How to avoid scams like "MegaETH Token Distribution"

What is "MegaETH Token Distribution" scam?

We have examined the website (megaethlabs[.]top) and discovered that it mimics the original MegaETH site (megaeth.com). The scammers behind the fake website aim to steal cryptocurrency. They aim to trick visitors into unknowingly launching a malicious tool that can empty crypto wallets.

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

Federal Trade Commission (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.

"MegaETH Token Distribution" scam in detail

MegaETH (megaeth.com) is a blockchain project that aims to create a high-speed Layer-2 network for Ethereum. It is designed to process transactions almost instantly and handle a very large number of them at once. The project is currently in its testing phase and mainly targets developers building decentralized applications.

The scam website, megaethlabs[.]top, is not associated with the original one. It promotes a "MEGA Token Distribution". The site claims that the "MEGA Token Distribution" has started and that 100,000,000 $MEGA tokens will be distributed. It also presents a countdown timer to lure visitors into acting quickly.

The goal is to trick visitors into connecting their wallets, which results in executing a cryptocurrency drainer. This drainer moves funds from the victim's wallet to the fraudster's wallet. Because blockchain transactions cannot be reversed, any stolen cryptocurrency is permanently lost.

For this reason, it is essential to verify that any crypto-related platform is legitimate before using it.

Conclusion

In conclusion, this scam takes advantage of MegaETH's name to trick users into connecting their wallets and losing their crypto holdings. It highlights the importance of being cautious with offers that promise free tokens or urgent rewards. Some examples of similar schemes are:

"Fake MegaETH Sale Scam", "ZERA Distribution Scam", and "$COMMON Airdrop Scam".

How did I open a scam website?

Fraudsters commonly spread their scams by using hacked or fake social media accounts, especially on platforms like X (Twitter) and Facebook, as well as compromised websites, often built on WordPress. They may also use deceptive links, ads, or buttons on untrustworthy sites to attract potential victims.

Scam pages are also promoted through fake browser notifications, phishing emails, adware, and questionable advertising networks. These networks are often used on torrent pages, adult sites, illegal streaming platforms, and other risky websites.

How to avoid visiting scam pages?

Do not open attachments or click links in emails or messages that seem strange or unexpected. Download software and files only from official web pages (or app stores). Make sure your operating system and programs are always up to date. Regularly scan your device with reliable security software.

Also, avoid clicking on pop-ups, ads, or links encountered on suspicious websites, and never allow such pages to send you notifications. If your computer is already infected with unwanted apps, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate them.

The appearance of "MegaETH Token Distribution" scam (GIF):

The original MegaETH site (megaeth.com):

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Quick menu:

• What is Fake MegaETH Token Distribution site?
• 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 a fake crypto airdrop?

A fake crypto airdrop is a fraudulent scheme that tries to convince unsuspecting individuals that they can get free cryptocurrency from a promotional event or giveaway.

What is the purpose of a fake crypto airdrop?

As a rule, the goal is to trick users into taking actions allowing scammers to drain (empt) their crypto wallets.

Why do I encounter scam websites?

Scammers spread their schemes through deceptive emails, adware, and fake notifications, as well as through shady ad networks commonly found on torrent, adult, and illegal streaming websites. They also use hijacked or fake social media accounts, compromised websites, and misleading ads or links placed on untrustworthy pages.

Will Combo Cleaner protect me from scams?

Combo Cleaner detects harmful or deceptive websites, alerts users to potential threats, and prevents access to those sites.