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Avoid losing digital assets through "BlackRockFund" scam websites

Also Known As: "BlackRockFund" crypto drainer
Damage level: Medium

What kind of scam is "BlackRockFund"?

"BlackRockFund" is a scam that operates as a cryptocurrency drainer. It aims to create an impression of legitimacy by utilizing the name of BlackRock – an American multinational investment company. The scheme seeks to drain (i.e., steal) digital assets from victims' cryptowallets.

BlackRockFund scam

"BlackRockFund" scam overview

The "BlackRockFund" scam states that users can claim Bitcoin cryptocurrency. The claim option prompts to connect a digital wallet, and doing so – initiates the cryptocurrency-draining mechanism.

It must be emphasized that this scheme is in no way associated with the actual BlackRock, Inc. or any other legitimate entities.

Some crypto drainers can determine the approximate value of the assets and target them first. The automated transactions are typically disguised and appear vague, so as to diminish victim suspicion. Most or all of the digital assets stored in the wallets can be stolen.

It is pertinent to mention that due to the nearly untraceable nature of cryptocurrency transactions – they cannot be reversed. Hence, victims cannot retrieve their funds.

Threat Summary:
Name "BlackRockFund" crypto drainer
Threat Type Phishing, Scam, Social Engineering, Fraud
Fake Claim Users can claim Bitcoin cryptocurrency
Disguise BlackRock
Related Domains blackrockfund[.]link
Detection Names (blackrockfund[.]link) N/A (VirusTotal)
Serving IP Address (blackrockfund[.]link) 104.21.27.213
Distribution methods Social media spam, compromised websites, rogue online pop-up ads, potentially unwanted applications.
Damage Monetary loss
Malware Removal (Windows)

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Crypto drainer scam examples

We have investigated countless online scams; "Cosmos Million", "CREO ENGINE Launchpad", "Juice Finance's Airdrop", and "MAGA Airdrop" are just a few examples of cryptocurrency drainers.

There are innumerous schemes promoted on the Web. While they use different false claims and mechanisms, their end goal is the same – to generate revenue at victims' expense. Due to how widespread deceptive/malicious content is online and how well-made it can be – we strongly advise caution when browsing.

How did I open a scam website?

Online scams are primarily endorsed via attachments/links in spam (e.g., social media posts, emails, PMs/DMs, browser notifications, SMSes, etc.) and redirects generated by websites utilizing rogue advertising networks, misspelled URLs (typosquatting), intrusive ads, and adware.

How to avoid visiting scam websites?

Fraudulent and dangerous online content usually appears legitimate and harmless – hence, we highly recommend exercising caution while browsing. For example, intrusive adverts and spam browser notifications look innocuous yet redirect to unreliable/dubious sites (e.g., gambling, scam-promoting, adult dating, etc.).

We advise paying attention to URLs and entering them with care. Be vigilant with incoming emails/messages, and do not open attachments/links found in suspect mail. Do not enable suspicious pages to deliver browser notifications; instead, ignore or deny these requests (i.e., click "Block", "Block Notifications", etc.).

Furthermore, do not use websites offering pirated software/media or other questionable services (e.g., illegal streaming or downloading, Torrenting, etc.), as these webpages are usually monetized via rogue advertising networks.

To prevent bundled/hazardous programs from infiltrating the system – download only from official/verified channels and treat installations with caution (e.g., read terms, study options, use "Custom/Advanced" settings, and opt out of all additional apps, extensions, etc.).

If your computer is already infected, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate all threats.

The appearance of "BlackRockFund" scam (GIF):

Appearance of BlackRockFund scam (GIF)

Instant automatic malware removal: Manual threat removal might be a lengthy and complicated process that requires advanced IT skills. Combo Cleaner is a professional automatic malware removal tool that is recommended to get rid of malware. Download it by clicking the button below:
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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:

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 an online scam?

Online scams are essentially deceptive messages designed to entice/scare users into performing specific actions. For example, victims can be tricked into exposing their digital wallets to crypto drainers, disclosing sensitive data, making monetary transactions, downloading/installing software, purchasing products, and so forth.

What is the purpose of online scams?

Online scams are designed to generate revenue for scammers. This can be achieved by obtaining funds through deception, promoting content (e.g., websites, software, products, services, etc.), abusing or selling private data, and proliferating malware.

I have lost cryptocurrency to the "BlackRockFund" scam, can I get my money back?

No, cryptocurrency transactions cannot be reversed due to their practically untraceable nature.

Why do I encounter online scams?

Online scams are mainly promoted via spam (e.g., social media/ forum posts, emails, PMs/DMs, browser notifications, etc.), sites using rogue advertising networks, typosquatting (mistyped URLs), intrusive ads, and adware.

Will Combo Cleaner protect me from online scams?

Combo Cleaner can scan every single website that you visit and detect deceptive/malicious pages. Therefore, if you enter such a webpage – you will be warned immediately, and further access to it will be blocked.

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About the author:

Tomas Meskauskas

Tomas Meskauskas - expert security researcher, professional malware analyst.

I am passionate about computer security and technology. I have an experience of over 10 years working in various companies related to computer technical issue solving and Internet security. I have been working as an author and editor for pcrisk.com since 2010. Follow me on Twitter and LinkedIn to stay informed about the latest online security threats. Contact Tomas Meskauskas.

PCrisk security portal is brought by a company RCS LT. Joined forces of security researchers help educate computer users about the latest online security threats. More information about the company RCS LT.

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Malware activity

Global malware activity level today:

Medium threat activity

Increased attack rate of infections detected within the last 24 hours.

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