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I was recently browsing the list of new pools on arbitrum and came across this coin: https://arbiscan.io/address/0xd7d39c9fa965b8b2458f2f6100f78e5ad1b318fe

Without looking too much into it, I saw a pool for it on geckoterminal within a minute of it's implementation and saw the pool had a decent amount of initial liquidity, so I decided to throw 20 bucks in there to see what happens.

I now have about 350 dollars worth of ABYS, and I can not get it to sell on sushiswap. When I purchased, it notified me that the coin had a tax, so I thought that may be the problem, but I have not been able to sell even when increasing slippage tolerance to 100%.

The contract on arbiscan has some weird variable names in there and a generic contract name so I am pretty sure like this is a scam, but was hoping someone who knows a little more than me could verify. The contract also claims it is "for development", but idk if that is legit or also a common disclaimer by scammers since this was a publicly released pool on sushiswap.

Looking to learn so I can either cash out my coin or not make this mistake again in the future!

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  • I've no idea but if some code use private when not needed and have an interface named YVZAVsbUgvPSjWmDHFPrPN I'd assume the worse.
    – Ismael
    Commented Apr 29 at 23:15

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