Scammers have found a way to burn tokens from inside Solana wallets

Reports have emerged of users buying tokens and not seeing it show up in their wallet balances. 

Scammers have reportedly stumbled across a new way to rug-pull Solana users’ crypto — this time, by burning users’ tokens within seconds of their purchase.

According to Slorg, a member of Solana-based Jupiter’s Core Working Group, scammers have started to use an in-built Solana token extension to stealthily delete their target’s crypto holdings. 

“Imagine you swap for a token and the wallet history confirms that you received it. But then you look inside and nothing shows up,” said Slorg in a Sept. 3 post on X. 

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Reports have emerged of users buying tokens and not seeing it show up in their wallet balances. 
Scammers have reportedly stumbled across a new way to rug-pull Solana users’ crypto — this time, by burning users’ tokens within seconds of their purchase.According to Slorg, a member of Solana-based Jupiter’s Core Working Group, scammers have started to use an in-built Solana token extension to stealthily delete their target’s crypto holdings. “Imagine you swap for a token and the wallet history confirms that you received it. But then you look inside and nothing shows up,” said Slorg in a Sept. 3 post on X. Read more