Stay Alerted as Phishing Airdrops with Ape Themes are On the Rise

As the cryptocurrency community becomes aware of and denounces such scams, the perpetrators of the fraud frequently disable Twitter replies to avoid being identified as such.

Airdrop phishing is becoming more and more common among cryptocurrency and nonfungible token (NFT) scammers, according to cybersecurity experts, who have revealed this trend.

Airdrops, which entail sending out free cryptocurrency tokens or NFTs to raise investor awareness, are a crucial marketing strategy for cryptocurrency ventures. The hoopla around Yuga Labs’ BAYC Ape-related NFT collection, however, has led to a worrisome increase in airdrop phishing attempts.

The use of fraudulent websites posing as legitimate platforms is one of the most frequent methods used in airdrop phishing attacks, according to the statement that “Apes are, of course, the hottest draw in town when Airdrop phishing is involved.”

A fraudulent website providing Bull & APE NFT as bait

In the phishing attempt depicted above, con artists set up a website that invited users to claim up to 10 Bull and Ape NFTs. However, just like any other phishing website, it requests a variety of password/recovery phrases when a user attempts to accept the ostensibly lucrative offer:

Do you really want to give someone your recovery phrase at this point?

Furthermore, there has been an increase in “Connect your wallet” airdrop phishing, in which Twitter accounts with large followings impersonate well-known initiatives like the Moonbirds project and offer NFT airdrops.

In order to avoid being discovered, scammers frequently disable comments to their tweets as the cryptocurrency community identifies and exposes such schemes. The official, authenticated Moonbirds account in this instance issued a warning regarding the imposters.

Your wallet may start to run out of money if you start signing transactions or granting permissions.

But that’s not all, scammers are copying popular accounts and replicate them on different social media channels like Facebook, Telegram, Discord, Reddit and many more. Therefore, you need to be careful and to always check if you are following the official account.

Besides that, scammers are replicating project’s team members, they steal their profile images and create identical profiles on Twitter, Telegram, Discord, etc. and they start to DM users if they ask for help in the official support group of the project.

This way is most common on Telegram and Discord. For example, if users asks how to connect his wallet address on the project’s website, the scammer will immediately DM the user and present itself as a part of the support and offer to help him with connect his wallet.

The scammer will provide him a phishing website where the user has to connect his wallet by seed phrase or by private key and the scammer will be able to drain his wallet.

Conclusion

Even though there are tons of scammers out there, that doesn’t mean that every airdrop or giveaway is a scam. With Skyrush’s airdrop tasker you can rest assure that the airdrops and giveaways listed are filtered with our fraudulent detection system and are safe to enter.

We do not list airdrops that asks from users to connect a wallet address or to send funds in order to receive their airdrop tokens, in most cases, such airdrop tasks are red flag and needs to be avoided at any cost, no matter how good the reward sounds.