Circle: The tokenized trading platform named CircleMetals is a scam
According to TechFlow, on December 25, CoinDesk reported that USDC stablecoin issuer Circle has confirmed that a platform named CircleMetals is fraudulent. The platform issued a press release on Christmas Eve (December 24), claiming to offer tokenized gold and silver trading services, and used Circle's branding and executive quotes.
A Circle spokesperson confirmed to CoinDesk that the platform is entirely fake. The scam platform claimed that users could exchange between USDC and the so-called gold token (GLDC) and silver token (SILC) 24/7, and promised a 1.25% CIRM token reward.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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