. Anish Mohammed, who has advised and worked for companies including HSBC, Lloyds, and Zurich, and was an early advisor to Ripple and Ocean Protocol; Dunstan Teo, Chief Architect of the Fido Protocol and President of Sanctum Pte Ltd.

KingSwap’s advisors include Venture Capitalist Dr. Giampaolo Parigi (PhD); Professor Alex Nascimento (MBA), Faculty and Co-Founder, Blockchain at UCLA; Michael Terpin, Founder and CEO of Transform Group and Co-Founder of BitAngels; Lionel Iruk, Esq.(J.D), Dr. Robert Choi (PhD), Malcolm Tan (LLM), and Frank D.(MBA).

To learn more about KingSwap, join the KingSwap Telegram group, or follow the project on Twitter.

ABOUT KINGSWAP

KingSwap is a DeFi project based out of Singapore with a fully regulated* token that introduces a liquidity pool platform with possible fiat conversions. KingSwap’s high-yield liquidity platform offers extensive staking rewards and digital collectibles. Check Kingswap’s liquidity pool.

  • ”Regulated” — KingSwap commissioned Gravitas International Associates Pte Ltd, a Singapore Payment Services Act (“PSA”) exempt company, to issue the $KING tokens. A legal opinion regarding the token issuance has been submitted to the MAS in accordance with the PSA requirements. Gravitas has already submitted an application to the MAS for full licensing under the PSA, and the said application is pending review. KingSwap itself has no licensing specific to DeFi projects, as there is no such specific legislation anywhere in the world at this point in time, and is following the regulatory framework of the PSA in Singapore at the time of writing.”

Company: KingSwap Pte Ltd

Person to Contact: Amanda Tan

Company Address: 50 Raffles Place, Singapore Land Tower #19–03 Singapore

Email Contact: Hello@KingSwap.io

Websites: kingswap.io — kingswap.info — kingswap.exchange — kingswap.shop — kingswap.club

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KingSwap
KingSwap

Written by KingSwap

👑KingSwap is the newest DeFi liquidity pool platform that is an improvement over. Website :https://www.kingswap.io/ Twitter: https://twitter.com/Defi_KingSwap

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