According to Odaily, AI-driven crypto research platform SoSoValue recently issued a warning on X about a fraudulent token impersonating their brand. The token, named SoSoValue ($SOSO), has been deployed on the BSC chain. SoSoValue clarified that they have not released any official platform tokens, and any tokens claiming to represent SoSoValue are scams. The platform urged users to protect their assets and avoid interacting with such tokens, emphasizing the importance of vigilance and risk awareness.
In previous developments, SoSoValue announced the completion of a $15 million Series A funding round. Investors in this round included HongShan, Small Sparks, Mirana Ventures, and Safepal. Prior to this, SoSoValue secured $4.15 million in a seed funding round in mid-2024, bringing the total funding for the project close to $20 million.