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Scammers target Facebook users with sponsored ads for fake cryptocurrencies

Wednesday, November 28, 2018 by Piyush Suthar | Comments

Home News Tech Scammers target Facebook users with sponsored ads for fake cryptocurrencies

It appears Twitter has become so saturated with cryptocurrency scams that attackers are finally starting to target other platforms too – like Facebook. Unlike the standard Bitcoin giveaway scams on Twitter, the Facebook scam (as noticed by Hard Fork) is designed to trick users into giving up sensitive data, like their credit card information. As a distraction tactic, the attackers have set up a series of fake pages and call-to-actions, the first one of which is a fake sponsored ad. The ad, which directs to malicious replica of CNBC, promotes a “big” investment opportunity into a non-existent cryptocurrency called CashlessPay. It…

This story continues at The Next Web

Or just read more coverage about: Facebook

Authored by Piyush Suthar
Pro Blogger


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