Avoid getting scammed by fake "Binance Megadrop" websites

What is the fake "Binance Megadrop" website?

After inspecting this "Binance Megadrop" website, we determined that it is a scam. It uses a fake airdrop as a lure to trick visitors into exposing their digital wallets to a cryptocurrency drainer. Victims of this scheme experience financial loss.

It must be emphasized that this hoax giveaway is in no way associated with Binance or any other legitimate platforms and entities.

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.

Fake "Binance Megadrop" website overview

The "Binance Megadrop" scam is presented as an airdrop held by Binance in collaboration with Ethena Labs. The giveaway claims to be distributing 50,000,000 Ethena (ENA) cryptocurrency. Users who hold Binance Coin (BNB) or Ether (ETH) cryptocurrencies in their wallets are eligible to participate.

It must be reiterated that this airdrop is fake, and it is not associated with Binance Holdings, Ethena Labs, or any other existing platforms.

When users attempt to connect their cryptowallets to the webpage, they are exposed to a cryptocurrency-draining mechanism. Funds are transferred from victims' wallets to those in the scammers' possession. These transactions are automated and may look vague, thereby remaining unnoticed for a significant amount of time. Some drainers can approximate the value of digital assets and target them first.

What is more, cryptocurrency transactions are irreversible because of their nearly untraceable nature. Hence, victims of scams like this fake "Binance Megadrop" giveaway cannot get their money back.

Threat Summary:

Name	"Binance Megadrop" crypto drainer
Threat Type	Phishing, Scam, Social Engineering, Fraud, Cryptocurrency Drainer
Fake Claim	Airdrop distributing 50,000,000 ENA
Disguise	Binance, Ethena Labs
Related Domains	ethena-claim-fi[.]com
Detection Names	Trustwave (Phishing), Fortinet (Spam), Full List Of Detections (VirusTotal)
Serving IP Address	104.21.22.118
Distribution methods	Compromised websites, social media spam, rogue online pop-up ads, potentially unwanted applications.
Damage	Monetary loss
Malware Removal (Windows)	To eliminate possible malware infections, scan your computer with legitimate antivirus software. Our security researchers recommend using Combo Cleaner. ▼ Download Combo Cleaner To use full-featured product, you have to purchase a license for Combo Cleaner. 7 days free trial available. Combo Cleaner is owned and operated by Rcs Lt, the parent company of PCRisk.com read more.

Cryptocurrency drainer scam examples

We have examined numerous online scams; "Launchifi Dapp", "$MOTHER Staking", "Trump Crypto Tokens", and "Multiverse Connect Wallet" are merely a few of our latest articles on crypto drainers.

Cryptocurrency-centered schemes most commonly operate in one of three ways – draining funds from compromised digital wallets, targeting cryptowallet log-in credentials, and tricking users into manually transferring assets to scammer-owned wallets.

Various lures are utilized to gain victims' trust, e.g., airdrops/giveaways, new coin/token promotions, account/wallet issues, security upgrades, etc. While online scams are often poorly crafted and full of mistakes, they can be competently made and even perfectly copy the design of genuine websites.

How did I open a scam website?

Online scams are primarily promoted via webpages that use rogue advertising networks, spam (e.g., social media posts, DMs/PMs, emails, SMSes, browser notifications, etc.), typosquatting (mistyped URLs), intrusive ads (malvertising), and adware.

Cryptocurrency drainers are often endorsed via intrusive pop-up advertisements. Some of these pop-ups are fully operational drainers themselves; they entice users into "linking" cryptowallets by promising various benefits. These adverts may be encountered on legitimate websites that have been compromised.

Social media spam is also prevalent in cryptocurrency-specific scheme promotion. These spam posts and direct/private messages can be made using hacked accounts (i.e., ones originally belonging to real projects, companies, entrepreneurs, influencers, etc.).

How to avoid visiting scam websites?

Vigilance is crucial to online safety. Therefore, be wary of advertisements and do not trust offers that sound too good to be true. Take note of URLs and type them carefully.

Be selective when allowing sites to deliver browser notifications; do not permit suspicious webpages to display said ads, and instead ignore or deny these requests (i.e., press "Block", "Block Notifications", etc.).

Do not use websites offering pirated programs/media or other dubious services (e.g., Torrenting, illegal streaming/downloading, etc.), as these pages typically utilize rogue advertising networks.

Approach incoming emails and other messages with caution; do not open attachments or links found in suspect/irrelevant mail.

Download only from official/verified channels and treat installations with care (e.g., study terms and options, use "Custom/Advanced" settings, and opt out of additional apps, extensions, etc.) – to prevent bundled/hazardous software (like adware) from infiltrating devices.

If your computer is already infected, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate all threats.

Appearance of the fake "Binance Megadrop" giveaway (GIF):

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Quick menu:

• What is "Binance Megadrop" crypto drainer?
• 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 an online scam?

Essentially, online scams are messages promoted on the Internet that aim to deceive users into performing specific actions. For example, victims may be enticed into connecting digital wallets to cryptocurrency drainers, making monetary transactions, disclosing sensitive information, purchasing products, downloading/installing programs, subscribing to services, and so on.

What is the purpose of online scams?

The purpose of online scams is to generate revenue at victims' expense. Cyber criminals primarily profit by obtaining funds through deception, endorsing content (e.g., websites, software, products, etc.), selling/abusing private data, and distributing malware.

I have lost digital assets to the "Binance Megadrop" scam, can I get my money back?

No, these transactions cannot be reversed due to their nearly untraceable nature. Hence, victims of scams like this fake "Binance Megadrop" giveaway cannot retrieve the stolen digital assets.

Why do I encounter online scams?

Prevalent promotional techniques include: spam (e.g., social media posts, DMs/PMs, browser notifications, emails, SMSes, etc.), sites using rogue advertising networks, intrusive ads (malvertising), mistyped URLs (typosquatting), and adware.

Will Combo Cleaner protect me from online scams?

Combo Cleaner can scan visited websites and detect rogue, deceptive, and malicious pages. Should you happen upon such a webpage – Combo Cleaner will immediately warn you and block all further access to the site.

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