• Mon. Jun 17th, 2024

Bitcoin Scam: $35K via Fake Software

Avatar photo

ByMarcel Bich

Sep 7, 2023
Bitcoin Scam: $35K via Fake Software
Marcel Bich
Latest posts by Marcel Bich (see all)

The con began when the victim’s computer displayed a pop-up window suggesting he phone a certain number to update his virus protection. He obliged and got in touch with the con artist, who was posing as an employee of Microsoft. The victim was persuaded by the attacker to install what they believed to be a new firewall.

The next day, a second con artist pretended to be a Microsoft representative phoned to make sure everything was well. He was able to remotely access the victim’s computer and financial information during the conversation.

The con artist then said that the victim had unintentionally deposited money into his bank account and that it was now necessary for the money to be refunded in Bitcoins. The victim consented and transferred $35,000 to the attacker’s Bitcoin wallet as a consequence.

New Virus in Windows

Analysts have noted the existence of a new virus that is capable of transferring Bitcoin from a user’s wallet to an attacker’s account. In order to trick the user into sending funds to scammers’ wallets, “Trojan” modifies the addresses of cryptocurrency wallets in the clipboard to those of legitimate ones. 

The virus launches via the task scheduler, mounts a fresh EFI partition, and then injects the other software parts to produce a new drive. Following that, the virus is introduced into the system, and the installation files are removed. At least $19,000 was taken from the victims by the assailants.

Millions Laundered by Hackers in 2023

By the conclusion of the first half of 2023, hackers had stolen around $244.5 million worth of digital money. In the Harmony Bridge cross-chain compromise, attackers stole the greatest money ($100 million).

The incident with Atomic Wallet took second place. Although Elliptic estimates that a total of around $100 million was taken during the breach, the attackers were able to launder $65 million as a consequence. The Uranium Finance initiative, which suffered a loss of $12.8 million in Bitcoin, dropped out of the top three in terms of cryptocurrency that was laundered.

Avatar photo

Marcel Bich

Marcel ‘s passion for the world of cryptocurrencies and his comprehensive knowledge of blockchain technology make him an invaluable asset to our team. He stays updated on the latest trends, regulations, and emerging technologies in the crypto space, ensuring that our audience receives accurate and up-to-date information.