🔒Wallet Fraud Detection

Enhance Security & Trust on TapTools

Why It Matters

The Wallet Fraud Detection system helps users spot suspicious wallets and pools by assigning a Risk Score (0-100) based on activity patterns.

Benefits:

  • See Risks Clearly: Instant alerts on flagged wallets.

  • Stay Secure: Avoid engaging with high-risk accounts.

  • Community Verified: Users can vote on fraud assessments.

How It Works

Key Features:

  • Wallet Flagging: Alerts when a wallet shows fraud risk.

  • Risk Score: Rates fraud likelihood from 0 to 100.

  • Community Voting: Confirm or dispute fraud reports.

Using Fraud Detection

  1. Go to User Preferences and enable Wallet Fraud Beta.

  2. See flagged wallets and pools while browsing TapTools.

  3. Click View Detection for details.

Understanding Risk Scores

  • 0-30: Low Risk – Normal activity.

  • 31-70: Medium Risk – Some concerns.

  • 71-100: High Risk – Strong fraud signals.

A Risk Score of 100 often means:

  • Signs of pump-and-dump schemes.

  • Liquidity withdrawal patterns linked to scams.

Flagged Wallets & Voting

Fraud Alerts

  • Flagged wallets show: "Wallet Flagged by Wallet Fraud Detection."

  • Click View Detection to review fraud indicators.

Voting System

  • Users can vote Fraudulent or Not Fraudulent.

  • Helps refine fraud detection accuracy.

Need Help?

If a wallet is wrongly flagged:

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