How to avoid losing cryptocurrency on fake platforms like $BASING PRESALE

What is "$BASING PRESALE"?

In our analysis of the website presale.basingonbase[.]org, which promotes the presale of $BASING digital assets (cryptocurrency), we uncovered fraudulent activity. This scam operates by deceiving individuals into thinking they can acquire $BASING at a discounted rate, with the ultimate goal of cryptocurrency theft orchestrated by the scammers behind it.

"$BASING PRESALE" scam in detail

This scam page appears to be masquerading as a legitimate presale platform for $BASING digital assets (cryptocurrency). It showcases transactions supposedly made by users, indicating deposits of Ethereum (ETH) into the presale. The page specifies a presale cap of 1000 ETH and offers a conversion rate of 0.1 ETH for approximately 99,500 $BASING tokens.

Additionally, it states the total supply of $BASING as 100,000,000 tokens. However, despite the appearance of a genuine presale, the scam operates to deceive users into "connecting" their wallets and signing a malicious contract. Once users take these actions, a cryptocurrency drainer is activated, leading to the unauthorized withdrawal of funds from their wallets.

Once the cryptocurrency drainer is activated, it initiates the unauthorized transfer of the victim's cryptocurrency to the scammer's wallet. This malicious mechanism enables the scammer to siphon off funds from unsuspecting users, resulting in financial loss.

In the context of cryptocurrency transactions, once a transfer has been conducted and recorded on the blockchain, it becomes exceedingly difficult, if not impossible, to reverse it. Therefore, victims of cryptocurrency scams often face significant obstacles in recovering their lost funds.

Threat Summary:

Name	$BASING fake crypto presale
Threat Type	Phishing, Scam, Social Engineering, Fraud
Fake Claim	Individuals can buy tokens at a lower rate
Disguise	Legitimate cryptocurrency ($BASING) presale
Detection Names (presale.basingonbase[.]org)	N/A (VirusTotal)
Symptoms	Lack of official verification, unrealistic claims, too good-to-be-true promises.
Distribution methods	Compromised social media accounts, hijacked websites, rogue online pop-up ads, phishing emails, unwanted applications.
Damage	Loss of sensitive private information, monetary loss, identity theft, possible malware infections.
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Conclusion

In conclusion, the scam masquerading as a legitimate cryptocurrency presale serves as a cautionary tale regarding the importance of thorough due diligence and skepticism in the digital landscape. Despite its convincing appearance, the scam operates with the sole intent of deceiving users and siphoning off their cryptocurrency assets.

Ultimately, staying informed and vigilant is paramount in safeguarding oneself against such scams and mitigating potential financial losses. More examples of scams involving cryptocurrency drainers are "BITCOIN BSC Scam", "Mode Sunrise Airdrop Scam", and "$PAPE Pre-Sale Scam".

How did I open a scam website?

Scammers employ various tactics to disseminate their fraudulent schemes, and a common method involves taking over verified social media profiles. These profiles may belong to celebrities, public figures, or reputable businesses. By compromising these trusted platforms, scammers lure unsuspecting users to their deceptive websites, where they are manipulated into becoming victims of the scam.

Additionally, users may encounter scam pages through deceptive advertisements, pop-ups, notifications from untrustworthy sites, and hijacked websites (mostly WordPress sites). Furthermore, scammers frequently use websites with domains that closely resemble those of legitimate projects to trick users.

Furthermore, users can unintentionally arrive on pages hosting scams while browsing websites that utilize rogue advertising networks, such as torrent sites or illegal movie streaming pages.

How to avoid visiting scam pages?

Before taking any actions online, verify website URLs to confirm they match official domains. Exercise caution when interacting with online advertisements, buttons, and pop-ups on questionable pages. be vigilant when dealing with unexpected or irrelevant emails containing links, especially if they come from unfamiliar addresses.

Avoid permitting dubious sites to show notifications and downloading software from unofficial sources like third-party app stores, unofficial websites, or peer-to-peer (P2P) networks. Obtain apps and files from official pages and app stores. If your computer is infected with unwanted apps, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate them.

The appearance of "$BASING PRESALE" scam (GIF):

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Quick menu:

• What is $BASING fake crypto presale?
• How to identify a pop-up scam?
• How do pop-up scams work?
• How to remove fake pop-ups?
• How to prevent fake pop-ups?
• What to do if you fell for a pop-up scam?

How to identify a pop-up scam?

Pop-up windows with various fake messages are a common type of lures cybercriminals use. They collect sensitive personal data, trick Internet users into calling fake tech support numbers, subscribe to useless online services, invest in shady cryptocurrency schemes, etc.

While in the majority of cases these pop-ups don't infect users' devices with malware, they can cause direct monetary loss or could result in identity theft.

Cybercriminals strive to create their rogue pop-up windows to look trustworthy, however, scams typically have the following characteristics:

• Spelling mistakes and non-professional images - Closely inspect the information displayed in a pop-up. Spelling mistakes and unprofessional images could be a sign of a scam.
• Sense of urgency - Countdown timer with a couple of minutes on it, asking you to enter your personal information or subscribe to some online service.
• Statements that you won something - If you haven't participated in a lottery, online competition, etc., and you see a pop-up window stating that you won.
• Computer or mobile device scan - A pop-up window that scans your device and informs of detected issues - is undoubtedly a scam; webpages cannot perform such actions.
• Exclusivity - Pop-up windows stating that only you are given secret access to a financial scheme that can quickly make you rich.

Example of a pop-up scam:

How do pop-up scams work?

Cybercriminals and deceptive marketers usually use various advertising networks, search engine poisoning techniques, and shady websites to generate traffic to their pop-ups. Users land on their online lures after clicking on fake download buttons, using a torrent website, or simply clicking on an Internet search engine result.

Based on users' location and device information, they are presented with a scam pop-up. Lures presented in such pop-ups range from get-rich-quick schemes to fake virus scans.

How to remove fake pop-ups?

In most cases, pop-up scams do not infect users' devices with malware. If you encountered a scam pop-up, simply closing it should be enough. In some cases scam, pop-ups may be hard to close; in such cases - close your Internet browser and restart it.

In extremely rare cases, you might need to reset your Internet browser. For this, use our instructions explaining how to reset Internet browser settings.

How to prevent fake pop-ups?

To prevent seeing pop-up scams, you should visit only reputable websites. Torrent, Crack, free online movie streaming, YouTube video download, and other websites of similar reputation commonly redirect Internet users to pop-up scams.

To minimize the risk of encountering pop-up scams, you should keep your Internet browsers up-to-date and use reputable anti-malware application. For this purpose, we recommend Combo Cleaner Antivirus for Windows.

What to do if you fell for a pop-up scam?

This depends on the type of scam that you fell for. Most commonly, pop-up scams try to trick users into sending money, giving away personal information, or giving access to one's device.

• If you sent money to scammers: You should contact your financial institution and explain that you were scammed. If informed promptly, there's a chance to get your money back.
• If you gave away your personal information: You should change your passwords and enable two-factor authentication in all online services that you use. Visit Federal Trade Commission to report identity theft and get personalized recovery steps.
• If you let scammers connect to your device: You should scan your computer with reputable anti-malware (we recommend Combo Cleaner Antivirus for Windows) - cyber criminals could have planted trojans, keyloggers, and other malware, don't use your computer until removing possible threats.
• Help other Internet users: report Internet scams to Federal Trade Commission.

Frequently Asked Questions (FAQ)

What is a crypto scam?

Cryptocurrency scams trick individuals into transferring their cryptocurrency or revealing sensitive information. They usually rely on deceptive tactics and false promises to exploit trust.

Is it possible to retrieve lost crypto funds?

In cryptocurrency transactions, once a transfer has been executed and logged on the blockchain, reversing it becomes extremely challenging, if not entirely impossible. Consequently, individuals victimized by cryptocurrency scams encounter substantial hurdles when attempting to recover their lost funds.

Why do I encounter crypto scams?

Scammers distribute their scams via various channels, including phishing emails, social media platforms (compromised profiles or misleading ads), deceptive advertisements, and pop-ups on untrustworthy websites. Also, they use hijacked websites and leverage websites associated with rogue advertising networks, such as torrent sites or illicit movie streaming pages, to propagate their scams.

Will Combo Cleaner protect me from scams?

Combo Cleaner features a scanning technology to quickly analyze websites, accurately identifying scam pages. Upon detection, users receive immediate notifications, and access restrictions are promptly enforced.

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