We Investigated Heyderbit: Legit or Scam? The Facts

Recently, Heyderbit.com site surfaced, promoting itself as a place to keep cryptocurrency and other assets securely. I managed to gather credible proof that unmistakably reveals it is, in fact, a scam platform.

Despite what Heyderbit site says, they won’t refund your money. Even though the money displayed in the “member area”, there is no way to take out even a coin. All commitments regarding crypto rewards are baseless as well.

Heyderbit Scam Overview

The main service that Heyderbit attempts to provide is a safe and convenient cryptocurrency wallet service. The site pledges crypto exchange services, tools for controlling wallets, transfers, dashboards, and the like. In fact, they aim to emulate the functionality of a crypto marketplace, akin to Binance or Coinbase. However, it in actuality solely serves as a shell needed to lull the vigilance.

Heyderbit Scam

First and foremost, Heyderbit imitates the appearance of numerous similar pages. There are quite a few examples, like Farnexy, Mavibit or Musnex. They are entirely identical in terms of graphic elements, with minor discrepancies in the website header. Other details, and at times even crypto wallet addresses, are unchanged. Probably, all these deceptive websites are led by a single gang of scammers.

Cryptocurrency Scam Summary

How the Heyderbit Scam Works?

Heyderbit is yet another online platform within a vast network of linked crypto scam webpages. The administrators utilize diverse brand titles and websites, like Heyderbit.com, to capture victims. However, these false sites have in common identical designs, terms of service, and About information. This unveils their beginnings as parts of the equal scam network, which endorses the same type of fraud under various disguises. The deceivers just replicate the equal fraudulent site under various names to fool users into assuming they are joining a new opportunity. However, in reality, it’s the equal system of fraudsters orchestrating the misleading pledges and efforts to take deposited funds. The operators cleverly employ psychological maneuvers and captivating propositions to execute their unscrupulous plans.

Step 1: Spreading

To start the scam, criminals create and fill accounts on well-liked social media platforms. They generally focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the marketing campaign commences. Utilizing bots and sponsored promotions (when achievable), fraud actors intensify the visibility of their fraudulent activities to possible victims. This strategy allows them to create a wide net and connect with their aimed viewers. The latter commonly consists of cryptocurrency fans looking for prospects to make profits.

Users obtain an encouragement to register, attracted by the assurance of receiving crypto rewards valued at hundreds of dollars, all without cost. To increase the appeal of the offer, fake suggestions of cooperation with a celebrity are added. As you may guess, these claims are entirely baseless.

Step 2: Gaining Traffic

People who demonstrate interest go to Heyderbit.com via links included in advertisements or bot-generated posts. The website uses captivating visuals, design elements that appear legitimate, and assertions of possessing a legitimate license, all aimed to convey an initial impression of credibility.

Step 3: Data Gathering

To redeem their prizes, users must deliberately sign up on Heyderbit and receive instructions to submit sensitive and personal data throughout the enrollment process. This includes linking their cryptocurrency wallets, providing email addresses, specifying phone numbers, submitting 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 Heyderbit wallets. Nevertheless, as it usually happens with such bonuses, you are unable to withdraw them before topping up your account. Normally, a deposit of $100 is required to get the sign-up bonus. This condition serves as the trap that eventually leads to the money loss.

Step 5: Disappear

The moment the payment is made, the scammers halt all communication. They proceed to restrict users, delete accounts, and abscond with both the deposited funds and critical private data. The fabricated benefits persist perpetually uncredited, as they lack real existence. They operate exclusively as a deceptive maneuver. This technique forms the foundation for the fraudsters’ capability to mislead victims and steal hard-earned money through their duplicative internet-based crypto scheme.

Signs of Scam

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

• Absent company details. Heyderbit 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 Heyderbit 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 Heyderbit, 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 Heyderbit is a definite scam.

What Should I do as a Victim?

If you had to deal with Heyderbit 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 duration of the scam, its actors may get in touch with you with particular documents. Alternatively, they may propose you to install “cryptocurrency wallet applications” or “browser extensions” to simplify access to your crypto savings. As we previously figured out, these scoundrels have no plan of returning your funds. So, what can these emails and browser add-ons represent? Correct – that is another component of the deceptive plan designed to throw you into willingly running harmful programs onto your computer.

Both extensions and files included to emails can act as a carrier for diverse malicious software. In this scenario, I foresee the presence of spyware and stealers among all forms of malicious programs. While it is not mandatory for scammers to distribute malware, the likelihood is always significant. As previously mentioned, their conscience is of little concern, and their reputation is already severely tarnished. They have no principles to give up and aim to boost revenues.

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