Fake ERC-20 transfers on Monad emerged within 48 hours of the MON token’s debut, as attackers spoofed transactions to impersonate legitimate activity. These deceptive events mimic real token movements on blockchain explorers without any actual fund transfers or wallet approvals, targeting users during the network’s initial liquidity phase. Fake transfers reported by Monad CTO James [.] Source:.
https://bitcoinethereumnews.com/tech/fake-mon-token-transfers-reported-on-monad-network-days-after-launch/