Cardano founder Charles Hoskinson recently issued a scam alert to ADA investors, warning them about a new tactic that targets Cardano’s community. Scammers have been impersonating Hoskinson and sending emails to unsuspecting individuals. The impersonators claimed to be associated with the newly launched Hoskinson Health and Wellness Clinic, a medical facility in Wyoming that accepts ADA payments. The scammers suggested that the clinic is part of Hoskinson’s vision for the Cardano ecosystem and emphasized the potential impact it could have on healthcare.

In response, Hoskinson took to Twitter to address the issue. He stressed that he would never directly email community members and cautioned against malicious actors impersonating him to deceive and steal from investors. Hoskinson provided a helpful tip for identifying scammers: asking them to verify their identity using a signature from his PGP (Pretty Good Privacy) key, which is a public encryption key commonly used for email encryption and digital signatures.

The cryptocurrency industry as a whole has been plagued by various scams over the years, and Cardano has not been exempt. Hoskinson and other Cardano enthusiasts have been proactive in exposing and raising awareness about these fraudulent activities. Previously, Hoskinson warned against giveaway scams and fake crypto-related apps on the Google PlayStore. The aim is to protect investors and ensure the safety of the Cardano community.

Overall, it is essential for ADA investors to exercise caution and verify the authenticity of any communication they receive, particularly when it involves sensitive information or financial transactions.

Stay tuned to CoinTopper for more news!