Beware of IOST to XPR Scam on MEXC and Bitget

I want to highlight a scam warning involving the fraudulent scheme where scammers deceive users into transferring IOST tokens from MEXC to Bitget by pretending to use the XPR deposit method. In reality, the IOST tokens are sent on-chain to a Bitget address labeled as 'bitgetxpr', but support confirms these funds don't belong to Bitget. The apparent XPR credits are actually from an external account, KuCoinRise15, and not through any legitimate automatic conversion process. This scam can cause users to lose IOST tokens if they fall for the trick, with scammers potentially returning a small amount of XPR tokens to maintain trust before disappearing with more funds. The key to avoiding this scam is to only use the verified Bitget IOST deposit address, which is bgexiost with your specific memo. Never send IOST tokens to the 'bitgetxpr' address on the IOST network, and be cautious of arbitrage links shared via Telegram, which should be reported rather than trusted. Always verify deposit addresses through official sources to prevent such scams. In this environment, scams exploiting deposit address confusion are prevalent, especially involving cross-chain transfers where scammers manipulate the on-chain addresses to divert users' funds. The scam’s success hinges on convincing users to send tokens to fake addresses that are falsely labeled or misunderstood. It’s essential for IOST traders and users to stay vigilant, verify all deposit addresses directly from official platforms, and avoid trusting unofficial links or offers promising arbitrage opportunities. This proactive approach can save your funds from falling into scammer hands.