Bitcoin

Rewards

<figure><img src="https://u.today//sites/default/files/styles/1200x900/public/2023-06/36059.jpg" alt="Cover Image" width="800"
 height="500">
 <figcaption>Cover image via <a href="https://u.today/">U.Today</a></figcaption>
 </figure>In a stunning revelation, Trend Micro researchers <a href="https://www.trendmicro.com/en_us/research/23/f/impulse-team-massive-cryptocurrency-scam.html">have exposed</a> a vast web of deception spun by the Impulse Team that involves more than 1,000 fraudulent websites.These websites, part of an affiliate program termed the "Impulse Project," have conned unsuspecting cryptocurrency enthusiasts worldwide through a sophisticated advance fee fraud mechanism.The scam, which appears to have started in 2021, has remained mostly unnoticed due to its vast, convoluted network. The sheer scale of operations ensures that the full extent of the sham has remained hidden despite the fact that individual incidents were previously reported.The modus operandi of the scam is rather straightforward, but deceptive. Potential victims are enticed with the promise of substantial cryptocurrency rewards. However, to receive these rewards, victims must first make a "small" deposit to activate their accounts. Unfortunately, those who pay never receive anything in return.<a href="https://u.today/ripple-top-lawyer-slams-sec-hypocrisy">card</a>The Impulse Team added another layer of disguise to their con by crafting a counterfeit anti-scam website, effectively cloaking themselves in a veil of trustworthiness. This maneuver ensnared more victims into their web of deceit.Despite the distributed nature of their operations, researchers were able to connect the dots between the websites through a shared database. As a result, once a victim created an account on one site, the login details would work across the entire network.According to the public <a href="https://u.today/telegram-becomes-increasingly-popular-among-crypto-traders-heres-why-0">Telegram</a> channel that logs transactions for the sham, victims have lost a staggering sum exceeding $5 million. Although there are suspicions that the Impulse Team manipulates bots to artificially increase the transaction numbers to attract a bigger number of affiliates, the damage that has been done is undeniable.

Bitcoin Rewards Scam: 1,000+ Fake Websites Involved

U_Today

Các bài viết khác được xuất bản trên 12 thg 6, 2023

Coinbase places its trust on US court and Congress in the ongoing case; rejects SEC claims

Crypto Markets Struggle For a Recovery as Polygon Dominates

Analyzing the Journey of $FLOW: SEC Law Impact, Chart Patterns, and Future Projections

Strategies to Preserve Our Agriculture and Ensure Food Security: Empowering Farmers for a Sustain...

Binance Shifts 750M USDT from Tron Network in Response to Regulatory Pressures

Ripple Forms Partnership with Canada’s Largest University, Launches XRP Validator

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!