Scammers have upped their game, combining manipulation tactics with fake Telegram verification bots to steal cryptocurrencies.
According Scam Trackera blockchain security company, these scammers are impersonate well-known crypto influencers on social media and use these fake profiles to lure victims into private Telegram groups under the guise of offering exclusive investment advice.
Scammers introduce a so-called verification robot called “ISafeguardBot Official” once someone joins the Telegram group. this robot creates a false sense of urgencypressing users to act quickly by completing a short verification process.
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However, instead of protecting users, the bot execute malicious PowerShell scripts. These scripts are designed to install malware that infiltrates systems, steal sensitive information, such as private keys, from crypto wallets.
He The idea of using malware to attack people is not newScam Sniffer points out. However, the tools and infrastructure supporting these scams have become much more advanced.
Although this specific Telegram bot is at the center of recent cases, Scam Sniffer warns that the method could easily be adapted to imitate other robotsmaking the threat difficult to contain.
Furthermore, scammers have become a “Scam as a service” model, in which they provide tools to other criminals.. This model allows for broader phishing attacks and wallet-depleting exploits.
As crypto scams become increasingly sophisticated, they are not limited to just Telegram. Recently, a LinkedIn scam resulted in a loss of $135,000 and authorities shut down dozens of NFT fraud sites. How was this scheme developed? Read the full story.
Having completed a master’s degree in Economics, Politics and Cultures of the East Asian region, Aaron has written scientific articles analyzing the differences between Western and collective forms of capitalism in the post-World War II era.
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