Crypto Scammers – pressnews

[ad_1] In a troubling trend spanning the past year, cybercriminals have orchestrated a series of phishing scams to pilfer millions of dollars in cryptocurrency assets via deceptive ads on major platforms, including Google and X. Uncovered by cybersecurity experts at ScamSniffer, these scammers are employing a sinister tool known as 'wallet drainers' to carry out their nefarious schemes in phishing scams. Disclosed in a recent blog post, ScamSniffer reveals that the initial detection of this wallet drainer occurred within Google search ad phishing, later making its way into a set of X phishing ads shared by ZachXBT. A recent examination of ads in X's feeds showed that nearly 60 percent of phishing ads utilised this specific drainer. We are now on WhatsApp. Click to join. Between March ...

[ad_1] Illicit scheme involves exploiting SEO and using live chats, researchers say. Scammers in recent weeks have employed up fake cryptocurrency web pages to attempt to steal money from users, the latest tactic to emerge in what's already been a costly year for crypto-related hacks. The sham websites – which masquerade as pages for popular services such as Coinbase, Gemini, Kraken and MetaMask – aim to dupe visitors into providing information that helps hackers break into their cryptocurrency wallets, according to researchers from the security firm Netskope Inc. Fraudsters deployed search-engine optimization tactics to promote the websites, which used URL addresses that closely resembled the legitimate sites and propelle...

Tag: Crypto Scammers

Crypto scammers use ‘wallet drainer’ ploy on Google and X ads, rake in $59 mn in phishing scams: Report

Coinbase, Gemini to MetaMask, Crypto Scammers Use Fake Websites to Dupe Customers