How to avoid falling for scams like "Reown Registration"

What is the fake "Reown Registration" site?

While inspecting the site (register-reown[.]xyz), we found that it mimics the Reown platform (reown[.]com). It is a fake website created by scammers who seek to deceive unsuspecting individuals into taking actions that can lead to the theft of their cryptocurrency holdings. Thus, it is highly advisable to avoid visiting sites like register-reown[.]xyz.

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.

"Reown Registration" scam website in detail

Reown (formerly WalletConnect Inc.) provides developers with the tools to create user experiences that simplify, enhance, and secure digital ownership. The official site is reown[.]com. On the fake site, a headline that suggests something is coming presented. The site states that only those who register within the next 24 hours will be eligible.

In order to participate, individuals are encouraged to sign up. They are asked to connect their wallet when they click the "Sign Up" button. However, connecting a wallet on this fraudulent website signs a malicious contract designed to activate a cryptocurrency drainer. This drainer is created to steal cryptocurrency from victims.

Once activated, it can automatically transfer cryptocurrency holdings from the victim's wallet to the scammer's. It is important to mention that these transactions are irreversible unless the scammer chooses to return the stolen funds. It means that falling victim to scams like the one on register-reown[.]xyz can lead to significant financial losses.

Therefore, users should be cautious and do their research before using any cryptocurrency platform. Staying informed can help protect your assets from scams.

Threat Summary:

Name	Fake Reown Registration website
Threat Type	Phishing, Scam, Social Engineering, Fraud
Fake Claim	Individuals can receive something in return for participation
Disguise	Reown (formerly WalletConnect Inc.) platform
Related Domain	register-reown[.]xyz
Detection Names	alphaMountain.ai (Suspicious), Forcepoint ThreatSeeker (Suspicious), Trustwave (Suspicious), Full List Of Detections (VirusTotal)
Symptoms	Unofficial domain, lack of official verification, unrealistic claims, too good-to-be-true promises.
Distribution methods	Compromised/hijacked websites, stolen or fake social media profiles, rogue online pop-up ads, unwanted applications.
Damage	Loss of sensitive private information, monetary loss, identity theft, possible malware infections.
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Conclusion

Users are advised to be cautious of websites that promise free cryptocurrency or rewards. If it is a scam website, victims may lose their crypto funds instead of receiving anything. To safeguard against these threats, users should conduct thorough research on any cryptocurrency platform before connecting their wallets or taking other actions.

More examples of scams created to trick individuals into executing crypto drainers are the fake "SONIC Airdrop", "Fantom Airdrop", and "$MPEPE PRESALE" sites.

How did I open a scam website?

Scam websites like the one described in our article are frequently promoted through fake emails or messages sent from compromised or fake social media accounts, especially on platforms like X (formerly Twitter). Scammers also create misleading ads and use deceptive pop-ups or notifications from untrustworthy sites to lure users to their fraudulent pages.

Additionally, websites linked to questionable advertising networks (e.g., torrent or illegal streaming sites) may direct users to various scams. Sometimes, fraudsters also use adware to drive traffic to their scam sites.

How to avoid visiting scam pages?

Do not allow suspicious websites to send you notifications. Avoid opening attachments or clicking links in unexpected emails, especially from unknown senders. Do not trust pop-ups, ads, and links on untrustworthy sites. Always download software and files from official websites or app stores.

Regularly update your operating system and apps, make sure to use reliable security software, and run routine system scans. 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 "Reown Registration" scam (GIF):

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Quick menu:

• What is Fake Reown Registration website?
• 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?

A crypto scam is a fraudulent scheme that deceives individuals into investing in fake cryptocurrencies or projects (or taking other actions), often promising high returns or rewards.

What is the purpose of a crypto scam?

In most cases, these scams are utilized to steal cryptocurrency or personal information from unsuspecting users.

Why do I encounter scam websites?

Scam websites are often promoted through deceptive emails, messages from compromised (or fake) social media accounts, and misleading ads or pop-ups on untrustworthy sites. Fraudsters may also use shady advertising networks or adware to direct users to their scam pages.

Will Combo Cleaner protect me scams?

Combo Cleaner scans websites for threats, detects scam sites, and alerts users of risks. It also blocks access to harmful or deceptive websites.

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