It's Ethereum, and this is really not an issue, AMM's that allow swapping between permissionless pools have token lists you can use. The person raising the money can also provide an ID used to identify the pool where the users can do the swap.
Of all the scams in Web3 (and there's quit a few) this is not one.
Of all the scams in Web3 (and there's quit a few) this is not one.