Circle Denounces Fake CircleMetals Tokenized Metals Platform

Circle has identified a fraudulent platform named 'Circle Metals' that appeared on Dec. 24, falsely claiming to offer tokenized gold and silver trading under its brand. The scheme emerged during U.S. holiday downtime, potentially aiming to exploit slower reactions from companies. Circle’s spokesperson confirmed to CoinDesk that the website and service are not legitimate and have no connection to Circle. Users are urged to avoid interacting with the site to prevent possible malicious activity.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.