How to avoid getting scammed by fake "Hyperliquid Fee Refund" sites

What is the fake "Hyperliquid Fee Refund" website?

Our researchers discovered this "Hyperliquid Fee Refund" scam that promotes a cryptocurrency drainer. This deceptive webpage masquerades as the official website of the Hyper Foundation (hyperfoundation.org) and aims to drain funds from exposed cryptowallets. It must be emphasized that this scam is not associated with the actual Hyper Foundation.

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 "Hyperliquid Fee Refund" website overview

We found this scam on refund.hyqerliquid[.]com, but it could also be hosted on different domains. This page imitates Hyper Foundation's official website (hyperfoundation.org). Hyper Foundation is the site of the Hyperliquid Layer-1 blockchain that has its own native token (HYPE), provides a decentralized exchange (DEX), and has EVM (Ethereum Virtual Machine) wallet compatibility.

The fake webpage lures victims with a promise of a refund for fees paid when interacting with blockchains. It must be emphasized that this refund program is bogus, and this scam is in no way associated with the real Hyper Foundation or any other existing platforms or entities.

When a user connects their digital wallet to the scam page, they inadvertently sign a malicious contract that facilitates the cryptocurrency drainer. The victim's funds are transferred to scammer-owned wallets through automated transactions. Some drainers are capable of estimating the value of digital assets in order to determine which to prioritize stealing.

These transactions may remain unnoticed for a long time, as they might be made to appear innocuous. What is more, cryptocurrency transactions cannot be reversed because of their practically untraceable nature. Therefore, victims of such scams cannot recover the stolen funds.

Cryptocurrency drainer scam examples

We have written about numerous scams; "Gigabrain Token Airdrop", fake "Param Gaming" website, and "Kelp Staking" are just a couple of our latest articles on drainers.

Cryptocurrency-centered scams tend to work in one of three ways – using draining mechanisms to steal assets from exposed wallets, phishing for wallet log-in credentials, or deceiving users into manually transferring funds to scammer-owned wallets.

Online scams are often poorly put together and riddled with mistakes, but they can be competently made and even convincingly disguised as content associated with legitimate entities. Due to how widespread scams are on the Internet and how well-crafted they can be – we highly recommend exercising caution when browsing and investing.

How did I open a scam website?

In general, online scams are endorsed through webpages that employ rogue advertising networks, misspelled URLs (typosquatting), spam (e.g., emails, PMs/DMs, social media/ forum posts, browser notifications, cold calls/ robocalls, SMSes, etc.), intrusive ads (malvertising), and adware.

Cryptocurrency drainers are commonly promoted via intrusive pop-up advertisements. Some of these pop-ups are fully functional drainers themselves; they lure users into connecting their wallets by promising incredible boons. These advertisements may even be encountered on legitimate websites that have been hacked.

Social media spam is also utilized crypto scam endorsement. These posts and private/direct messages can be made using stolen accounts (i.e., ones originally belonging to real projects, companies, entrepreneurs, celebrities, influencers, etc.).

How to avoid visiting scam websites?

Caution and vigilance are critical to ensuring your online safety. Therefore, be wary of websites, adverts, and messages that make unbelievable promises. Pay attention to URLs and type them attentively. Do not use sites offering pirated content or other questionable services (e.g., Torrenting, illegal streaming/downloading, etc.), as these webpages are usually monetized via rogue advertising networks.

Do not enable suspect pages to display browser notifications; instead, ignore or block their requests. Approach incoming emails and other messages cautiously; do not open attachments or links present in dubious mail.

Download only from official/verified sources and be attentive when installing (e.g., read terms, study options, use "Custom/Advanced" settings, and opt out of additional apps, extensions, etc.) – to prevent bundled/hazardous software from infiltrating the system.

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 "Hyperliquid Fee Refund" website (GIF):

Screenshot of the official Hyper Foundation website (hyperfoundation.org):

Instant automatic malware removal:

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Quick menu:

• What is "Hyperliquid Fee Refund" crypto drainer?
• How to identify a pop-up scam?
• How do pop-up scams work?
• How to remove fake pop-ups?
• How to prevent fake pop-ups?
• What to do if you fell for a pop-up scam?

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:

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 that aims to trick users into performing certain actions. For example, victims can be deceived into linking cryptowallets to drainers, making monetary transactions, downloading/installing software, buying products, disclosing private data, subscribing to services, and so forth.

What is the purpose of online scams?

Online scams are designed to generate revenue at victims' expense. Cyber criminals predominantly profit by obtaining funds through deception, promoting content, abusing/selling vulnerable information, and proliferating malware.

I have lost digital assets to the "Hyperliquid Fee Refund" scam, can I get my money back?

Cryptocurrency transactions are irreversible because they are nearly untraceable. Hence, victims of scams like this fake "Hyperliquid Fee Refund" webpage cannot get their money back.

Why do I encounter online scams?

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

Will Combo Cleaner protect me from online scams?

Combo Cleaner can scan visited websites and detect rogue, deceptive, and malicious pages. Therefore, should you happen upon such a webpage – you will be warned immediately, and further access to the page will be denied.