The post Attackers are using fake Telegram groups and Twitter accounts to target crypto users with sophisticated scam tactics appeared on BitcoinEthereumNews.com.

Web3 anti-scam platform Scam Sniffer has identified a new strategy by crypto scammers to target users on Telegram. In a post on X, the platform observed that these bad actors now use fake Telegram groups and the impersonation of crypto personalities. According to Scam Sniffer, crypto bad actors rely heavily on the Telegram Safeguard Bot scam to access users’ devices and steal funds. They create fake X (formerly Twitter) accounts that impersonate crypto influencers. They use these impersonated accounts to comment on legitimate posts, asking users to join their Telegram groups, where they share alpha and insights. However, users who join these groups are immediately prompted to verify a fake OfficialSafeguardBot. Any user who verifies will unwittingly inject malicious PowerShell code into their clipboard. Upon executing the command, it downloads and operates malware that can compromise devices and crypto wallets. SlowMist founder Yu Xian, popularly known as Cos, noted that the malware is a Trojan horse. He said: “When you run this Powershell command, a more complex Powershell malicious code will be downloaded covertly, and eventually the Remcos remote control Trojan will be implanted in your computer, thus compromising your computer.” Cos further explained that there is another Telegram Safeguard scam where hackers trick users into releasing their account information. The scam tries to hack users’ Telegram accounts by asking for their mobile phone numbers or requesting that they scan a QR code and provide their login code and the two-step verification password, allowing it to control the account fully. Fake crypto accounts are growing on X again Meanwhile, the prevalence of the Telegram scams has also led to a rise in the number of fake crypto accounts on Twitter over the last few days. ScamSniffer reported that its monitoring systems discovered an average of 300+ fake accounts daily over…

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Filed under: News - @ December 10, 2024 8:26 pm