Originally published on xroot.dev . On-chain, a regulated fund token and a honeypot scam are the same shape. Both are Token-2022 mints. Both keep an active freeze authority. Both set DefaultAccountState to Frozen , so every new holder's account starts locked. One of them is a European money-market fund following its regulator's rules; the other is a trap built to let you buy and never sell. Every token scanner I tested reads them identically: red flags, high risk, score zero. The...