Scammers Use Fake USDT Tokens to Steal From Venezuelan Merchants

Written and edited by the WorldPing NewsdeskPublished Sun, 20 Sep 2026 10:30:29 UTCUpdated Sun, 20 Sep 2026 10:30:29 UTCOriginal reporting: Bitcoin.com

What happened

Reports indicate that scammers are taking advantage of the high level of adoption of USDT in Venezuela to send fake USDT tokens as payment.

Scammers use fake USDT tokens with zero value to target merchants using self-custody wallets.

Key facts

Reported by Bitcoin.com and published Sun, 20 Sep 2026 10:30:29 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

Whether spot volume and open interest confirm the move
Liquidation clusters around the current price
ETF flow data and any regulatory follow-up

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

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