The Russian government offers you bitcoins! The too good to be true offer

Fake promise, real scam – It was far too good to be true, especially from a country that keeps a very close eye on cryptocurrencies (and their owners). An official Russian website – obviously hacked

– actually claimed to be offering bitcoins (BTC) in exchange for installing an app, which was of course rogue.

$1,000 worth of BTC offered for downloading an app?

Scamming and hacking attempts are unfortunately commonplace in the crypto world. Fake promises of cryptocurrency donations – giveaway scams –

often hijack the name of a high-profile personality in the cryptosphere, like Elon Musk or Vitalik Buterin.

In this case, it was the official website of the Russian city of Ryazan, southeast of Moscow, that was hijacked by hackers. It was on September 2 that a very unusual announcement appeared on the local city hall’s website: a reward of $1,000 in BTC offered randomly for every 5 downloads of an app.

As Bitcoin.com reports

, the hackers even had time to come around, after posting an initial, perhaps overly generous “offer” of 0.025 ВТС (about $1,000 at the time of the event) outright for each visitor downloading the rogue app. <img width=”1620″ height=”1080″ src=”//www.w3.org/2000/svg’%20viewBox=’0%200%201620%201080’%3E%3C/svg%3E” alt=’Fake ad on the official Ryazan website in Russia promising $1,000 for every visitor for every 5 downloads of an app” /><img width=”1620″ height=”1080″ src=”https://yellowrocketagency.com/wp-content/uploads/2021/09/russe..jpg” alt=’Fake ad on the official Ryazan website in Russia promising $1,000 for every visitor every 5 downloads of an app” />Fake ad on the official Ryazan website in Russia – Source: Bitcoin.com More and more

frauds and scams in the cryptosphere

Although the ads were removed quite quickly by the city’s services, unfortunately it is very likely that several victims have downloaded the link with the hackers’ malware, although it is not known at the moment what consequences this may have for them

See also  OpenSea's NFT market reached $1 billion in volume in August

.

As Bitcoin.com points out, this new scam comes as a recent report came to the conclusion that $30 million had already been embezzled in Russia in the first half of 2021 alone.

In the same period, but on a global scale this time, losses following these crypto scams would total $1.5 billion. With large sums of money moving in the crypto sector, digital currencies remain a prime target for scammers of all

hair.

Russia is also often denounced as one of the nations hosting too many hackers, accusations notably by Joe Biden’s United States. The latter has indeed not hesitated to summon Vladimir Putin to act against these hackers, especially those who gravitate around the REvil ransomware, but also those of the DarkSide ransomware, which caused major blockages in the infrastructure of energy transport in the USA in May 2021.

Don’t take any risks when it comes to finance and cryptocurrencies, by carefully choosing the intermediaries you will deal with. Start trading your first bitcoins and other cryptocurrencies by Registering on the FTX reference exchange (affiliate link). A lifetime discount on your transaction fees awaits you as a welcome gift.