First Draft Club

The Anatomy of a Farcaster Scam (and how to avoid them)

1. An account you’ve most likely never interacted with will send you a DC. 
2. The DC will compliment you or your work and ask for some type of collaboration, consulting job, testing, etc. 
3. If you reply, they may throw out a large number for compensation and ask to have a call to discuss terms. 
4. Usually, right before the agreed meeting time, something will go horribly wrong. The Google Meet or Zoom link they sent won’t work. 
5. You will panic. 
6. They will pressure you that if you can’t meet in the next few minutes, they will need to move to the next candidate on the list. 
7. But magically they will have a solution: they have another video conferencing tool that you can download right now and they know it works. 
8. You click the link without a second thought. 
9. You’ve been scammed and now they drain your wallet with malicious software. 

Let’s show a real life example.

Warning: Farcaster Scam Alert‼️
Beware of suspicious direct messages (DMs) on Farcaster! Scammers are targeting users with fake collaboration opportunities, promising large compensation.

Here's how the scam unfolds:

1. Unsolicited DM with flattery and collaboration offer.
2. Promise of high compensation and request for a call.
3. Last-minute "TECHNICAL ISSUES" with meeting link.
4. Pressure to download alternative video conferencing software.
5. Malicious software drains your wallet.

Stay vigilant! Never click unsolicited links or download unknown software. Never share personal or financial info.

Report suspicious DMs and let's keep our farcaster community safe!

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