Topic: Beware of Fake Bounty Reward (Read 479 times)
This will serve as a warning to those people who don't know anything regarding this issues. Its actually pretty easy to figure out the scam from the legit ICO projects. Icos that ask for your private key is already fishy. So beware! Don't be stupid in giving away your private key in any bounty participation. And make sure that your accounts have 2FAs.
Sometimes people are distracted, inattentive and can give the private key to scammers. Everyone must remember not to give the private key to anyone. If someone asks for it's important, stay away from that person. Maintaining basic safety rules reduces the risk of losing money.
Typically anything that mentions that which is not available public knowledge is a scam. No private keys and if you are asked to give an email, these are free so it is easy to create a new email address for different projects/investments.
I would also suggest to checking for when will there be reward distribution for bounty participants because some campaign are starting to lock down payments for few months after ico is completed(with smart contracts)This campaign aint open about it and a lot of people are unaware of this,they usually say that it was writen in the whitepapper and lets be honest noone is reading that 
It is clear that it is not necessary to go to various obscure references and especially to introduce their private key.
If you are new you make mistakes like this. If you are experienced then sorry it is your mistake. Please do remember this: Nobody will ask you for private keys. If they do then just stay away from them. Simple right?
Hi guys, last March 23, 2018 I received an email from [email protected] which his message states that "You are entitled to receive an advance bounty reward from (Altcoin_Name) Coin Bounty Campaing for your participation. Go to the fowling address to redeem your Bounty Reward using redeem code: wwv.myetherwallet.com#redeem-token" When you open their website it will ask to enter your Private Key and wait for 3 hours to received the tokens. So guys beware of any person who will try to ask your Private Key. I had reported this issue to the owner of the Altcoin_name and sadly I was been disqualified in their bounty campaigns...
Thanks for this but for me I would never put a private key from any bounty reward . It will be suspicious for me at first attempt then I won't continue to submit any of my details either to be safe .
Thank you for sharing your experience though it turned out to be sad. The secret code is very important. It is better to have several purses for storage. One must be known only to you.
Hi guys, last March 23, 2018 I received an email from [email protected] which his message states that "You are entitled to receive an advance bounty reward from (Altcoin_Name) Coin Bounty Campaing for your participation. Go to the fowling address to redeem your Bounty Reward using redeem code: wwv.myetherwallet.com#redeem-token" When you open their website it will ask to enter your Private Key and wait for 3 hours to received the tokens. So guys beware of any person who will try to ask your Private Key. I had reported this issue to the owner of the Altcoin_name and sadly I was been disqualified in their bounty campaigns...
Any new beginner into cryoto should read the 101 on crypto.Giving away the wallet private key is like giving the ATM and the pin number .And remember if it's too good to believe then it's probably a scam
Yes thank's for the advice... There are a lots of scammer who emerged now... I can't help myself to think that this scammer will dominant us especially those person who work legally and hardly... Its quite unfair that there a lots of person who work like that... We cant blame them it is easy to make this than to work hard... But its not good... The only things we need to do is to be careful... Our efforts will not go in vain if we always do that...
the most important thing is to be ware if anyone asks your Personal Key .. this incident becomes a lesson for all of us ... and always be careful because many people cheat to earn money.
Don't believe with anything you receive from email, slack, telegram or other social media unless it's from official.
Do you noticed if it's a phising link? The scammer used "wwv" instead of "www"
Do you noticed if it's a phising link? The scammer used "wwv" instead of "www"
Only full nubs will eat this kind of scam. This is for ordinary people, who are so far from crypto world. I don't know how is possible to be so silly and enter your private key
When you are too good and innocent or a way too greedy, it happens. One more important factor is lack of knowledge. Cyber world is not very easy to deal with. The rate of scamming has increased over the last year and it is not very easy to track them. Cyber criminals have not only knowledge about technology but they understand human thinking deeply. That is why they hit the weak points of human nature. Hi guys, last March 23, 2018 I received an email from [email protected] which his message states that "You are entitled to receive an advance bounty reward from (Altcoin_Name) Coin Bounty Campaing for your participation. Go to the fowling address to redeem your Bounty Reward using redeem code: wwv.myetherwallet.com#redeem-token" When you open their website it will ask to enter your Private Key and wait for 3 hours to received the tokens. So guys beware of any person who will try to ask your Private Key. I had reported this issue to the owner of the Altcoin_name and sadly I was been disqualified in their bounty campaigns...
"Wait for 3 hours to received your tokens" and that has the same mean if we are giving the time for the scammers up to 3 hours to move our balance to the scammer wallet. What a shady method by scammer in these days. There are so many fake emails right now and be careful with everything.
But imagine the strategy of that person... In order to earn thay will gonno do it... Everyone especially the begginer in crypto should be aware of it...
Only full nubs will eat this kind of scam. This is for ordinary people, who are so far from crypto world. I don't know how is possible to be so silly and enter your private key
That is so predictable to be scam. First of all, legit rewards will ask for your address but not for your private key. Never trust ICO or people who are requiring you to enter your private key. Scammers have a lot of way just to deceived people
I also have opinion that if a person just keeps his eyes open and uses his brain or question all the demands of an ICO, it is not very difficult to plot a scam. Scams are actually very easy to be spotted out.They ask for credentials that are not even the requirement of the task being performed. Scammers will always try to get their hands on important and private information. Still, people are scammed and the rate is increasing gradually.
Scammers basically play on ones greed.
If you are not drawn away by your lust and enticed , i doubt if they'd get through to you.
That is how is see it though.
If you are not drawn away by your lust and enticed , i doubt if they'd get through to you.
That is how is see it though.
never ever believe anyone who is asking for your private key, this is a scam, hopefully people now should be able to distinguish legit from fake.
Becarefull they probably want to hack you through phising or they want to know your id. Bpunty manager will never email bounty hunter for claiming the payment. It will be done automatically i always do bounty and never give anything through email.
That's true that is why I always ignore email that asks for my private key or sends them funds to a particular wallet, everything has a process for this, these scammers are now innovative always find ways to scam newbies so beware.
Thanks for this reminder. Luckily you didn’t fall for their trap. I’m sometimes really got easily tempted seeing this too good to be true scam giveaways keep poping on my email. And whats worst is that they are not sometimes filtered as scam by gmail which can be viewed right away in my inbox.
Jump to: