Is Coinxleak Legit or Another Scam? The Truth Revealed

Recently, Coinxleak.com site popped up, promoting itself as a place to keep cryptocurrency and other assets securely. I managed to gather reliable evidence that clearly indicates it is, in fact, a fraudulent service.

Contrary to the claims of Coinxleak.com, they will never give back your money. Regardless of the numbers displayed in the “member area”, there is absolutely no means to withdraw even a cent. All promises regarding crypto bonuses are hollow 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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Coinxleak Scam Overview

The primary feature that Coinxleak aims to provide is a secure and user-friendly crypto wallet service. The site pledges exchange solutions, tools for controlling wallets, transfers, dashboards, and similar stuff. In fact, they aim to emulate the functionality of a crypto exchange, akin to Binance or Coinbase. However, it in actuality exclusively serves as a shell intended to fool the cautious.

Coinxleak Scam

Initially, Coinxleak mimics the appearance of many similar pages. There are quite a few examples, like Rompwex, Merckex or Marseox. They are completely identical in terms of visual elements, with slight discrepancies in the website header. Other details, and at times even crypto wallet addresses, are identical. Probably, all these deceptive online platforms are operated by a single team of scoundrels.

Cryptocurrency Scam Summary

How the Coinxleak Scam Works?

Coinxleak is yet another online platform within a vast network of associated crypto scam sites. The administrators employ various brand identities and sites, like Coinxleak.com, to ensnare victims. Nonetheless, these false websites have in common identical designs, terms of service, and About Us content. This unveils their origins as a part of the equal criminal network, which advocates the similar type of scam under different covers. The fraudsters merely copy the same deceptive website under different names to deceive users into believing they are enrolling a new platform. However, in reality, it’s the equal system of scammers orchestrating the deceptive promises and efforts to take deposited funds. The operators shrewdly utilize psychological maneuvers and captivating invitations to carry out their dishonest schemes.

Step 1: Spreading

To start the scam, criminals create and fill accounts on well-liked social media platforms. They mainly focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the marketing campaign begins. Employing bots and paid promotions (when possible), scam actors increase the visibility of their scam activities to potential victims. This strategy allows them to create a broad net and interact with their focused viewers. The latter usually comprises of cryptocurrency fans seeking chances to make profits.

Users receive an incentive to enroll, enticed by the commitment of obtaining crypto rewards valued at thousands of dollars, all free of charge. To increase the appeal of the offer, fake suggestions of cooperation with a celebrity are incorporated. As you may guess, these claims are entirely baseless.

Step 2: Gaining Traffic

Users who show interest check out Coinxleak.com via links present in ads or bot-generated posts. The site uses captivating visuals, design features that appear authentic, and claims of having a valid license, all intended to present an initial impression of reliability.

Step 3: Data Gathering

To claim their rewards, users must deliberately create an profile on Coinxleak and get instructions to submit sensitive and private information during the sign-up procedure. This includes linking their cryptocurrency wallets, sharing email addresses, giving phone numbers, submitting identification documents, and the like.

Step 4: Requesting funds

Once registered, users witness considerable amounts of cryptocurrency, valued at hundreds of dollars, within their Coinxleak wallets. Nonetheless, as it usually happens with such bonuses, you are unable to withdraw them ahead of making a deposit. Normally, a payment of $100 is asked to access the sign-up bonus. This stipulation serves as the enticement that eventually results to the money loss.

Step 5: Disappear

The instant the payment is made, the fraudsters halt all contact. They move forward to bar users, erase accounts, and abscond with both the submitted capital and critical individual details. The phony prizes continue to be perpetually uncredited, as they lack genuine existence. They act solely as a phishing maneuver. This approach forms the foundation for the deceivers’ ability to mislead victims and embezzle hard-earned money through their double-dealing web crypto scheme.

Signs of Scam

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

• Absent company details. Coinxleak does not provide any documentation about its ownership, location or registration. No legitimate contact details are given either. Moreover, it appears that the domain and all social network pages were registered quite recently.
• Fake sponsorship from a celebrity. Scams like Coinxleak like to pick a celebrity as a sponsor of this entire campaign. For obvious reasons, fraudsters generally choose Elon Musk, Jeff Bezos, Mr. Beast, Mark Zuckerberg, and similar celebrities. They do not disdain claiming partnership with a company as well. Even though Coinbase, Binance or MetaMask never heard of Coinxleak, they do not care – this creates a halo of credibility.
• Potential Ponzi Scheme. The scam relies on a Ponzi-like referral system to spread reach through social media. In fact, only the first members will receive the payoff, at the cost of the money brought by other members.
• Hype without facts. Frauds can cheer up their victims from time to time, using claims about non-existent events. “We got contracts with Coinbase”, “Elon Musk mentioned us as the most prolific crypto project” – you could likely hear something like that. This is made to make people believe in their money return. This can be the sauce to make people top-up their accounts once again.
• Crypto-only incoming payments. Whether the user tries to top-up the account, hackers will only accept payments in crypto – no bank transfers or other payment methods. Such an approach completely hides the identity of the company and deprives you of the ability to ask for a refund.
• Claims are too good to be true. Let’s be sane and sober: even in crypto space, there are not many places where you can earn 50-100-200%. Being able to participate in all of them is nearly impossible, as well as it is impossible to insure or hedge all the risks. Even by that reason alone I can tell that the Coinxleak is a definite scam.

What Should I do as a Victim?

If you had to deal with Coinxleak 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 timeline of the scam, its masters may contact you with specific documents. Alternatively, they may propose you to deploy “cryptocurrency wallet applications” or “browser extensions” to facilitate access to your cryptocurrency savings. As we previously figured out, these scammers have no intent of restoring your funds. So, what can these email messages and browser add-ons represent? You guessed it right – this is another element of the fraudulent scheme designed to entice you into willingly installing harmful software onto your device.

Both plugins and attachments added to emails can function as a shell for different malicious software. In this situation, I foresee the presence of spyware and stealers among all kinds of malicious programs. While it is not mandatory for scammers to distribute malware, the likelihood is always significant. As noted, their morality is of no concern, and their reputation is already deeply compromised. They have no principles to give up and strive 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.

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