Remove “Pi Network Airdrop” crypto scam

“Pi Network Airdrop” crypto scam refers to fake websites that imitate the legitimate Pi Network Airdrop (minepi.com) website to phish users’ cryptocurrency wallet login credentials. The scam is hosted on sites like 2pidays.net and 2pidays.us, and these sites are designed to look like the legitimate minepi.com site. The scam sites promote fake airdrops. If users interact with the scam sites, their cryptocurrency wallet login information may be stolen, allowing malicious actors to drain users’ wallets.

 

 

There has been an increase in these types of scams recently, with malicious actors making fake imitations of legitimate crypto platform websites to trick users into either revealing their wallet login credentials or initiating a crypto drainer. This particular scam is imitating Pi Network, a decentralized crypto project that enables users to interact with the native PI token and mine it on mobile devices. The legitimate Pit Network is hosted on minepi.com.

Sites like 2pidays.net and 2pidays.us are fake imitations of the legitimate site, and they’re phishing for login credentials. These sites use a similar design to the legitimate site, and users not familiar with Pi Network will not even notice the difference. Both sites are promoting an airdrop in celebration of the platform’s supposed 6th birthday. Supposedly, the platform will give away 62-628 Pi tokens to 62,800 wallets. If users engage with the site and try to participate in this airdrop, they will be asked to type in their cryptowallet login credentials. If users do, the credentials are stolen and sent to the malicious actors operating this scam campaign. This could lead to all funds being drained from the wallet.

It goes without saying that the legitimate Pi Network has nothing to do with this or similar scams. The platform’s name is merely used to scam users. Unfortunately, if you have already fallen for it and the funds in your wallet have been drained, there is nothing you can do to get them back.

Crypto scams are often promoted on various social media platforms

Malicious actors promote these cryptocurrency scams, including the “Pi Network Airdrop” scam, on social media, forums, and the comment sections of crypto articles and videos. Scammers particularly like social media platforms to push these crypto scams, with X (formerly Twitter) and YouTube standing out as particularly popular platforms for such activities.

One prevalent tactic used by scammers is impersonating well-known figures in the cryptocurrency world, with Elon Musk being a frequent target. The poor moderation on platforms like X allows these scams to be seen by a wide audience, making them a good choice for malicious marketing campaigns. For instance, the comments on Musk’s tweets are filled with fake accounts that imitate his profile, often promoting fake crypto giveaways, investment schemes, and airdrops. While these fraudulent accounts may not appear highly convincing upon closer examination, they can easily deceive inexperienced users who are not in the habit of double-checking details.

YouTube also serves as a major hub for crypto scams. In many cases, scammers hijack inactive channels with a solid number of subscribers to lend credibility to their scams. They tailor these channels to promote fraudulent crypto platforms and airdrops, often showing livestreams from Tesla events or conferences where prominent people in the crypto world give presentations, with the scams being promoted on the side. The scams promise substantial returns to potential investors, making these scams particularly effective in attracting inexperienced individuals looking to invest.