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Circle swap scam exploits USD coin dpeg fears drains ether from wallets a new scam has appeared that tries to take advantage of the recent unsteadiness of the USD coin stablecoin Peg by pretending to be a safe way for users to swap the USD coin into tether in reality attackers are draining ether from victims Wallets on Tuesday someone registered the domain name Circle blog and began mocking up a convincing website with copies of previous news updates from the actual Circle page the next day the scammer posted their own updates which announced the new fictitious product called Circle swap Circle swap purported to be a partnership between Circle and trond Dao to create a new swap Market between USD coin and Teva backed up with liquidity from trond Dao the blog post linked to the supposed Circle swap product on another domain Circle D5 Center which was registered on March 12th the interface for this page is a copy of the radium application but with its disclaimer removed and several of th