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How to identify fake platforms like "Renzo 2x Staking Multiplier"

Also Known As: Fake Renzo 2x Staking Multiplier program
Damage level: Medium

What is the fake "Renzo 2x Staking Multiplier" platform?

We have inspected the "Renzo 2x Staking Multiplier" program on multiplier.renzoprtocol[.]cc and determined it to be a fraudulent website mimicking the legitimate site (renzoprotocol[.]com). Perpetrators operating the counterfeit site seek to deceive unaware individuals into actions leading to the loss of their cryptocurrency.

Renzo 2x Staking Multiplier fake page

IMPORTANT NOTE: We do not review crypto projects, please do your own research when investing money.

Federal Trade Comission (FTC) states that since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – that's about one out of every four dollars reported lost, more than any other payment method.

"Renzo 2x Staking Multiplier" fake website overview

Renzo serves as a component within the EigenLayer ecosystem, functioning as both a Liquid Restaking Token (LRT) and a Strategy Manager. It plays a pivotal role in safeguarding Actively Validated Services (AVSs) while offering a more lucrative yield compared to traditional ETH staking methods.

The fake page (multiplier.renzoprtocol[.]cc), falsely claims to offer a 2X APR (Annual Percentage Rate) multiplier on staked assets with Renzo or affiliated protocols. It entices visitors by promising double the APR on their staked assets. On the site, visitors are offered to check their eligibility.

Upon clicking the "CHECK ELIGIBILITY" button featured on multiplier.renzoprtocol[.]cc, users are prompted to connect their wallets. However, this purported "connection" initiates the signing of a malicious contract, triggering a cryptocurrency draining mechanism.

The cryptocurrency drainer facilitates the transfer of funds from the victim's wallet to the scammer's wallet. Once victims have been ensnared by the malicious scheme, recovering the stolen cryptocurrency becomes exceptionally difficult. The decentralized and pseudonymous nature of cryptocurrencies complicates recovery efforts significantly.

The presence of platforms such as multiplier.renzoprtocol[.]cc underscores the importance of taking proactive steps, such as exercising caution online, implementing robust security protocols, and remaining vigilant against potential scams to minimize the risk of falling victim to cryptocurrency theft.

Threat Summary:
Name Fake Renzo 2x Staking Multiplier program
Threat Type Phishing, Scam, Social Engineering, Fraud
Fake Claim Participants can double the APR on their staked assets
Disguise Legitimate staking multiplier platform
Fake Website multiplier.renzoprtocol[.]cc
Detection Names (multiplier.renzoprtocol[.]cc) Forcepoint ThreatSeeker (Malicious), Fortinet (Spam), URLQuery (Suspicious), Full List Of Detections (VirusTotal)
Symptoms Incorrect domain, 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, scams like multiplier.renzoprtocol[.]cc remind individuals of the risks in the cryptocurrency world. They cause financial losses and make it hard to recover stolen funds due to the decentralized nature of cryptocurrencies. Staying alert, being cautious online, and using strong security measures are crucial to avoid falling victim to such scams.

Increasing awareness about cryptocurrency scams can help people protect their assets and navigate digital finance more safely. Examples of similar scams are the fake "ORD INSCRIPTION QUEST", "$MAGE PRESALE REGISTRATION", and "Claim $RBLZ" platforms.

How did I open a scam website?

Scammers promote scam sites like multiplier.renzoprtocol[.]cc primarily via hacked social media accounts, including those of celebrities or well-known companies, and compromised WordPress web pages. Additionally, users might stumble upon these deceitful platforms by accidentally typing incorrect URLs (scammers often use domains resembling the official ones).

Alternatively, individuals may access scam websites through phishing emails containing links, notifications from untrustworthy sites, misleading, and pop-ups on questionable platforms such as torrent sites or illegal streaming pages. Adware can be another culprit, generating deceptive ads to lure users to scam websites.

How to avoid visiting scam pages?

Exercise caution when encountering unsolicited and irrelevant emails and messages and interacting with advertisements, download buttons, and pop-ups on dubious websites. Avoid agreeing to receive notifications from questionable websites. Always verify URLs before clicking/opening them to confirm they direct you to the genuine site you intend to visit.

Additionally, use official sites and app stores for app downloads. Conduct routine scans of your operating system for potential threats, promptly removing any suspicious or malicious applications detected. 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 "Renzo 2x Staking Multiplier" bogus site (GIF):

Appearance of Renzo 2x Staking Multiplier fake page

Real Renzo site (renzoprotocol[.]com):

Renzo 2x Staking Multiplier scam real website (renzoprotocol.com)

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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Quick menu:

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?

Cryptocurrency scams are deceptive tactics aimed at persuading people to transfer their digital assets, triggering mechanisms that drain their cryptocurrency or disclose sensitive details like login credentials.

Is it possible to retrieve lost crypto funds?

Once cryptocurrency transactions are completed, they typically become irreversible, leaving victims unable to retrieve funds once they have been sent to a wallet controlled by a scammer.

Why do I encounter crypto scams?

Scammers employ a range of tactics to achieve their objectives of attracting visitors to scam websites and fake platforms. These tactics include stealing social media profiles, hacking WordPress sites, sending phishing emails, creating deceptive advertisements and pop-ups, and utilizing rogue advertising networks.

Will Combo Cleaner protect me from scams?

Combo Cleaner is equipped with the capability to identify a broad spectrum of scams. Users are promptly notified of any fraudulent activity detected on websites they visit, ensuring immediate awareness. Moreover, Combo Cleaner swiftly implements access restrictions.

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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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