This article mainly explain the second type of fraudulent methods, Fraud. There are mainly five types of Fraud listed below.
- Cashback
Pattern: First * transactions with * ETH sent to the address below will receive n* ETH in the address.
The first investors can get n times cashback by sending a small amount of digital currency to the specified account.
Also, the fake account published the following scam tweet:
The figure below shows the transfer record of the fraudulent address:
A tweet by the real Vitalik Buterin.
Establish a private equity group, spread the news that it is possible now to get the private equity quota of a certain currency, and ask investors interested to transfer coins to the specified address.
Impersonate authorized customer service personnel of wallets and request private keys or mnemonics.
Fake mining apps
These fake mining apps claim that they can mine for users but mainly display advertisements after installation. Some of those apps even trick users into giving them a five-star rating.
- Fake wallet apps
The startup interface is similar to the following:
The app is disguised as a Daedalus cryptocurrency wallet and claims that it can convert other cryptocurrencies into ADA Cardano currency, inducing users to transfer their virtual currency into the fixed receiving address specified in the app, scamming users of their funds.
The list of fake addresses provided by the app is as follows:
The following figure shows some fake wallets detected by SafeWallet:
Above is a summary of Fraud, the following suggestions are provided for investors to reduce the probability of being defrauded:
Improve the awareness of fraud prevention by not transferring money to any strangers or unknown addresses to avoid great losses for small gains.
Choose the most secure wallet to manage your digital assets.
SafeWallet, which is a trustworthy wallet with high security.
1)When your wallet is opened, it initiates a security scan to detect viruses in time avoiding asset loss.
2)SafeWallet provides a blacklist address database and checks if the target transfer address is authenticated during funds transfer with a prompt.
3)The wallet provides a complete defense system against potential attacks.
About us
Telegram: https://t.me/safewalletgroup
Official Website:https://www.cmcmbc.com
Twitter:https://twitter.com/safewallethelp
Youtube:https://www.youtube.com/channel/UCGgAmQhnx6ijeqnDaPKL3Rw