Japanese stablecoin project JPYC issues a warning to users to beware of counterfeit JPYC tokens. JPYC states that when searching for “JPYC” in wallets or DEXs, fake tokens with similar names, logos, or symbols may appear. Users should always verify the official contract address rather than relying solely on the name or icon. JPYC also reminds users not to transfer, swap, authorize, or sign transactions with unknown tokens.

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