The dark side of ‘Free SOL’ promotions: How scammers are targeting your wallet

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The crypto space is no stranger to innovation, but where there’s money, there are also scams. Mostly, you will see posts across X (formerly Twitter), Telegram, and Facebook offering “guaranteed free SOL” to early wallet addresses.

At first, these offers seem exciting, airdrops and giveaways are common in Web3, after all. But if you’ve seen messages like:

“The first 2,000 Solana wallets will receive guaranteed free $SOL”

Take a step back, because chances are, you’re being baited.

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 Here’s what’s actually happening:

1. Your wallet is being tracked

The moment you reply with your wallet address or interact with the post, scammers collect that data. You become part of a targeted list.

2. You start receiving random NFTs or tokens

These assets might seem like freebies, but they’re either worthless or worse, malicious. Many are embedded with external links.

3. Embedded links lead to fake dApps

Scammers place links in the image or description of the NFT itself. These may look like wallet connections or claim portals, but in reality, they lead to phishing websites with slightly altered domains (e.g., phontom-walllet.x0z instead of phantom.app).

Clicking them could compromise your entire wallet.

4. You’re unknowingly fueling the scam

Every comment, like, or repost boosts visibility. Scammers aren’t just looking to drain wallets, they’re farming engagement to expand reach, going viral and targeting thousands more. Never connect your wallet to unverified sites and avoid interacting with unknown or airdropped NFTs.

Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

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