The Threat of Fake Deposit Attacks
A fake deposit attack is a security threat linked to tokens and exchanges. This kind of attack [has been observed on Ethereum](https://www.coindesk.com/erc-20-ethereum-tokens-fake-deposit) and other blockchain networks such as [EOS.io.](https://blog.peckshield.com/2018/10/26/eos/) The fake deposit attack can only be successful if a token flouts the technical implementation rules and an exchange has flaws in its verification processes.