What is the "Crypto Cashback Reward" email scam

What kind of email is "Crypto Cashback Reward"?

We have examined this email and concluded it is a scam. The message falsely claims the recipient has earned $7,146,325.16 in cryptocurrency through a fabricated "Digital Money Market Funding System" and instructs them to contact scammers via Signal messenger to claim the funds. This is an advance-fee fraud scheme that should be ignored.

"Crypto Cashback Reward" email scam overview

The email presents itself as an official notification from the "Digital Money Market Funding System" and claims the recipient holds a 1% share of a managed fund totaling $714,632,516.87. Their alleged payout is listed as $7,146,325.16 USDT, a popular stablecoin cryptocurrency.

To make the supposed payment feel imminent, the email displays a "Payment Verification Status: 75% Complete" indicator. This fake progress element is a deliberate manipulation tactic, designed to make recipients feel the funds are nearly ready and that only one small action remains.

That action is to contact the scammers via Signal messenger using a listed phone number. Once a victim reaches out, they will typically be told that upfront fees are required before the funds can be released. These may be framed as taxes, compliance charges, or administrative processing costs.

No funds exist. The "Digital Money Market Funding System" and the "Tokenized Money Market Fund (MMF) Providers" named in the email are entirely fictitious. Any fees paid will go directly to the scammers, who will then invent new reasons to demand additional payments.

Victims who continue engaging also risk identity theft. If scammers request personal documents or banking information during the supposed verification process, this data may be used for further fraud long after the initial contact.

Email scams in general

This email is a classic advance-fee fraud scheme dressed up with cryptocurrency terminology. It fabricates a large pending payout and uses a fake progress indicator to make the illusion feel urgent and real. Anyone who contacts the scammers will ultimately be asked to pay fees that never lead to any funds being released. Sometimes, scams of this kind are also used to distribute malware.

More examples of similar scam emails are Unresolved Inbound Items, DHL Express Shipment Update, and Administrator Update.

How do spam campaigns infect computers?

Malicious emails frequently carry infected files as attachments. These include executable programs, compressed archives, Office documents, PDF files, and various script formats. When such a file is opened, and in some cases when a specific feature like malicious macro commands is enabled, the malware installation process begins.

Spam emails may also contain embedded links leading to malicious websites. Visiting these sites can result in automatic malware downloads, or the site may attempt to trick the visitor into manually downloading and running a harmful file. In either case, some level of user action is typically required before infection can occur.

How to avoid installation of malware?

Treat unexpected emails with caution, particularly those promising money, rewards, or urgent account actions. Avoid opening attachments or clicking links in messages from unfamiliar senders, and be skeptical of any email that creates artificial urgency or promises an unusually large sum.

Only download software from official websites and trusted app stores. Avoid cracked programs, key generators, and pirated software, as these frequently come bundled with hidden malware. Keep your operating system and all installed software up to date to close known security vulnerabilities.

Use reputable antivirus software and scan your system regularly. Do not grant notification permissions to websites you do not recognize. If you have already opened a suspicious attachment, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate any infiltrated malware.

Text presented in the "Crypto Cashback Reward" email letter:

Subject: Finalize - ******** - MMF Distribution ($7,146,325.16)

DIGITAL MONEY MARKET FUNDING SYSTEM • VERIFIED NOTIFICATION
● PENDING PAYMENT
$7,146,325.16 USDT

Asset allocation for: ********
Payment Verification Status: 75% Complete

We are writing to inform you that you have earened 1% share from $714,632,516.87 USD which is equivalent to $7,146,325.16 USDT crypto cashback reward paid through the Digital Money Market Funding System. These assets were systematically compiled and cleared as a digital cashback reward.

To ensure compliance with global digital asset regulations and to secure your funds, please review the following disbursement details.

• Total Managed Fund: $714,632,516.87 USD
• Your Allocated Share: 1.00%
• Gross Settlement Amount: $7,146,325.16 USDT
• Distribution Method: Verified Cryptocurrency

How to Claim $7,146,325.16 USDT

Contact our support through Signal - Private Messenger (Install Signal from your Mobile App Store) number below to facilitate payment of $7,146,325.16 USDT to you.

+13439461679 +13439461679 +13439461679

© Tokenized Money Market Fund (MMF) Providers
Dashboard Support Teams

Full appearance of the "Crypto Cashback Reward" scam email (GIF):

Instant automatic malware removal:

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Quick menu:

• What is Crypto Cashback Reward phishing scam?
• Types of malicious emails.
• How to spot a malicious email?
• What to do if you fell for an email scam?

Types of malicious emails:

Phishing Emails

Most commonly, cybercriminals use deceptive emails to trick Internet users into giving away their sensitive private information, for example, login information for various online services, email accounts, or online banking information.

Such attacks are called phishing. In a phishing attack, cybercriminals usually send an email message with some popular service logo (for example, Microsoft, DHL, Amazon, Netflix), create urgency (wrong shipping address, expired password, etc.), and place a link which they hope their potential victims will click on.

After clicking the link presented in such email message, victims are redirected to a fake website that looks identical or extremely similar to the original one. Victims are then asked to enter their password, credit card details, or some other information that gets stolen by cybercriminals.

Emails with Malicious Attachments

Another popular attack vector is email spam with malicious attachments that infect users' computers with malware. Malicious attachments usually carry trojans that are capable of stealing passwords, banking information, and other sensitive information.

In such attacks, cybercriminals' main goal is to trick their potential victims into opening an infected email attachment. To achieve this goal, email messages usually talk about recently received invoices, faxes, or voice messages.

If a potential victim falls for the lure and opens the attachment, their computers get infected, and cybercriminals can collect a lot of sensitive information.

While it's a more complicated method to steal personal information (spam filters and antivirus programs usually detect such attempts), if successful, cybercriminals can get a much wider array of data and can collect information for a long period of time.

Sextortion Emails

This is a type of phishing. In this case, users receive an email claiming that a cybercriminal could access the webcam of the potential victim and has a video recording of one's masturbation.

To get rid of the video, victims are asked to pay a ransom (usually using Bitcoin or another cryptocurrency). Nevertheless, all of these claims are false - users who receive such emails should ignore and delete them.

How to spot a malicious email?

While cyber criminals try to make their lure emails look trustworthy, here are some things that you should look for when trying to spot a phishing email:

• Check the sender's ("from") email address: Hover your mouse over the "from" address and check if it's legitimate. For example, if you received an email from Microsoft, be sure to check if the email address is @microsoft.com and not something suspicious like @m1crosoft.com, @microsfot.com, @account-security-noreply.com, etc.
• Check for generic greetings: If the greeting in the email is "Dear user", "Dear @youremail.com", "Dear valued customer", this should raise suspiciousness. Most commonly, companies call you by your name. Lack of this information could signal a phishing attempt.
• Check the links in the email: Hover your mouse over the link presented in the email, if the link that appears seems suspicious, don't click it. For example, if you received an email from Microsoft and the link in the email shows that it will go to firebasestorage.googleapis.com/v0... you shouldn't trust it. It's best not to click any links in the emails but to visit the company website that sent you the email in the first place.
• Don't blindly trust email attachments: Most commonly, legitimate companies will ask you to log in to their website and to view any documents there; if you received an email with an attachment, it's a good idea to scan it with an antivirus application. Infected email attachments are a common attack vector used by cybercriminals.

To minimise the risk of opening phishing and malicious emails we recommend using Combo Cleaner Antivirus for Windows. 

Example of a spam email:

What to do if you fell for an email scam?

• If you clicked on a link in a phishing email and entered your password - be sure to change your password as soon as possible. Usually, cybercriminals collect stolen credentials and then sell them to other groups that use them for malicious purposes. If you change your password in a timely manner, there's a chance that criminals won't have enough time to do any damage.
• If you entered your credit card information - contact your bank as soon as possible and explain the situation. There's a good chance that you will need to cancel your compromised credit card and get a new one.
• If you see any signs of identity theft - you should immediately contact the Federal Trade Commission. This institution will collect information about your situation and create a personal recovery plan.
• If you opened a malicious attachment - your computer is probably infected, you should scan it with a reputable antivirus application. For this purpose, we recommend using  Combo Cleaner Antivirus for Windows.
• Help other Internet users - report phishing emails to Anti-Phishing Working Group, FBI’s Internet Crime Complaint Center, National Fraud Information Center and U.S. Department of Justice.

Frequently Asked Questions (FAQ)

Why did I receive this email?

These messages are sent to large numbers of people at once. Cybercriminals build mailing lists using data obtained from breaches, fake websites, and similar sources. The emails are not personally targeted.

I have provided my personal information when tricked by this email, what should I do?

Change the passwords on any accounts that may have been compromised. If banking or credit card information was shared, contact the relevant financial institution immediately to report the incident.

Should you have also provided identification documents, consider reporting the matter to the appropriate authorities in your country that handle identity fraud cases.

I have downloaded and opened a malicious file attached to an email, is my computer infected?

Executables and similar file types can trigger an infection as soon as they are opened. Document formats like PDFs or Word files typically require additional user interaction, such as enabling macros, before any malicious code activates. The actual risk depends on the file type involved.

I have read the email but did not open the attachment, is my computer infected?

No. Simply reading an email does not infect your device. Malware requires the user to actively engage with malicious content, such as opening an attachment or clicking a link. Your computer is safe if no such action was taken.

Will Combo Cleaner remove malware infections that were present in email attachment?

Yes. Combo Cleaner is built to detect and remove a wide range of malware, including threats delivered through email attachments. A full system scan is recommended to ensure even deeply hidden threats are identified and eliminated.