Avoid getting scammed by fake "MultiversX (EGLD) Rewards" websites

Also Known As: "MultiversX (EGLD) Rewards" crypto drainer
Damage level: Medium

What is the fake "MultiversX (EGLD) Rewards" website?

After investigating this "MultiversX (EGLD) Rewards" webpage, we determined that it is fake. It impersonates the MultiversX platform (multiversx.com). Users are lured by a chance to claim Electronic Gold (EGLD) tokens.

When an attempt to take part in the rewards program is made, the victim is deceived into exposing their digital wallet to a crypto drainer, which may empty them of all stored funds.

It must be stressed that this giveaway event is fake, and it is not associated with MultiversX or any other existing platforms and entities.

MultiversX (EGLD) Rewards scam

IMPORTANT NOTE: We do not review crypto projects, please do your own research when investing money.

Federal Trade Comission (FTC) states that since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – that's about one out of every four dollars reported lost, more than any other payment method.

Fake "MultiversX (EGLD) Rewards" website overview

As mentioned in the introduction, the "MultiversX (EGLD) Rewards" scheme mimics the MultiversX blockchain platform (multiversx.com). The fake webpage runs a hoax rewards program wherein eligible users can receive Electronic Gold (EGLD) – the native token of MultiversX.

It must be reiterated that this event is fraudulent, and it is in no way associated with the actual MultiversX platform.

When the "Claim EGLD" button is pressed, the user is prompted to connect their cryptowallet. Doing so executes scripts for a cryptocurrency-draining mechanism. Basically, it siphons funds from the victim's wallet. These transactions are automated and may appear innocuous, thus not raising immediate suspicion. Drainers may be able to approximate the value of digital assets and prioritize their theft.

It must be mentioned that cryptocurrency transactions cannot be reversed due to their nearly untraceable nature. Therefore, victims of scams like this fake "MultiversX (EGLD) Rewards" website cannot retrieve their funds.

Threat Summary:
Name "MultiversX (EGLD) Rewards" crypto drainer
Threat Type Phishing, Scam, Social Engineering, Fraud, Cryptocurrency Drainer
Disguise Rewards program on MultiversX platform
Related Domains egld-claim.pages[.]dev
Detection Names Trustwave (Phishing), Full List Of Detections (VirusTotal)
Serving IP Address
Distribution methods Compromised websites, social media spam, rogue online pop-up ads, potentially unwanted applications.
Damage Monetary loss
Malware Removal (Windows)

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Cryptocurrency drainer scam examples

"AZUKI Elementals", "Kinto Claim", and "CoinMarketCap Token Presale" are merely a couple of our latest articles on schemes employing cryptocurrency-draining mechanisms.

Aside from drainers, other popular crypto-specific scams operate by targeting cryptowallet log-in credentials or tricking users into manually transferring funds to wallets in the scammers' possession.

Online schemes are often poorly crafted and full of grammatical/spelling errors, but they can be competently made and even perfectly copy the design of genuine sites. While scams can differ greatly in appearance and utilized mechanisms, their end goal is the same – to generate revenue at victims' expense.

How did I open a scam website?

Crypto drainer scams are commonly promoted via intrusive pop-up ads (malvertising). Some of these advertisements can execute cryptocurrency-draining scripts themselves; they lure users into linking digital wallets by promising various boons. It is pertinent to mention that these pop-ups may be encountered on legitimate sites that have been hacked.

Additionally, cryptocurrency-targeting schemes are widely endorsed through social media spam. The posts and direct/private messages pushing this deceptive content can be made using accounts stolen from real projects, companies, influencers, celebrities, entrepreneurs, etc.

However, other promotional methods are not unlikely. In addition to the aforementioned techniques, online scams are endorsed via webpages that employ rogue advertising networks, different types of spam (e.g., emails, SMSes, browser notifications, forum posts, etc.), typosquatting (mistyped URLs), and adware.

How to avoid visiting scam websites?

We highly recommend caution while browsing. It is important to take note of URLs and type them attentively. Online advertisements must be approached with vigilance.

Suspicious webpages must not be permitted to deliver browser notifications; instead, such requests have to be ignored or denied (i.e., by pressing "Block", "Block Notifications", etc.).

We advise against using websites that offer pirated content or other questionable services (e.g., illegal streaming/downloading, Torrenting, etc.), as these sites are usually monetized via rogue advertising networks.

Attachments or links found in dubious/irrelevant mail (e.g., emails, DMs/PMs, SMSes, etc.) must not be opened, as they can be harmful or virulent.

Additionally, all downloads must be made from official/verified channels, and installations have to be treated with care (e.g., by studying terms and options, using the "Custom/Advanced" settings, and opting out of additional apps, extensions, etc.) – to prevent bundled/dangerous software from infiltrating the device.

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

Appearance of the fake "MultiversX (EGLD) Rewards" website (GIF):

Appearance of MultiversX (EGLD) Rewards scam (GIF)

Screenshot of the official MultiversX website (multiversx.com):

Appearance of the real MultiversX website (multiversx.com)

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?

An online scam is a type of deceptive content hosted on the Web. It aims to trick users into performing certain actions, e.g., connecting digital wallets to crypto drainers, disclosing private information, making monetary transactions, purchasing products, downloading/installing programs, subscribing to services, etc.

What is the purpose of online scams?

The goal of online scams is to generate revenue for scammers. Profit can be made by obtaining funds through deception, endorsing content (e.g., sites, software, products, services, etc.), abusing/selling sensitive data, and proliferating malware.

I have lost digital assets to the "MultiversX (EGLD) Rewards" scam, can I get my money back?

No, these transactions cannot be reversed because of their practically untraceable nature.

Why do I encounter online scams?

Online scams are primarily promoted through sites using rogue advertising networks, intrusive ads (malvertising), spam (e.g., emails, SMSes, DMs/PMs, social media posts, browser notifications, etc.), misspelled URLs (typosquatting), and adware.

Will Combo Cleaner protect me from online scams?

Combo Cleaner can scan every website that you visit for deceptive/malicious content. Hence, should you enter such a webpage – you will be immediately warned, and further access to it will be restricted.

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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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