Threat Database Spam 'BNB Chain Airdrop' Scam

'BNB Chain Airdrop' Scam

Cybersecurity experts are issuing a cautionary advisory to users regarding the 'BNB Chain Airdrop' due to its fraudulent nature as a counterfeit cryptocurrency giveaway. Disguised as an airdrop for the BNB (formerly known as Binance coin) cryptocurrency, this scheme is designed with the intent of acquiring login credentials for victims' crypto-wallets. Notably, the deceptive 'BNB Chain Airdrop' has been identified as being disseminated through phishing spam campaigns, amplifying the risk associated with falling victim to this scheme. Users are urged to exercise heightened vigilance and skepticism to safeguard their cryptocurrency assets and personal information from potential compromise.

The 'BNB Chain Airdrop' Scam Makes False Promises to Visitors

This deceptive scheme masquerades as an airdrop, a promotional tactic involving the free distribution of a new cryptocurrency, with the claimed offering being the BNB currency (Binance coin). It is crucial to emphasize that this purported airdrop is, in fact, a tactic, and individuals falling prey to it won't receive any funds; instead, they risk losing the digital currency stored in their wallets.

Upon clicking the 'Check Eligibility' button, users encounter a pop-up window prompting them to connect their cryptocurrency wallet. Various wallets are targeted in this process, including Absolute, Ambire, BC Vault, Certhis, Cypherock, Fireblocks, Infinity, Ledger, MetaMask, NOW, Rainbow, Sahal, Spot, Trust and Zerion.

By gaining access to compromised digital wallets, the fraudsters can potentially take control of the funds within them. Cryptocurrency transactions, being virtually untraceable, are practically irreversible. Consequently, victims of such tactics find themselves unable to recover the misappropriated cryptocurrency.

In the event that users suspect their login credentials have been compromised, the recommended course of action is to change passwords or passphrases for all potentially exposed platforms promptly. Additionally, contacting the official support channels of these platforms is advised to address the security breach without delay. This comprehensive approach is essential for mitigating the potential impact of the scam and securing the affected user accounts.

Online Schemes Can Be Propagated Through Various Methods

The 'BNB Chain Airdrop' scam has been identified as employing spam emails as a primary method of promotion. At least two variations of the fraudulent correspondence have been observed, both aimed at endorsing this deceptive cryptocurrency airdrop. However, alternative promotion methods also are viable across various channels, such as emails, private messages (PMs)/direct messages (DMs), SMSes and social media posts.

The deployment of deceptive pages is another tactic often triggered when a user accesses a website utilizing rogue advertising networks. In some cases, rogue websites can initiate redirects to these deceptive pages upon user interaction with hosted content, including buttons, text input fields, pop-ups, links, and other elements.

Moreover, intrusive advertisements and spam browser notifications are leveraged to propagate online tactics. The intentional misspelling of a website's URL can also lead to redirects or redirect chains, guiding users to deceptive Web pages. Adware, a type of unwanted software that displays intrusive advertisements, is yet another avenue through which scams are endorsed, with these advertisements promoting fraudulent activities or forcefully opening websites associated with schemes. This multifaceted approach highlights the adaptability and persistence of the 'BNB Chain Airdrop' scam across various online platforms. Users are urged to exercise caution and employ robust security measures to mitigate the risks posed by these deceptive tactics.


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