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Topic: Beware of such ads on Instagram & Facebook! - page 2. (Read 379 times)

hero member
Activity: 1498
Merit: 711
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People can easily fall on Social media scam, but I want you to understand anyone who knows what wallet is all about should not or will leave it wallet to be unsecured, before someone hack your wallet they most be a loophole or reviewed secret of the wallet, sometimes I don't believe on some Theory people give, because in this case of op, I might say that it's a framed work from the explanation, because  if I should go further to ask questions it might  result much arguments
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
I am still surprised why Meta does not make any effort to remove this type of content, even though they have enough capabilities, resources and technology to curb this fraud, if not reduce the fraud rate to zero.
The scammers are also lazy and their methods are easy to learn, however Meta leaves all the side to the users who waste their life effort believing these ads.

Does meta actually care about their users wellbeing, aren't they the same company selling their customers data to the highest bidders on the market and constantly tapping our device to find information they can use to make their service better (as they said) meanwhile we know the real reason behind them tapping our devices. A company that doesn't care about their customers privacy shoudn't be trusted and that's why I don't believe any ads I see on Facebook or any of their sister platforms like Instagram etc.

Meta only care about their revenue which is why they'll accept anyhow ads without doing their due diligence, and then instead of them using that revenue generated to improve their services, they'll use the money in focusing on the wrong things like lobbing persecutors to try to takedown their competitors like tiktok by labelling them the bad guys meanwhile it's facebook (sorry meta) that has been found guilty on numerous occasions of security breaches. OP nice update, people should just avoid meta platforms ads entirely to stay safe.
legendary
Activity: 2184
Merit: 1302
@dzungmobile you are giving people the wrong advice by telling them to store huge amounts of crypto on a computer,  do you know that a computer is very vulnerable to viruses and malware?
A user can store huge amounts of Bitcoin in their computer if it is a cold/air-gapped wallet, and you could even make it a multi-sig wallet for more security, and all of that is what @dzungmobile said, thus they are correct. If the wallet in the computer is a cold wallet, thus the device is air-gapped and it is not vulnerable to viruses/malwares.
Scammers are just coming up with new tactics everyday just to scam people
Scammers are not inventing new tactics, these has been their modus operandi for quite a long time now; they just target avaricious and naive people.
sr. member
Activity: 770
Merit: 445
Whenever I see any ads on how to recover your lost wallet private key, your lost bitcoin or other things like that, I don’t even care to check it out because am sure all of them are scammers, at the end they will end up sending you link to click or they will start asking for your private informations. Thanks for sharing this information am sure it will be very useful for members in this forum. Scammers are just coming up with new tactics everyday just to scam people, I don’t trust all those ads I see on instagram, Facebook, twitter and YouTube, some of them are just scam ads. To me we shouldn’t just trust most of the ads we see on social media most especially when it’s related to cryptocurrency.
sr. member
Activity: 952
Merit: 275
Such ads are everywhere online, not only on Facebook and Instagram, it's very common on Twitter too, even some on Telegram if you don't privatize your Telegram security settings.

@dzungmobile you are giving people the wrong advice by telling them to store huge amounts of crypto on a computer,  do you know that a computer is very vulnerable to viruses and malware?

Do not store big amounts of crypto on your computer unless you don't connect your computer to the internet and I doubt that you aren't browsing on the computer already, hardware wallet is the safer place for a huge amount of cryptocurrencies.

A android smartphone is perfect for hot wallet like trust wallets and electron wallet since you will be sending and receiving transactions from time to time but if you want to buy and lock your coins away with any worries you need a hardware wallet, not a Computer.
sr. member
Activity: 854
Merit: 424
I stand with Ukraine!
  • You should not store big amount of Bitcoin / cryptocurrency on your mobile devices. If you store it, just store a small amount which is needed when you're hanging out, for convenience
  • Bigger amount should be stored on your computer/ laptop (should be multi-sig wallets or cold wallets or air-gapped walelts) or hardware wallets.
  • Trying to build a practice to not be curious and click on any link including advertisement link
hero member
Activity: 868
Merit: 737
Most scams like this are targeting newbies. Since if you are experienced in this industry you'll be aware if someone message you like the OP's examples, then we could tell if it's legit or not by just looking at bot message or the contact itself. But newbies fall for this trick, as they don't know how this industry work they would just follow some simple rules that they think are actually helping. Let's be honest that in the internet, there's an automated messages that also from legitimate contacts so it would confuse a lot of newbies.
yes, one of the targets is newbies, but in a new era today where many expert people still got scammed by fake investments and stealing the asset by private keys, I really sure the scammer will choose it randomly, not only newbies but expert people who don't know or just knew the non-custodial wallet. So, We are known for a long time ago, facebook or any kind of social media is a nest of scammers, the scammer gathered there to just make plans and strategy how to steal what you have. So if we are in crypto, we must be careful, don't trust anyone even if yourself.
hero member
Activity: 700
Merit: 541
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A telegram bot? LMAO.

From the moment I set my eyes on the design of their ads I already knew that it was a scam, I don't know if anyone noticed but alot of scam this days have a pattern they use for their ANN and ads design it seems like they normally lookk for a cheap-ass graphics designer to do their job for them.

Well it says “click to join our private community”, I think the telegram bot takes you to a group chat/channel where they post testimonies of how good their software works and a tag to contact the admin for help. Anyone who is dumb enough to get to this stage of contacting admin is likely to get scammed.

Exactly my thoughts, most times when you stay for a long time in the group chat even when you never had the intention of participating in their so called money making strategy but because of the fake realistics testimonies being provided by fake or socket-puppet accounts you might be tempted to put your money in it. I have seen and heard stories from people about how they fell for such a scam and that's why both newbies and veteran members should remain vigillant of this type of scam.
hero member
Activity: 994
Merit: 744
Why are hackers targeting mobile devices
Because mobile devices are always with us because we must use them constantly, if they are successful in installing malware or anything else just to obtain your personal information and scam you that's their target.


Yes, right. Social media platforms such as Facebook and Instagram are exploited by criminals who try to deceive users by using promotional advertisements for cryptocurrency phishing. They may create false advertisements that display false promotions, display deceptive images or information, and encourage people to click on the advertisements.
Scammers have diminished the dignity of social media in the eyes of our parents, who see it as a haven for scammers rather than a platform that brings people from all over the world together.


Quote
It is very important for us when using social media to check the legitimacy of the website before entering any personal information or carrying out any financial transactions on the internet. Always use official, trusted sites for transactions, and never click on suspicious or unknown ads. Do not be easily tempted by promotional offers that are too good to be true and always exercise caution when dealing with cryptocurrencies.
If everyone can recognize such links, we will avoid them rather than clicking on them, but the scammers design the ad in such a way that we will believe it is too real. To avoid losing your coin, avoid clicking any link on any social media platform that you are unsure of.
hero member
Activity: 1918
Merit: 564
It was an obvious scheme to lure people into using these bots and install a malware to hack the unsuspecting victim.

This term is obviously a lie.  And one of the indicator that the advertiser is planning something evil.  Who would have profited in finding his own lost wallet?

I haven't seen many cryptocurrency-related scam advertisements on Facebook, to be honest. I'm not sure if it's a coincidence, regulations that block them, or user reports, but I've seen an abundance of so-called entrepreneurs and Ponzi schemes. I can't comprehend that someone could fall for such a scam, while at the same time I'm wondering what this Telegram bot could possibly do to trick you into installing some unknown software—how and why on earth would someone do that? Even a cryptocurrency newbie wouldn't fall for that, unless they're also targeting naive people who have no relation to cryptocurrencies, tricking them into thinking that it's something that is possible.

It was rampant some years ago but because of the frequent case of scams, social media is now very sensitive about these incidents.  This crypto related scam advertisement are probably filtered or reported by users, reason why there are lesser advertisement like this on the social media today.  If there is an attempt like this scam attempt, it is quickly taken down or removed if some users reported it.

It is very important for us when using social media to check the legitimacy of the website before entering any personal information or carrying out any financial transactions on the internet. Always use official, trusted sites for transactions, and never click on suspicious or unknown ads. Do not be easily tempted by promotional offers that are too good to be true and always exercise caution when dealing with cryptocurrencies.

We must be very vigilant and don't believe everything that is advertised on social media because it is unregulated and scammers are rampant taking advantage of the lack of regulation of the social media platforms.
legendary
Activity: 2436
Merit: 1104
I agree with SatoPrincess, the link would probably bring you to a private channel where people would give fake feedback to convince you to use the "service"

thanks for sharing this by the way.

Since Facebook and Instagram advertisements are unregulated, scammers are taking advantage of this opportunity to scam more people.
it is regulated, but they are just too damn lazy and greedy to actually do their job, scammers know this and that is why they take that opportunity to scam people. they would rather gain profit from those ads than to actually protect their platform users, and when you report a scam ad/s there would rarely be any action being done.
sr. member
Activity: 420
Merit: 272
Yes, right. Social media platforms such as Facebook and Instagram are exploited by criminals who try to deceive users by using promotional advertisements for cryptocurrency phishing. They may create false advertisements that display false promotions, display deceptive images or information, and encourage people to click on the advertisements.

When someone clicks on the ad, they can be taken to a phishing website that mimics the official site of a popular cryptocurrency exchange or digital wallet. Then, users are asked to enter their personal information, such as a username, password, or request a Private Key, which can be misused by criminals.

It is very important for us when using social media to check the legitimacy of the website before entering any personal information or carrying out any financial transactions on the internet. Always use official, trusted sites for transactions, and never click on suspicious or unknown ads. Do not be easily tempted by promotional offers that are too good to be true and always exercise caution when dealing with cryptocurrencies.
hero member
Activity: 994
Merit: 701
Since Facebook and Instagram advertisements are unregulated, scammers are taking advantage of this opportunity to scam more people. As a newbie who knows nothing about bitcoin or cryptocurrency and is unaware that the transaction is irreversible, they will immediately follow the instruction and fall into the hands of this fraudster.

To me, even though the adverts on the website appear to be genuine, the fact that it quickly led me to Telegram to continue with a Telegram bot raises a red flag. Cases like this should be reported so that Instagram can remove similar adverts, although this may take longer than intended. They don't easily take down such with few reports, and I believe they are more concerned with money than with reports like these until they no longer have a choice.
hero member
Activity: 1680
Merit: 845
I haven't seen many cryptocurrency-related scam advertisements on Facebook, to be honest. I'm not sure if it's a coincidence, regulations that block them, or user reports, but I've seen an abundance of so-called entrepreneurs and Ponzi schemes. I can't comprehend that someone could fall for such a scam, while at the same time I'm wondering what this Telegram bot could possibly do to trick you into installing some unknown software—how and why on earth would someone do that? Even a cryptocurrency newbie wouldn't fall for that, unless they're also targeting naive people who have no relation to cryptocurrencies, tricking them into thinking that it's something that is possible.
sr. member
Activity: 2520
Merit: 280
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Social media never cared about what they are showing it to their audience when it comes to content as well as the advertisement, so someone can post a fake site link and pay some dollars to show it to the people so more you pay then more people will see it and myself reported such kind of ads on every platform but it keep showing until they took down after reach certain reports but by that time atleast few people might fell for the scam.

hero member
Activity: 2604
Merit: 816
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If someone offers to help with something that seems too good for many people to do, we should suspect them because it could be a scam. Especially if they tell us to use something that might look normal so we won't suspect it is a sign of fraud.

I think many cases have trapped many people in fraud cases without them being aware. By looking at the screenshot, we have to be suspicious and not continue it because it could end up being a scam that happened to us.

But I don't know. Maybe some beginners will be stuck with what people say, so they will do what they want. And finally, they will usually ask for money to be sent to their wallet and leave the victim without notification.
legendary
Activity: 2688
Merit: 3983
Today I came across a few advertisements on Instagram (I am sure they would appear on Facebook too) that promise a program can find lost/forgotten cryptocurrency wallets.
What do you think this Telegram bot will do? Grin

I am still surprised why Meta does not make any effort to remove this type of content, even though they have enough capabilities, resources and technology to curb this fraud, if not reduce the fraud rate to zero.
The scammers are also lazy and their methods are easy to learn, however Meta leaves all the side to the users who waste their life effort believing these ads.


Increasing awareness will make these scammers pay Meta for free or revenue for their scam.
hero member
Activity: 2716
Merit: 698
Dimon69
Today I came across a few advertisements on Instagram (I am sure they would appear on Facebook too) that promise a program can find lost/forgotten cryptocurrency wallets. For me, that was a red flag! The inquisitive me was eager to know what exactly was being offered. I went ahead and followed as instructed and found a telegram bot that was designed to install Malware on my mobile device.



It’s odd such ads to see on facebook and telegram because they usually strict with the content but you will only watch that ads if your social media activity is more on investment since this ads use a smart targeting that available only for user that have an interest with that same topic.

Normal user that doesn’t have interest on that thing will not gonna see it. But of course, there’s always a gullible person that wants to try this kind of stuff online for a quick reach ambition. Maybe there’s few victim but that’s part of learning lesson.
jr. member
Activity: 73
Merit: 7
Most scams like this are targeting newbies. Since if you are experienced in this industry you'll be aware if someone message you like the OP's examples, then we could tell if it's legit or not by just looking at bot message or the contact itself. But newbies fall for this trick, as they don't know how this industry work they would just follow some simple rules that they think are actually helping. Let's be honest that in the internet, there's an automated messages that also from legitimate contacts so it would confuse a lot of newbies.
hero member
Activity: 966
Merit: 701
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Well it says “click to join our private community”, I think the telegram bot takes you to a group chat/channel where they post testimonies of how good their software works and a tag to contact the admin for help. Anyone who is dumb enough to get to this stage of contacting admin is likely to get scammed.

Phishing scams are popular these days, it’s very risky to open links on the internet, your device may get compromised.
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