Investigating Bixmot: Legit or Scam? The Truth Exposed

Recently, Bixmot.com service appeared, promoting itself as a place to keep cryptocurrency and other assets safely. I managed to gather credible supporting information that unmistakably confirms it is, in truth, a fraudulent service.

Contrary to the claims of Bixmot.com, they won’t ever give back your money. Regardless of the money displayed in the “member area”, there is no way to take out even a coin. All commitments regarding crypto rewards are empty as well.

It is better to prevent, than repair and repent!

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Bixmot Scam Overview

The main offering that Bixmot attempts to provide is a protected and user-friendly crypto wallet service. The website pledges exchange facilities, tools for managing wallets, transfers, dashboards, and the like. In fact, they endeavor to emulate the functionality of a crypto marketplace, like Binance or Coinbase. However, it actually solely serves as a shell needed to deceive the cautious.

Bixmot Scam

To begin with, Bixmot mimics the appearance of multiple equivalent online platforms. There are quite a few examples, like Beastnex, Beomex or Xbitm. They are completely indistinguishable in terms of graphic elements, with slight discrepancies in the site header. Other particulars, and at times even crypto wallet addresses, are matching. Most likely, all these scam online platforms are led by the same group of frauds.

Cryptocurrency Scam Summary

How the Bixmot Scam Works?

Bixmot is yet another website within a extensive network of associated crypto deceptive sites. The operators employ diverse brand identities and sites, like Bixmot.com, to ensnare victims. Nonetheless, these fraudulent sites share matching designs, terms of service, and About content. This unveils their origins as components of the identical criminal network, which endorses the same form of deception under diverse disguises. The scammers just copy the identical fraudulent website under various names to fool users into assuming they are enrolling a fresh opportunity. However, in actuality, it’s the identical system of swindlers orchestrating the deceptive commitments and efforts to seize deposited funds. The operators cleverly employ psychological strategies and enticing invitations to carry out their unscrupulous plans.

Step 1: Spreading

To begin the fraud, criminals set up and fill accounts on popular social media platforms. They primarily target Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign commences. Utilizing bots and sponsored promotions (when feasible), fraud actors increase the exposure of their fraudulent activities to potential victims. This tactic enables them to create a wide net and interact with their targeted spectators. The latter usually consists of cryptocurrency fans seeking prospects to generate profits.

Users obtain an incentive to enroll, enticed by the assurance of receiving crypto benefits valued at thousands of dollars, all for free. To enhance the appeal of the offer, false suggestions of sponsorship by a celebrity are added. As you may guess, these claims are entirely baseless.

Step 2: Gaining Traffic

Individuals who show interest check out Bixmot.com via links included in ads or robotic posts. The site employs captivating visuals, design features that appear legitimate, and assertions of holding a legitimate license, all designed to present an initial image of trustworthiness.

Step 3: Data Gathering

To collect their benefits, users are required to proactively sign up on Bixmot and receive prompts to submit sensitive and private data during the sign-up process. This comprises linking their cryptocurrency wallets, sharing email addresses, specifying phone numbers, furnishing identification documents, and more.

Step 4: Requesting funds

Once registered, users notice significant amounts of cryptocurrency, valued at hundreds of dollars, within their Bixmot wallets. However, as it usually happens with such rewards, you can’t withdraw them before making a deposit. Usually, a payment of $100 is required to access the sign-up bonus. This prerequisite serves as the snare that ultimately leads to the money loss.

Step 5: Disappear

The point in time the payment is sent, the scammers terminate all interaction. They move forward to block users, erase accounts, and disappear with both the submitted money and essential individual data. The fabricated benefits persist perpetually uncredited, as they lack genuine existence. They operate exclusively as a phishing ploy. This technique forms the foundation for the deceivers’ ability to deceive victims and steal hard-earned funds through their deceptive online crypto scam.

Signs of Scam

I gathered several facts that point at the scammy nature of the Bixmot.com. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.

• False Celebrity Sponsorship. Bixmot often resorts to fake endorsements from celebrities such as Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. This fraudulent tactic extends to claiming partnerships with reputable companies like Coinbase, Binance, or MetaMask, despite lacking any genuine affiliations.
• Cryptocurrency-Only Payments. Bixmot.com exclusively accepts payments in cryptocurrencies, rejecting traditional bank transfers and other methods. This approach not only masks the company’s identity but also eliminates the possibility of seeking refunds.
• Dubious Company Information. Bixmot raises suspicion by withholding essential ownership, location, and registration details. Furthermore, the absence of legitimate contact information and the recent establishment of domain and social media pages intensify skepticism.
• Unsubstantiated Hype. Bixmot.com employs groundless hype tactics, fabricating events like securing contracts with Coinbase or receiving endorsements from Elon Musk. These manipulative techniques aim to instill false confidence and encourage further investments.
• Potential Pyramid Scheme. The scam relies on a structure resembling a Ponzi scheme, leveraging a referral system spread through social media. However, only initial participants benefit, often at the expense of subsequent investors.
• Implausible Claims. Promising returns of 50-100-200%, Bixmot preys on the desire for quick profits. Yet, the volatile nature of the cryptocurrency market makes such gains highly unlikely, definitively labeling Bixmot as a scam.

What Should I do as a Victim?

If you had to deal with Bixmot site and fell victim to that scam, there are still some steps to take. They will make further scam attempts harder, and also boost the knowledge about that scam among folks.

• Report the scam to authorities. Search for local authorities responsible for financial frauds, and also notify wallet providers and social networks via their tech support. It is essential to make the further operations of these scammers much harder.
• Tell your close friends. That step is similar to reporting to the authorities, and has similar effects. By posting info about scam crypto service, you decrease the pool of people they can fool.
• Get evidence. Screenshot or save all the information related to the website. URL, screenshot of a main page, login window, EULA, account top-up menu, wallet addresses – all these things may be useful for authorities to find the scammers.
• Check whether you can ask for a refund. As I’ve said above, crypto payments do not fall under refund policies in most banks. Nonetheless, in some circumstances, it is still possible. Never lose hope until you actually confirm it is gone.
• Make your mistake your lesson. Financial losses are always a reason for frustration, but let’s imagine it was a pay for scam revealing courses. Remember the key features of these crypto scam sites, the way they attract people and what they promise. In the future, you will easily recognize a trap of spending no money.

Scan your system for possible malware infections

Beware of cross scams! Scam actors can use your trust to make you download some stuff or interact with certain documents. It may be a trap that installs malware to your system. There are no moral barriers or limits for these scoundrels.

Throughout the timeline of the scam, fraudsters may contact you with specific documents. Alternatively, they may suggest you to install “cryptocurrency wallet applications” or “browser extensions” to simplify access to your cryptocurrency savings. As we already determined, these scoundrels have no intention of giving back your funds. So, what can these messages and browser extensions represent? Correct – that is another element of the fraudulent scheme designed to entice you into willingly installing malicious applications onto your system.

Both add-ons and files included to emails can function as a carrier for different malware. In this situation, I anticipate the presence of spyware and stealers among all kinds of malicious programs. While it is not obligatory for scammers to distribute malware, the chance is always existent. As previously mentioned, their ethics is of negligible importance, and their dignity is already seriously marred. They have no scruples to lose and aim to maximize gains.

Remove spyware with Gridinsoft Anti-Malware

We have also been using this software on our systems ever since, and it has always been successful in detecting viruses. It has blocked the most common malicious programs as shown from our tests with the software, and we assure you that it can remove spyware as well as other malware hiding on your computer.

To use Gridinsoft for remove malicious threats, follow the steps below:

1. Begin by downloading Gridinsoft Anti-Malware, accessible via the blue button below or directly from the official website gridinsoft.com.

2.Once the Gridinsoft setup file (setup-gridinsoft-fix.exe) is downloaded, execute it by clicking on the file.

3.Follow the installation setup wizard's instructions diligently.

4. Access the "Scan Tab" on the application's start screen and launch a comprehensive "Full Scan" to examine your entire computer. This inclusive scan encompasses the memory, startup items, the registry, services, drivers, and all files, ensuring that it detects malware hidden in all possible locations.

Be patient, as the scan duration depends on the number of files and your computer's hardware capabilities. Use this time to relax or attend to other tasks.

5. Upon completion, Anti-Malware will present a detailed report containing all the detected malicious items and threats on your PC.

6. Select all the identified items from the report and confidently click the "Clean Now" button. This action will safely remove the malicious files from your computer, transferring them to the secure quarantine zone of the anti-malware program to prevent any further harmful actions.

8. If prompted, restart your computer to finalize the full system scan procedure. This step is crucial to ensure thorough removal of any remaining threats. After the restart, Gridinsoft Anti-Malware will open and display a message confirming the completion of the scan.

Remember Gridinsoft offers a 6-day free trial. This means you can take advantage of the trial period at no cost to experience the full benefits of the software and prevent any future malware infections on your system. Embrace this opportunity to fortify your computer's security without any financial commitment.

Trojan Killer for “spyware” removal on locked PC

In situations where it becomes impossible to download antivirus applications directly onto the infected computer due to malware blocking access to websites, an alternative solution is to utilize the Trojan Killer application.

There is a really little number of security tools that are able to be set up on the USB drives, and antiviruses that can do so in most cases require to obtain quite an expensive license. For this instance, I can recommend you to use another solution of GridinSoft - Trojan Killer Portable. It has a 14-days cost-free trial mode that offers the entire features of the paid version. This term will definitely be 100% enough to wipe malware out.

Trojan Killer is a valuable tool in your cybersecurity arsenal, helping you to effectively remove malware from infected computers. Now, we will walk you through the process of using Trojan Killer from a USB flash drive to scan and remove malware on an infected PC. Remember, always obtain permission to scan and remove malware from a computer that you do not own.

Step 1: Download & Install Trojan Killer on a Clean Computer:

1. Go to the official GridinSoft website (gridinsoft.com) and download Trojan Killer to a computer that is not infected.

2. Insert a USB flash drive into this computer.

3. Install Trojan Killer to the "removable drive" following the on-screen instructions.

4. Once the installation is complete, launch Trojan Killer.

Step 2: Update Signature Databases:

5. After launching Trojan Killer, ensure that your computer is connected to the Internet.

6. Click "Update" icon to download the latest signature databases, which will ensure the tool can detect the most recent threats.

Step 3: Scan the Infected PC:

7. Safely eject the USB flash drive from the clean computer.

8. Boot the infected computer to the Safe Mode.

9. Insert the USB flash drive.

10. Run tk.exe

11. Once the program is open, click on "Full Scan" to begin the malware scanning process.

Step 4: Remove Found Threats:

12. After the scan is complete, Trojan Killer will display a list of detected threats.

13. Click on "Cure PC!" to remove the identified malware from the infected PC.

14. Follow any additional on-screen prompts to complete the removal process.

Step 5: Restart Your Computer:

15. Once the threats are removed, click on "Restart PC" to reboot your computer.

16. Remove the USB flash drive from the infected computer.

Congratulations on effectively removing spyware and the concealed threats from your computer! You can now have peace of mind, knowing that they won't resurface again. Thanks to Gridinsoft's capabilities and commitment to cybersecurity, your system is now protected.

Frequently asked questions

The truth about Bixmot

Name: Bixmot

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Bixmot, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Bixmot scam, techniques for recognizing it, and, most crucially, ways to evade becoming a victim.

Operating System: All

Application Category: Crypto Scams

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