Fake Token Bridge

Definition ∞ A fake token bridge is a deceptive cross-chain protocol designed to illicitly acquire users’ digital assets under the guise of facilitating legitimate token transfers between blockchains. These fraudulent platforms typically replicate the appearance and functionality of genuine bridges but lack proper security mechanisms or operate with malicious intent. They represent a significant scam vector in the decentralized finance ecosystem.
Context ∞ Warnings about fake token bridges frequently appear in crypto security alerts and news, highlighting the ongoing threat of phishing and scam operations within the digital asset space. Educating users about verifying the authenticity of such services is critical for preventing financial losses. These schemes continue to target less experienced participants seeking cross-chain interoperability.