Bofbitc Review: Legit or Scam? Read This First

Recently, Bofbitc.com website popped up, promoting itself as a place to store cryptocurrency and other assets securely. I managed to gather reliable evidence that unmistakably reveals it is, in truth, a scam service.

Contrary to the statements of Bofbitc.com, they will never pay off your money. Despite the numbers displayed in the “member area”, there is no means to retrieve even a penny. All commitments regarding crypto rewards are baseless as well.

It is better to prevent, than repair and repent!

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Bofbitc Scam Overview

The key offering that Bofbitc strives to provide is a protected and user-friendly crypto wallet service. The site pledges crypto exchange services, tools for controlling wallets, transfers, dashboards, and similar functions. In reality, they try to emulate the functionality of a crypto marketplace, like Binance or Coinbase. However, it in fact exclusively serves as a cover needed to lull the vigilance.

Bofbitc Scam

First and foremost, Bofbitc reproduces the design of numerous similar pages. There are quite a few examples, like Bocbitc, Bitvolte or Bitruntex. They are entirely undistinguishable in terms of visual elements, with slight discrepancies in the site header. Other particulars, and at times even crypto wallet addresses, are unchanged. Presumably, all these scam online platforms are operated by the same group of scoundrels.

Cryptocurrency Scam Summary

How the Bofbitc Scam Works?

Bofbitc is yet another website within a vast network of interconnected crypto deceptive sites. The managers employ various brand names and sites, like Bofbitc.com, to ensnare victims. However, these fraudulent sites have in common the same designs, terms of service, and About Us information. This unveils their beginnings as a part of the same criminal network, which endorses the identical mode of scam under various disguises. The deceivers just duplicate the same fraudulent site under various names to fool users into assuming they are joining a new venture. However, in reality, it’s the same group of fraudsters orchestrating the fraudulent pledges and undertakings to seize deposited cryptocurrency. The operators skillfully employ psychological strategies and appealing invitations to execute their deceitful plans.

Step 1: Spreading

To begin the scam, criminals establish and fill accounts on popular social media platforms. They mainly focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign commences. Utilizing bots and sponsored advertisements (when possible), scam actors increase the visibility of their scam activities to potential victims. This tactic allows them to cast an extensive net and connect with their targeted viewers. The audience typically comprises of cryptocurrency enthusiasts looking for opportunities to generate profits.

Users receive an incentive to enroll, enticed by the commitment of getting crypto rewards valued at thousands of dollars, all without cost. To enhance the attractiveness of the offer, fake suggestions of sponsorship by a celebrity are added. As you may guess, these assertions are entirely baseless.

Step 2: Gaining Traffic

Individuals who demonstrate interest visit Bofbitc.com via links present in promotions or robotic posts. The website utilizes captivating visuals, design aspects that appear genuine, and assertions of holding a valid license, all designed to project an initial image of trustworthiness.

Step 3: Data Gathering

To redeem their benefits, users need to proactively create an profile on Bofbitc and get guidance to submit sensitive and personal data during the sign-up procedure. This comprises linking their cryptocurrency wallets, providing email addresses, specifying phone numbers, submitting identification papers, and more.

Step 4: Requesting funds

Once registered, users notice significant amounts of cryptocurrency, valued at thousands of dollars, within their Bofbitc wallets. Nonetheless, as it usually happens with such incentives, you are unable to withdraw them before topping up your account. Typically, a payment of $100 is required to get the sign-up bonus. This stipulation serves as the snare that eventually leads to the money loss.

Step 5: Disappear

The instant the deposit is made, the deceivers terminate all communication. They go ahead to block users, delete accounts, and vanish with both the deposited money and vital personal information. The fabricated prizes persist perpetually uncredited, as they lack actual existence. They act exclusively as a deceptive maneuver. This technique forms the foundation for the deceivers’ capacity to trick victims and steal hard-earned funds through their double-dealing internet-based crypto scheme.

Signs of Scam

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

• False Celebrity Sponsorship. Bofbitc 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. Bofbitc.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. Bofbitc 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. Bofbitc.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%, Bofbitc preys on the desire for quick profits. Yet, the volatile nature of the cryptocurrency market makes such gains highly unlikely, definitively labeling Bofbitc as a scam.

What Should I do as a Victim?

If you had to deal with Bofbitc 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 to Authorities. Your initial action should involve reporting the scam to local authorities responsible for addressing financial fraud. Additionally, reach out to wallet providers and engage with the technical support teams of social networks. This collective effort raises the bar for the scammers’ operations.
• Inform Your Inner Circle. Extend your impact by sharing information about the scam with your close friends. Similar to notifying authorities, this dissemination of details curbs the scammers’ potential to deceive.
• Document the Trail. Assemble a comprehensive record by capturing screenshots and archiving all relevant website-related data. This encompasses the website URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These materials offer invaluable leads for authorities in their pursuit of the scammers.
• Explore Refund Possibilities. While cryptocurrency payments may not typically align with traditional bank refund policies, it’s worthwhile to explore potential refund avenues under specific circumstances. Maintain a positive outlook until you secure confirmation of the loss.
• Transform Loss into Insight. Shift your focus from the financial loss to gaining wisdom. Consider your loss as an investment in comprehending the tactics employed by crypto scam sites. Familiarize yourself with their distinctive traits, the methods they employ to entice individuals, and the extravagant pledges they make. This knowledge equips you to recognize and avoid future traps, minimizing the risk of enduring further financial setbacks.

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 course of the scam, its actors may get in touch with you with specific documents. Alternatively, they may offer you to deploy “cryptocurrency wallet applications” or “browser extensions” to streamline access to your crypto assets. As we previously figured out, these scoundrels have no intention of giving back your capital. So, what do these emails and browser add-ons represent? Correct – that is another side of the deceptive plan designed to entice you into deliberately running harmful programs onto your device.

Both extensions and attachments attached to email messages can function as a shell for various malicious software. In this situation, I anticipate the presence of spyware and stealers among all forms of malware. While it is not obligatory for scammers to distribute malware, the likelihood is always above zero. As noted, their ethics is of little concern, and their reputation is already deeply compromised. They have nothing to give up and intend to boost profits.

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 Bofbitc

Name: Bofbitc

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Bofbitc, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Bofbitc 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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