Attackers are taking out ads on Google for fake crypto wallets, and have stolen hundreds of thousands of dollars with these crypto scams.
Cryptocurrencies have been growing in popularity in recent years, but they’re entirely unavoidable in 2021. Bitcoin has been jumping between record peaks and shocking lows, Dogecoin made a bunch of people rich, and Ethereum is powering the rise of NFTs. On the other hand, scammers are also taking advantage of unsuspecting crypto investors with slick scams. According to Check Point Research, hundreds of investors have lost money while trying to download crypto wallets. As the researchers note, MetaMask and Phantom are two of the most popular wallets for Ethereum and Solana, respectively. They both offer browser extensions that make it easy to send and receive cryptocurrency. CPR reports that MetaMask has over 10 million users, so it’s no wonder that scammers have chosen to build an entire phishing scheme around the wallet.
