Scam alert: MetaMask warns users of deceptive March 31 airdrop rumors

MetaMask, a provider of Web3 wallets, has alerted its customers to “false allegations” of an alleged MetaMask airdrop that have been going around on social media.

There have been “quite a few speculations” of a MetaMask snapshot or airdrop on March 31, according to a tweet from MetaMask on March 28. These rumors are harmful in addition to being inaccurate. These give con artists and phishers opportunity, warned MetaMask.

Many Twitter accounts that claim to be associated with MetaMask or an airdrop of MetaMask tokens have been discovered by Cointelegraph. In a tweet, MetaMask disputed reports of an impending airdrop and cautioned users to be on the lookout for fraudulent websites in the coming days.

The most recent reports might be connected to a “fireside chat” session with Joe Lubin, the CEO of ConsenSys and co-founder of Ethereum, on March 14 at ETHDenver 2023, when Lubin reaffirmed that his company is “currently trying to decentralize” MetaMask. He apparently acknowledged afterwards that they intended to introduce a token.

Moreover, Lubin originally alluded to a MetaMask coin in a Tweet from November 8, 2021, which read, “Wen $MASK? Pay attention. Even though MetaMask has ruled out an impending airdrop, many of the responses from the community indicate that they are still holding out hope that one will still happen—just at a later time.

If there are any future plans for an airdrop, ConsenSys, the parent company of MetaMask, has been approached by Cointelegraph but had not responded as of the time of writing. As a result of the rumors, MetaMask activity almost tripled, according to statistics from DappRadar, which revealed that on March 27 there were 21,460 transactions as opposed to an average of about 8,000.

After recent airdrops from the Ethereum Name Service and Lubin’s talk of a token, MetaMask had a similar rush of activity as a result of reports of an airdrop back in November 2021.