Wormhole airdrop attracts scammers, spoof tokens and a $3B valuation

The cross-chain bridge announced an airdrop that saw over $800 million worth of its W tokens airdropped to select users, however, the event rapidly drew the attention of scammers.

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Crypto scammers, hackers, and meme-coiners have flocked to a massive $850 million airdrop event from cross-chain bridging platform Wormhole, which today released its native governance token (W).

In an April 3 post to X, independent blockchain sleuth ZachXBT noted that Wormhole’s official post announcing the airdrop was targeted by “tons” of convincing scam accounts, many of which sported “gold checkmarks.”

The official X account of the Wormhole founder Robinson Burkey also suffered an attack that saw the founder begin posting malicious links to suspected wallet drainers several hours after the airdrop was announced. Burkey’s account has since been made private.

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