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How to identify fake offers like "DOGE20 Presale"

Also Known As: Fake DOGE20 cryptocurrency presale
Damage level: Medium

What is "DOGE20 Presale"?

While examining the DOGE20 presale, we uncovered evidence indicating that it is a fraudulent scheme (a scam) designed to deceive individuals into thinking they can acquire DOGE20 cryptocurrency at a discounted rate. The primary objective of the scammers orchestrating this scheme is to steal the digital assets of unsuspecting victims.

DOGE20 Presale scam

"DOGE20 Presale" in detail

The scam entices users with the opportunity to purchase DOGE20 tokens in a presale, purportedly at a discounted rate. It creates a sense of urgency by displaying a countdown timer indicating the time left until the next price increase. Additionally, it showcases the amount of USDT (Tether) raised, further suggesting legitimacy.

When users click the "BUY NOW" or "BUY WITH BNB" button, they are prompted to connect their wallets. However, unbeknownst to them, this action triggers the signing of a malicious contract instead of establishing a wallet connection. This malicious contract is designed to activate a cryptocurrency drainer, swiftly siphoning funds from the users' wallets without their consent.

As a result, users unknowingly fall victim to financial loss as their cryptocurrency assets are transferred to the scammers' control. Once users' cryptocurrency funds are siphoned, retrieving them becomes exceedingly challenging.

Cryptocurrency transactions are designed to be irreversible, and the decentralized nature of blockchain technology makes it difficult to trace or reclaim funds once they have been transferred. As a result, victims are left facing significant financial losses with little to no hope of recovering their stolen assets.

To avoid falling victim to such scams, users should exercise caution and remain vigilant when encountering offers that seem too good to be true, especially within the cryptocurrency space. It is essential to conduct thorough research on any platform or investment opportunity before taking action (e.g., transferring cryptocurrency or connecting a wallet).

Threat Summary:
Name Fake DOGE20 cryptocurrency presale
Threat Type Phishing, Scam, Social Engineering, Fraud
Fake Claim Individuals can purchase DOGE20 cheaper
Disguise Legitimate cryptocurrency presale
Related Domain dogecoim20[.]club
Detection Names Combo Cleaner (Phishing), ESET (Phishing), Fortinet (Phishing), Google Safebrowsing (Phishing), Sophos (Phishing), Full List Of Detections (VirusTotal)
Symptoms Lack of official verification, unrealistic claims, too good-to-be-true promises.
Distribution methods Compromised social media accounts, hijacked WordPress sites, rogue online pop-up ads, phishing emails, unwanted applications.
Damage Loss of sensitive private information, monetary loss, identity theft, possible malware infections.
Malware Removal (Windows)

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Conclusion

In conclusion, the DOGE20 presale scam operates by exploiting the credibility of DOGE, a legitimate cryptocurrency, to deceive users into purchasing tokens at a discounted rate. By creating a false sense of urgency and displaying misleading information about funds raised, the scam aims to trick users into activating a tool that steals their cryptocurrency.

Examples of similar scams are "VANRY Reward Program", "BTCMining", and "SAGA AIRDROP".

How did I open a scam website?

Users often encounter scams via misleading advertisements, pop-ups, deceptive buttons, and notifications from unreliable websites. When scams involve cryptocurrency drainers, they often stumble upon them via hijacked WordPress pages or stolen social media accounts belonging to celebrities, public figures, businesses, or other entities.

Also, users might unknowingly land on pages hosting scams when browsing websites connected to rogue advertising networks, like torrent sites or platforms streaming illegal movies. Moreover, scammers often craft websites with URLs resembling those of legitimate sites to trick users into visiting scam sites. Fraudulent emails are also used to lure users into visiting scam pages.

How to avoid visiting scam pages?

Always check the URLs of websites to see whether they match the official domains before providing personal information, transferring money, or performing other actions. Avoid interacting with buttons, links, ads, pop-ups, and similar elements while visiting dubious pages, especially torrent sites, illegal movie streaming pages, etc.

Do not allow questionable pages to send notifications. Be careful with unexpected or irrelevant emails from unknown senders, especially if they include links or attachments. Download apps from reliable sources (official websites and app stores). If your computer is already infected with unwanted apps, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate them.

The appearance of "DOGE20 Presale" scam (GIF):

Appearance of DOGE20 Presale scam

Instant automatic malware removal: Manual threat removal might be a lengthy and complicated process that requires advanced IT skills. Combo Cleaner is a professional automatic malware removal tool that is recommended to get rid of malware. Download it by clicking the button below:
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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:

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?

A crypto scam involves persuading individuals to share sensitive information, send funds, or take specific actions, such as activating a cryptocurrency drainer. Those who fall victim to such schemes experience financial losses, exposure of personal data, and (or) unauthorized access to their cryptocurrency wallets.

Is it possible to retrieve lost crypto funds?

Reclaiming lost cryptocurrency proves immensely difficult because of its decentralized and anonymous characteristics. Consequently, victims who send cryptocurrency to scammers often discover it is nearly impossible to retrieve their funds.

Why do I encounter crypto scams?

Scammers spread their scams through various methods, including sending phishing emails, taking over social media accounts, placing deceptive ads and pop-ups on suspicious websites, hijacking WordPress sites, and leveraging platforms linked to rogue advertising networks.

Will Combo Cleaner protect me from scams?

Combo Cleaner is designed to analyze websites and swiftly identify scams. Upon detection, users are promptly alerted, and access restrictions are immediately implemented to safeguard against potential threats.

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About the author:

Tomas Meskauskas

Tomas Meskauskas - expert security researcher, professional malware analyst.

I am passionate about computer security and technology. I have an experience of over 10 years working in various companies related to computer technical issue solving and Internet security. I have been working as an author and editor for pcrisk.com since 2010. Follow me on Twitter and LinkedIn to stay informed about the latest online security threats. Contact Tomas Meskauskas.

PCrisk security portal is brought by a company RCS LT. Joined forces of security researchers help educate computer users about the latest online security threats. More information about the company RCS LT.

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Malware activity

Global malware activity level today:

Medium threat activity

Increased attack rate of infections detected within the last 24 hours.

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