To start, I would like to thank P0x users LiaRio and soundlabs for correctly pointing out major red flags on one of my previous articles about YFICoin, which is in the midst of an airdrop and presale. In all likelihood, this token is a scam. It has never been my intention to promote rug pull projects and, as such, I have unpublished the article. Occasionally, I get caught up with the prospect of free crypto, which the airdrop for YFICoin promised via a referral link. Again, there were definite red flags that I missed.

Once again, a shoutout to @LiaRio and @soundlabs for calling YFICoin out for what it is. As they stated, the token counts don't add up and they have FTX listed as a potential listing site. Without a doubt, I should have seen those signs and made appropriate comments.

I am not shy to call out projects that I am skeptical about, see my posts on Obelisk Token and VioletSwap. What happened here with my post on YFICoin is a prime example of why comments and an active community are important. It's important to keep the platform open for all to say what we want to say; to question things you don't agree with and to keep each other in check. I inadvertently wrote an article on a very questionable token, in hopes of getting some of said token for free via the airdrop and referral link. Thanks to the community here on P0x, it's been brought to light that YFICoin is most likely a scam.

This is not the first and won't be the last. I am noticing that many of these scams are tokens built on the Binance Smart Chain, and the tokems are always sold for BNB. I wonder just how many of these are out there. Going forward, I plan to keep a more watchful eye out for red flags.