Investigating Mesaxbit: Legit or Scam? The Truth Exposed

Recently, Mesaxbit.com site popped up, promoting itself as a place to store cryptocurrency and other assets safely. I managed to gather credible proof that unmistakably indicates it is, in truth, a scam site.

Contrary to the assertions of Mesaxbit.com, they will never pay off your funds. Despite the money displayed in the “member area”, there is no means to retrieve even a single coin. All promises regarding crypto incentives are baseless as well.

It is better to prevent, than repair and repent!

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Mesaxbit Scam Overview

The key service that Mesaxbit aims to provide is a safe and user-friendly cryptocurrency wallet service. The site promises crypto exchange solutions, tools for managing wallets, transfers, dashboards, and similar functions. In truth, they aim to emulate the functionality of a crypto trading platform, like Binance or Coinbase. However, it in fact exclusively serves as a shell needed to lull the vigilance.

Mesaxbit Scam

First and foremost, Mesaxbit imitates the design of multiple similar online platforms. There are quite a few examples, like Malfaux, Lumenxbit or Lugobit. They are completely identical in terms of graphic elements, with minor discrepancies in the webpage header. Other particulars, and sometimes even crypto wallet addresses, are identical. Presumably, all these deceptive online platforms are led by a single gang of frauds.

Cryptocurrency Scam Summary

How the Mesaxbit Scam Works?

Mesaxbit is yet another webpage within a wide-ranging network of linked crypto scam webpages. The managers employ different brand names and websites, like Mesaxbit.com, to trap victims. However, these false websites have in common matching designs, terms of service, and About content. This exposes their origins as a part of the identical scam network, which endorses the same type of fraud under various covers. The scammers merely replicate the same deceptive website under various names to fool users into thinking they are participating in a new platform. However, in actuality, it’s the identical group of swindlers orchestrating the misleading pledges and efforts to grab deposited funds. The operators skillfully employ psychological maneuvers and enticing invitations to execute their deceitful schemes.

Step 1: Spreading

To initiate the deceptive scheme, criminals create and fill accounts on well-liked social media platforms. They generally aim at Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign commences. Utilizing bots and sponsored ads (when achievable), scam actors increase the visibility of their scam activities to possible victims. This tactic permits them to cast a broad net and interact with their aimed audience. The latter typically comprises of cryptocurrency enthusiasts searching for prospects to earn profits.

Users get a stimulus to enroll, attracted by the assurance of receiving crypto benefits valued at hundreds of dollars, all free of charge. 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

Users who demonstrate interest check out Mesaxbit.com via links included in ads or robotic posts. The website employs captivating visuals, design elements that appear genuine, and assertions of having a official license, all aimed to convey an initial image of trustworthiness.

Step 3: Data Gathering

To claim their benefits, users need to actively sign up on Mesaxbit and get prompts to submit sensitive and private data during the registration procedure. This includes linking their cryptocurrency wallets, sharing email addresses, giving phone numbers, furnishing identification documents, and more.

Step 4: Requesting funds

Once signed up, users witness significant amounts of cryptocurrency, valued at thousands of dollars, within their Mesaxbit wallets. However, as is typical with such incentives, you are unable to withdraw them before making a deposit. Normally, a funds transfer of $100 is required to withdraw the sign-up bonus. This prerequisite serves as the trap that eventually results to the money loss.

Step 5: Disappear

The instant the deposit is made, the deceivers cease all interaction. They move forward to bar users, delete accounts, and vanish with both the submitted capital and essential personal data. The fictitious prizes continue to be perpetually uncredited, as they lack genuine existence. They operate purely as a phishing ploy. This technique forms the foundation for the fraudsters’ ability to deceive victims and misappropriate hard-earned funds through their double-dealing internet-based crypto fraud.

Signs of Scam

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

• Unsubstantiated Credibility. Mesaxbit 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%, Mesaxbit exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Mesaxbit as a scam.
• Dubious Corporate Information. Mesaxbit 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. Mesaxbit.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. Mesaxbit 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 Mesaxbit 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, scoundrels may contact you with particular documents. Alternatively, they may propose you to set up “cryptocurrency wallet applications” or “browser extensions” to simplify access to your crypto savings. As we earlier figured out, these deceivers have no intention of restoring your money. So, what do these email messages and browser extensions represent? You guessed it right – this is another side of the scam designed to entice you into deliberately running harmful software onto your system.

Both add-ons and attachments added to emails can function as a carrier for diverse malware. In this situation, I expect the presence of spyware and stealers among other kinds of malicious programs. While it is not obligatory for scammers to distribute malware, the likelihood is always greater than zero. As noted, their conscience is of no concern, and their dignity is already seriously marred. They have nothing to lose and aim 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 Mesaxbit

Name: Mesaxbit

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