New Crypto Scam User Alert—Millions Wipeout! Are You Next?

Crypto Scam Alert: Fake 'Cracked' TradingView is Stealing Crypto!

Cybercriminals have devised a new method to defraud unsuspecting cryptocurrency traders, using a counterfeit version of TradingView’s premium software. Marketed as "TradingView Premium Cracked," the fraudulent software promises users free access to the platform’s premium features. However, instead of unlocking advanced trading tools, those who install it inadvertently expose themselves to malicious malware designed to steal digital assets and personal information.

Rising Threat: How the Scam Works

Cybersecurity researchers at Malwarebytes have identified this fraudulent software being actively promoted on online forums, particularly Reddit. The scam operates through links shared by accounts pretending to be helpful community members. These malicious actors do not merely post deceptive links—they engage with users in the comments section, offering guidance on how to install the software, thus increasing the likelihood of victims falling for the ruse.

Once installed, the software infects the user’s device with two highly dangerous malware strains: Lumma Stealer and Atomic Stealer. These programs extract sensitive information, including cryptocurrency wallet credentials, browser-stored passwords, and even social media login details. The malware can also hijack accounts, allowing hackers to impersonate victims and spread the scam further among their contacts.

Global Cybercrime Network Uncovered

Investigations into the origins of the scam have revealed a concerning international dimension. The fraudulent software is hosted on a website linked to a cleaning service based in Dubai, while the actual cybercriminals behind the malware have been traced to Russia. This transnational operation suggests a highly organized and sophisticated cybercrime network, raising concerns about the increasing scale and complexity of digital asset fraud.

Recent Crypto Scams: Millions Lost in Seconds

The fake TradingView software is just one of many scams currently plaguing the cryptocurrency industry. Here are three of the most alarming incidents in recent weeks:

1. $7.8 Million Lost in SolvBTC Phishing Scam

A cryptocurrency trader recently fell victim to a sophisticated phishing attack, losing $7.8 million in digital assets. The attackers employed a technique known as CREATE2, which allows them to manipulate Ethereum smart contract transactions, bypassing standard security measures. The scam originated on social media, where fraudsters impersonated well-known influencers, directing victims to fraudulent Telegram groups where they were tricked into authorizing harmful transactions.

2. The Stablecoin Swap Scam—$215,000 Stolen Instantly

A trader attempting to exchange $220,000 worth of stablecoins suffered an almost total loss when an attacker manipulated the transaction through a MEV (Maximal Extractable Value) bot. This technique allowed the scammer to intercept and alter the transaction before it was finalized. Shockingly, the hacker even tipped an Ethereum block builder $200,000 as part of the scheme, highlighting the level of collusion involved in the fraud.

3. Fake Job Offers: The Recruitment Scam

Another growing trend in cyber fraud involves scammers masquerading as recruiters offering lucrative job opportunities, particularly in the blockchain and tech industries. These fraudsters use professional networking platforms such as LinkedIn to target developers and high-ranking professionals. Once a candidate is engaged, they are often instructed to install software under the guise of a skills assessment. However, this software contains malware that compromises their devices, leading to identity theft and financial loss. In some cases, victims have even been invited to fake office locations, only to realize too late that the job offer never existed.

How to Stay Safe from Crypto Scams

With cybercriminals employing increasingly sophisticated methods, staying vigilant is crucial. Here are some essential precautions to protect yourself from falling victim to such scams:

• Avoid Downloading Cracked Software: If an offer seems too good to be true, it probably is. Never download unauthorized software, especially for financial or trading purposes.
• Keep Security Software Enabled: Scammers often instruct victims to disable antivirus programs before installing fraudulent software. This is a red flag—never turn off security protections.
• Verify Job Offers: Before accepting any online job opportunity, conduct thorough research on the company and recruiter. Genuine employers do not ask candidates to install unknown software or transfer funds.
• Exercise Caution on Social Media: Be wary of unsolicited messages, especially those directing you to join exclusive Telegram or Discord groups. Verify the legitimacy of such invitations before engaging.

The ever-evolving landscape of cryptocurrency scams highlights the need for heightened awareness and digital security. As cybercriminals continue to refine their tactics, individuals must remain proactive in safeguarding their assets and personal data. Stay informed, stay skeptical, and protect your digital wealth.

Writer @Barland

Barland is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

 Check out other news and articles on Google News

Disclaimer:

The articles published on hokanews are intended to provide up-to-date information on various topics, including cryptocurrency and technology news. The content on our site is not intended as an invitation to buy, sell, or invest in any assets. We encourage readers to conduct their own research and evaluation before making any investment or financial decisions.

hokanews is not responsible for any losses or damages that may arise from the use of information provided on this site. Investment decisions should be based on thorough research and advice from qualified financial advisors. Information on HokaNews may change without notice, and we do not guarantee the accuracy or completeness of the content published.