Threat Database Spam 'ETH (Ethereum) Giveaway' Scam

'ETH (Ethereum) Giveaway' Scam

The 'ETH (Ethereum) Giveaway' emails have been identified as part of an ill-minded phishing campaign. The people behind it are attempting to deceive recipients into providing sensitive information on a fake website. They falsely promise that users can receive 3 ETH by connecting their crypto-wallets with the provided site. However, this is a misleading tactic and the email should be completely ignored and not responded to in any way.

The Fake Promises Found in the 'ETH (Ethereum) Giveaway' Scam Emails

The scam emails target individuals who are actively involved in the crypto sector. It claims that they have an opportunity to receive an instant addition of 3 ETH to their wallet by accessing a certain exchange website by using the 'conveniently' provided link and connecting it with their currently active wallets. The email also states that the number of ETHs being distributed is limited, and further details regarding the process can be found within users' accounts once their wallets have been successfully connected. At the current exchange price of the Ethereum cryptocurrency, the sum promised by the fraudsters is worth approximately $9 000.

However, all of the information found in the emails is false, and the provided link was discovered to be non-functional. It is highly likely that the link leads to a phishing website that requests login details from unsuspecting victims, allowing con artists to access and drain cryptocurrency wallets.

How to Spot Misleading Messages Like the 'ETH (Ethereum) Giveaway' Emails?

The first step is to evaluate whether or not the email is from a reputable sender. Generally, valid companies will not use random email addresses and hastily composed subject lines — they would at least fill out their names in the From field and have a professional subject line. Conversely, schemes generally have grammar mistakes and bad etiquette – that should be a sign to delete it right away or block the address entirely.

When there is an urgent situation involving money, criminals may use deceptive tactics to force people into acting fast without properly evaluating if a certain message is legitimate. Before clicking on any link included within the email body, ask yourself if any action requested by someone on an email is expected from you - if not, then it could very likely be fraudsters trying to 'rope' you into their offer or deception.

It also is crucial not to click on any links from unsolicited emails without checking their destinations in advance. You can usually see them by hovering with the cursor over the link before clicking on it. The same caution should be applied when dealing with files attached to emails that are not from trusted sources, as these often contain unsafe code or intrusive applications. If an email requests personal or financial information, never provide it before contacting the supposed company through other means, such as via telephone.


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