A fake press release claimed that Circle, the issuer of USDC, had launched a new platform called CircleMetals, which offered trading in tokenized gold and silver.
The release, distributed on Christmas Eve, used the Circle brand and quoted executives, but the company later confirmed that it was false.
The fake platform, which is still active, appears to be a scam, with links to an exchange platform and promises of rewards, but there is no evidence to suggest that the tokenized gold and silver tokens actually exist.
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