Newport Exchange
Market Intelligence

Scammers Use Fake USDT Tokens to Steal From Venezuelan Merchants

September 20, 2026 1 min readBy Bitcoin.com
Scammers Use Fake USDT Tokens to Steal From Venezuelan Merchants

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. Fake USDT Tokens Surge for Payments in Venezuela Threat actors are leveraging the high level of adoption

Coins mentioned in this story