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Author Topic: Another day another scam  (Read 227 times)
whotookmycrypto (OP)
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March 27, 2019, 02:20:51 AM
Last edit: March 27, 2019, 02:54:37 AM by whotookmycrypto
Merited by dbshck (2), OmegaStarScream (1), HCP (1), bones261 (1)
 #1

It seems like only yesterday that the Electrum phishing scam happened.

Well another one has emerged and this time in the form of a YouTube ad. The YouTube ad directs users to download a fake Electrum wallet.

YouTube ad shown to user:


What is actually downloaded by user:

Download comes from elecktrum.org, not electrum.org

YouTube has already taken action to remove the malicious ad. If you haven't already blocked YouTube ads, do get uBlock Origin for your browser. Available on Chrome and Firefox. For other nifty tools to protect you as you browse the web, see this.

This certainly wouldn't be the last time an attack happens on Electrum.

Stay safe.

Source: https://www.reddit.com/r/Bitcoin/comments/b5mn17/beware_youtube_is_advertising_a_malware_version/

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Lucius
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March 27, 2019, 11:26:17 AM
 #2

This is nothing new, such things happen on daily basis and pose a threat only to those who have no basic knowledge of using the internet. When such people enter in cryptocurrency mostly bad things happen. To avoid such things every browser should have adblock, but this is not something that is build in browsers, and that extra step of installing adblock for some peopl is just too much demanding. Scams will happen as long as there are people who are allow themselves to be deceived.

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whotookmycrypto (OP)
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March 27, 2019, 12:42:03 PM
 #3

This is nothing new, such things happen on daily basis and pose a threat only to those who have no basic knowledge of using the internet. When such people enter in cryptocurrency mostly bad things happen. To avoid such things every browser should have adblock, but this is not something that is build in browsers, and that extra step of installing adblock for some peopl is just too much demanding. Scams will happen as long as there are people who are allow themselves to be deceived.

Agreed. Such things happen all the time. Instead of just adblock think it is more important to verify PGP signatures of downloads instead. For those wondering, this is a solid writeup on it: https://bitcointalk.org/index.php?topic=4059348.0

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March 27, 2019, 10:52:44 PM
 #4

Google ads must be aware of this kind of strategy to keep our community safe. I'm sure that who owns the ads is from Indian country because I bought a course from BHW called "zero cost advertising" and joined in their big skype group and most of them are Indian people.
The method is abusing the $100 USD free from google ads and advertise anything they want and bypass the google terms by clocking the landing page.

I hope that Google should remove the free $100 advertisement because this is the reason why we suffer about this kind of strategy that promotes a fake wallet in Google, Youtube and other Google ads partners.

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adaseb
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March 28, 2019, 04:08:31 AM
 #5

Google ads must be aware of this kind of strategy to keep our community safe. I'm sure that who owns the ads is from Indian country because I bought a course from BHW called "zero cost advertising" and joined in their big skype group and most of them are Indian people.
The method is abusing the $100 USD free from google ads and advertise anything they want and bypass the google terms by clocking the landing page.

I hope that Google should remove the free $100 advertisement because this is the reason why we suffer about this kind of strategy that promotes a fake wallet in Google, Youtube and other Google ads partners.

Removing the $100 free add won't help because the hacker will just use some stolen CC's he buys off the dark-web. The amount of ad campaigns that are created everyday far outweights the amount of staff on hand in Google's fraud department to detect all these scams.

This is actually the reason why most Credit Card companies and Facebook ads have banned anything related to Crypto because there was just too much scam going around and it was a headache and they just removed them all together.

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