Investigative Angle

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The Kenya Token scam appears to have attempted to piggyback on Kenya Digital Token (KDT), a semi-official crypto project already under scrutiny. Analysts point out suspicious activity, including insider bundling and rapid token snipes, suggesting that even projects with government connections may not be free from risk.

The confusion between the fake Kenya Token and the semi-official KDT demonstrates how scammers exploit legitimacy and branding to deceive investors. Experts warn that in today’s crypto environment, it’s increasingly important to independently verify smart contracts, token distributions, and project teams before investing.

[Nahid Hossen]

Scammers love piggybacking on legit projects Kenya Token vs KDT shows how easy it is to confuse investors.

[Rimon Khan]

Even semi-official tokens aren’t risk-free ️ Insider bundling & snipes are clear red flags