Key Takeaways
- Scammer stole more than 20 ETH in 24 hours using a fake Uniswap link.
- Scammers are using Google Ads to steal crypto wallets.
According to CPR, scammers are using Google Ads to steal crypto. It is a new type of crypto theft that investors should be aware of. They use adverts that seem like prominent wallet businesses like Phantom, MetaMask, and PancakeSwap to deceive customers into giving up their wallet passcode and private key. With Google search, a new cybercrime trend has emerged.
In the last 24 hours, the scammer has stolen more than 20 ETH. Hacking groups are continuously seeking ways to benefit quickly from crypto sites. They are doing so because recovering stolen funds is quite tricky. Hacking gangs are continually looking for new and creative ways to deceive crypto market users.
According to the experts of CPR, the scam works like this: the fraudster pays for a Google Ad to display first when someone searches for a crypto wallet. The victim then clicks on a malicious link in a Google Ad and is taken to a phishing website that appears exactly like the actual wallet website.
If you already have a wallet, the bogus website will try to steal your passcode, or it will provide you with a passcode for your freshly established wallet. The scammer gains access to your wallet in either case and can steal all of your cryptocurrency.
It is complex for a crypto beginner. They often fall into such scams since they are not familiar with the software they are installing. Users must remember a few crucial guidelines, and the site offers a few procedures for consumers to follow to safeguard themselves.
- First, the extension should generate the passphrase.
- Always check the browser URL to see if this is an extension or a website.
- The extension will then have an extension icon and a chrome-extension URL near it.
- Passwords should never be shared with anyone.
- That is something no one would ever ask for.
- Furthermore, it is only used when the user installs a new wallet.
- Always double-check your URLs.
