Remove “Web3 Crypto Exchange Platform” scam
The “Web3 Crypto Exchange Platform” scam is hosted on syncnoderesolver.com. The site invites users to use a cryptocurrency exchange run by AI, and asks that users connect their crypto wallets to start using it. It’s likely that users get redirected to the site hosting the “Web3 Crypto Exchange Platform” scam via social media and forum posts as malicious actors launch advertisement campaigns to lure in victims. If users connect their wallets on this site, they will initiate a crypto drainer that will steal all of the cryptocurrency in the account. It goes without saying that this scam has no connection to any legitimate crypto platforms or exchanges.
The “Web3 Crypto Exchange Platform” scam operates through syncnoderesolver.com, which may be mimicking some legitimate crypto platform or exchange. The site invites users to use the crypto exchange, “a comprehensive cybersecurity platform, driven by artificial intelligence” that not only safeguards crypto but also fixes issues. When users interact with the site and click on the “Connect Wallet” button, they are prompted to link their cryptocurrency wallets. This action activates a cryptocurrency drainer designed to gradually steal funds by executing unauthorized transactions to the scammers’ wallets. The theft may not happen immediately to prevent the wallet owners from realizing what is happening. Once the funds are transferred to malicious actors, recovering the stolen cryptocurrency becomes impossible.
These types of scams can be very successful if they are effectively promoted. Such scams highlight the importance of thoroughly verifying any platform before connecting cryptocurrency wallets, as failing to do so can result in the complete loss of funds.
How are cryptocurrency scams promoted?
Users rarely stumble upon syncnoderesolver.com and other crypto scam sites by chance. Instead, they often encounter links to the site through social media, forums, or article comments specifically designed to lure victims into scams. Malicious actors frequently exploit certain social media platforms to promote cryptocurrency scams, with X (formerly Twitter) and YouTube being especially favored by these scammers.
A common tactic involves impersonating known figures like Elon Musk. This strategy is particularly prevalent on X, where poor moderation allows crypto scams to flourish. Comments on Musk’s posts are often full of fake accounts falsely claiming he is hosting crypto giveaways or similar schemes. These impersonators create somewhat convincing profiles capable of deceiving unsuspecting or inattentive users, often linking to scams like the “Web3 Crypto Exchange Platform” scam. Scammers also pay to have their scam sites advertised on X and users’ feeds. YouTube is another major platform for cryptocurrency scams, where scammers may hijack abandoned channels with many subscribers to post fake videos featuring Elon Musk, Tesla events, and announcements about crypto giveaways.
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