Fraudsters use Google’s platform to promote phishing sites
Google appears to be promoting a malicious crypto website that directs users to a phishing website clone.
According to a report by BleepingComputer, threat actors have found a way to promote a fake Wells market from an over-the-counter (OTC) cryptocurrency platform that facilitates trading of over-the-air tokens.
According to the report, the fake version is being advertised as a sponsored link at the top of Google search results.
Cointelegraph has confirmed that Google is currently promoting the Fake Wells Market as an ad. Even if it shows a real-looking domain address on the search results page, users will be redirected [www.whaels.market] rather than the correct one [www.whales.market] When you click.
BleepingComputer also reported that the malicious actors registered several domains impersonating the Welsh market. [www.whaless.market]Already inactive.
The fake version replicates the interface of the real Welsh Market site, tricking users into linking their digital wallets. However, in doing so, malicious scripts are activated, drawing crypto from the victim's wallet.
This incident contributes to similar incidents where fraudsters have used Google's platform to offer deceptive services.
For example, the billionaire investor and owner of the Dallas Mavericks, Mark Cuban, had a fresh wallet leaked by an anonymous hacker, with nearly $900,000 worth of crypto.
RELATED: Fraud Projects Using Stolen Funds for Liquidity Gone
In December 2023, fraudsters used a wallet draining service called “MS Drainer” to get nearly $59 million from victims over the past nine months.
The scammers used Google Ads to target victims with fake versions of popular crypto websites, including Zapper, Lido, Stargate, Defilama, Orbiter Finance and Radiant.
While the individuals responsible for this latest phishing campaign are still unknown, it appears that Google is cracking down on scammers.
In April, Google sued Yunfeng Sun and Hongnam Cheng, Chinese nationals, for defrauding individuals through the Google Play Store by making fake crypto investments.
Wallet leaks have become a major problem in the Web3 ecosystem. In the year In November 2023, the developer of the “Inferno” leak says he will retire after successfully stealing more than $80 million from victims over the lifetime of the software.
In March, the developer of “Monkey Drainer,” which successfully hacked up to $13 million, announced his retirement.
Magazine: Google Sues Crypto App Scammers, Crypto.com In Korea
