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Tone Vays, bitcoin analyst, derivatives trader & event producer, warns about an upcoming 'Shitcoin Airdrop' he believes is worthless and not worth the risk of exposing wallet seeds.
Vays uses humor to describe the event as a 'delusion' and questions the value of participating given the security risk.
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Vays has previously called attention to security issues in crypto storage, noting a Bitcoin storage flaw introduced in 2021. He has also criticized hardware wallet usability, suggesting that Trezor should support Bip39 for custom seed creation. The analyst has addressed accusations around wallet promotion in prior statements.