The Truth About Cluwex: Legit or Scam? Our Review

Recently, Cluwex.com site appeared, promoting itself as a platform where you can safely keep cryptocurrency and other assets. I managed to gather credible supporting information that unmistakably reveals it is, actually, a fraudulent site.

Despite what Cluwex site says, they will never return your capital. Regardless of the figures displayed in the “member area”, there is zero possibility to take out even a single cent. All commitments regarding crypto incentives are empty as well.

It is better to prevent, than repair and repent!

When we talk about the intrusion of unfamiliar programs into your computer’s work, the proverb “Forewarned is forearmed” describes the situation as accurately as possible. Gridinsoft Anti-Malware is exactly the tool that is always useful to have in your armory: fast, efficient, up-to-date. It is appropriate to use it as an emergency help at the slightest suspicion of infection.

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Cluwex Scam Overview

The primary service that Cluwex aims to provide is a protected and convenient cryptocurrency wallet service. The site promises exchange facilities, tools for controlling wallets, transfers, dashboards, and similar stuff. In truth, they endeavor to emulate the functionality of a crypto trading platform, like Binance or Coinbase. However, it actually solely serves as a cover intended to lull the vigilance.

Cluwex Scam

Initially, Cluwex mimics the layout of numerous similar websites. There are quite a few examples, like Trademusk, Konbix or Coinepex. They are completely identical in terms of graphic elements, with slight discrepancies in the website header. Other specific elements, and at times even crypto wallet addresses, are identical. Probably, all these fraudulent online platforms are operated by a single gang of fraudsters.

Cryptocurrency Scam Summary

How the Cluwex Scam Works?

Cluwex is yet another webpage within a wide-ranging network of interconnected crypto scam sites. The operators employ various brand names and sites, like Cluwex.com, to ensnare victims. Nonetheless, these fraudulent sites possess matching website designs, terms of service, and About Us content. This exposes their sources as parts of the same criminal network, which promotes the identical form of scam under various covers. The fraudsters merely replicate the identical scam site under different names to deceive users into believing they are enrolling a fresh venture. However, in reality, it’s the same system of swindlers orchestrating the deceptive promises and efforts to seize deposited funds. The operators skillfully utilize psychological strategies and enticing propositions to carry out their unscrupulous plans.

Step 1: Spreading

To initiate the scam, criminals establish and fill accounts on popular social media platforms. They mainly target Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign starts. Employing bots and paid ads (when possible), scam actors increase the visibility of their fraudulent activities to potential victims. This tactic allows them to cast a wide net and connect with their targeted audience. This audience typically comprises of cryptocurrency enthusiastic individuals searching for prospects to generate profits.

Users get a stimulus to sign up, attracted by the commitment of receiving crypto rewards valued at thousands of dollars, all free of charge. To enhance the attractiveness of the offer, false claims of cooperation with a celebrity are incorporated. As you may guess, these claims are entirely baseless.

Step 2: Gaining Traffic

Individuals who show interest go to Cluwex.com via links included in advertisements or bot-generated posts. The website uses captivating visuals, design aspects that appear genuine, and claims of possessing a legitimate license, all designed to convey an initial image of trustworthiness.

Step 3: Data Gathering

To collect their benefits, users need to deliberately sign up on Cluwex and get guidance to submit sensitive and private data throughout the registration procedure. This comprises linking their cryptocurrency wallets, sharing email addresses, giving phone numbers, furnishing identification papers, and the like.

Step 4: Requesting funds

Once signed up, users observe considerable amounts of cryptocurrency, valued at thousands of dollars, within their Cluwex wallets. Nevertheless, as it usually happens with such incentives, you cannot withdraw them before making a deposit. Usually, a deposit of $100 is asked to get the sign-up bonus. This stipulation serves as the snare that ultimately results to the money loss.

Step 5: Disappear

The moment the deposit is made, the scammers cease all communication. They go ahead to block users, erase accounts, and disappear with both the submitted money and essential individual information. The fictitious benefits remain perpetually uncredited, as they lack genuine existence. They function solely as a phishing strategy. This method forms the foundation for the deceivers’ ability to deceive victims and steal hard-earned earnings through their duplicative online crypto fraud.

Signs of Scam

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

• Unsubstantiated Credibility. Cluwex employs fraudulent celebrity endorsements, often featuring names like Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. These false claims extend to fictitious partnerships with reputable entities like Coinbase, Binance, or MetaMask, despite the absence of genuine connections.
• Implausible Earnings Claims. Promising remarkable returns of 50-100-200%, Cluwex exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Cluwex as a scam.
• Dubious Corporate Information. Cluwex arouses suspicion by providing inadequate documentation about ownership, location, and registration. Furthermore, the lack of legitimate contact information and the recent registration of domain and social media profiles deepen skepticism.
• Exclusive Cryptocurrency Payments. Cluwex.com solely accepts payments in cryptocurrencies, refraining from traditional bank transfers and other payment methods. This approach not only shrouds the company’s identity but also prevents the possibility of requesting refunds.
• Potential Pyramid Scheme. The scam relies on a Ponzi-like referral structure disseminated through social media. Nevertheless, only initial participants profit, often at the expense of funds brought in by subsequent members.
• Groundless Hype Tactics. Cluwex utilizes fabricated claims about non-existent events, such as securing contracts with Coinbase or receiving endorsements from Elon Musk. This manipulative strategy aims to foster belief in money returns and encourages individuals to top up their accounts again.

What Should I do as a Victim?

If you had to deal with Cluwex 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 duration of the scam, fraudsters may reach out to you with particular files. Alternatively, they may offer you to install “cryptocurrency wallet applications” or “browser extensions” to streamline access to your crypto savings. As we already figured out, these scoundrels have no intention of restoring your funds. So, what can these email messages and browser extensions represent? You guessed – that is another component of the scam designed to throw you into willingly running destructive software onto your system.

Both extensions and files attached to email messages can serve as a carrier for diverse malicious software. In this case, I anticipate the presence of spyware and stealers among all forms of malware. While it is not mandatory for scammers to distribute malware, the chance is always greater than zero. As noted, their morality is of negligible importance, and their dignity is already severely tarnished. They have no scruples to lose and strive to maximize revenues.

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 Cluwex

Name: Cluwex

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