Counterfeit token

A token deployed to impersonate a legitimate asset by copying its name, ticker, decimals or logo (e.g., a fake “USDT” issued by an unrelated contract). Wallet interfaces and some explorers display the copied name, so victims may believe they hold or have received genuine funds. Counterfeit tokens are used in fake-payment scams, address poisoning, fraudulent airdrops and investment fraud. They usually have no market value or liquidity (or fake liquidity on malicious DEXes set up to scam people). Verification always relies on the contract address published by the legitimate issuer.