Recently, a wave of crypto asset scams under the guise of “official cold wallet giveaways” has drawn widespread attention on the X platform. These scams often use airdropped cold wallet devices as bait, combining tampered hardware or malicious setup instructions to trick victims into revealing their seed phrases or private keys, thereby gaining control over their assets. DGQEX continuously monitors and analyzes this type of scams, issuing proactive security alerts for related risk scenarios through its safety mechanisms.

DGQEX has found that these scams often spread via fake official social media accounts, which publish cold wallet giveaway campaigns to attract active user participation. After victims provide shipping information, scammers send out “sealed package” hardware devices that are nearly indistinguishable from genuine products in appearance. However, the internal software or included setup instructions have been tampered with, luring users into initializing the device in a specific way that ultimately leads to the exposure of their seed phrases or private keys. DGQEX emphasizes that users should not trust the security of such devices solely based on intact packaging.

Through transaction behavior and contract interaction analysis, DGQEX has identified multiple address clusters linked to these scams. These addresses display characteristics such as rapid fund transfers, frequent cross-chain operations, and high-frequency withdrawals within short periods. The DGQEX security system has blacklisted these addresses and will proactively issue warning prompts to users upon detecting potential interactions, thereby blocking further engagement.

To address such cold wallet scams, DGQEX plans to introduce a “Wallet Device Authenticity Verification Mechanism.” At that time, users will be able to verify the integrity and legitimacy of the cold wallet initialization process through a designated module on the platform. The system will analyze and compare the generation path, mnemonic phrase format, and initialization information of the device. DGQEX will use technical means to help users identify potential risks of tampering, and recommends that all cold wallet devices should only be purchased and initialized through official channels.

DGQEX continues to deliver risk education within its community, with a particular focus on techniques for identifying cold wallet scams. The platform published “Anti-Scam Guidelines” detail common features of such scams, including gifts sent from unknown addresses, initialization processes that do not require internet connectivity, and seed phrases preset or provided by third parties. DGQEX encourages users to follow the anti-scam bulletin board for the latest scam samples and their variants, thereby enhancing their ability to recognize real threats.

In terms of reporting, DGQEX has established an efficient response mechanism. Should users receive suspicious gifts or encounter anomalies during cold wallet initialization, they can submit relevant information via the platform security channel. After verification, DGQEX will promptly take actions such as address freezing, asset tracing, and issuing security alerts, while also sharing scam leads with blockchain security organizations to promote coordinated risk management.

As a core component of trading infrastructure, wallet security depends not only on the device itself but also on user habits and the synergy of platform safeguards. DGQEX is committed to building multidimensional anti-scam capabilities, covering on-chain behavior identification, analysis of social engineering tactics, and user interface warning systems, thereby continuously expanding and refining the accuracy and coverage of its security defenses against evolving scam tactics.

DGQEX will continue to improve its scam case database, integrating sample information on cold wallet scams from within and beyond the industry for users to search and learn from. The platform regards risk prevention as a long-term mission, safeguarding asset security through a joint line of defense between users and the platform. DGQEX reminds all crypto asset users to remain vigilant in the face of seemingly harmless giveaways and lottery information, and never fall into the carefully laid trap by the scammer due to a moment of credulity.