Honeypot scams lure crypto investors into buying tokens they can’t sell, locking their funds through smart contract tricks.
Honeypot scams lure investors with fake liquidity, price movement and hype, but the contracts are rigged to prevent exits, locking funds permanently.
Modern honeypots include tampered cold wallets sold via platforms like TikTok, preloaded with private keys that scammers use to steal funds instantly.
Variants like high sell tax honeypots and “honeypot-as-a-service” kits make it easier than ever for scammers to target even experienced users.
