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RE: SCAMS abound on the internet - DO DUE DILIGENCE!
The steem-engine team really needs to do something that removes this issue for some part.
I know a while back when waves had this issue tokens that got verified got a checkmark and name shown up ones that did not have any check and the name was an I:D number. I know this is not the ideal way but it could even be a pretty basic one to make sure coins like LTCpeg are not around.
It really is bad they have not taken that token down really
But then that would produce less bullshit, so how would steem engine line there pockets. They could do a number of things to stop people getting scammed but thats not in there interest.