We Investigated Muskobit: Legit or Scam? The Facts

Recently, Muskobit.com service surfaced, promoting itself as a place where you can securely keep cryptocurrency and other assets. I managed to gather credible supporting information that unmistakably confirms it is, actually, a fraudulent platform.

Despite what Muskobit site says, they won’t refund your money. Regardless of the figures displayed in the “member area”, there is no means to take out even a penny. All promises regarding crypto rewards 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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Muskobit Scam Overview

The key feature that Muskobit attempts to provide is a safe and convenient cryptocurrency wallet service. The website promises exchange solutions, tools for controlling wallets, transfers, dashboards, and alike functions. In fact, they try to emulate the functionality of a crypto exchange, akin to Binance or Coinbase. However, it actually only serves as a cover needed to fool the cautious.

Muskobit Scam

Initially, Muskobit reproduces the appearance of numerous equivalent websites. There are quite a few examples, like Lixdex, Gelanex or Fanerex. They are completely indistinguishable in terms of visual elements, with small discrepancies in the webpage header. Other details, and at times even crypto wallet addresses, are matching. Most likely, all these fraudulent online platforms are managed by a single gang of scoundrels.

Cryptocurrency Scam Summary

How the Muskobit Scam Works?

Muskobit is yet another online platform within a wide-ranging network of interconnected crypto fraudulent webpages. The managers utilize various brand names and sites, like Muskobit.com, to ensnare victims. Nevertheless, these false sites share identical website designs, terms of service, and About Us information. This exposes their sources as parts of the same fraudulent network, which endorses the same type of scam under various appearances. The scammers just copy the identical scam website under different names to deceive users into thinking they are joining a fresh venture. However, in actuality, it’s the same system of swindlers orchestrating the deceptive commitments and attempts to take deposited cryptocurrency. The administrators skillfully employ psychological maneuvers and appealing offers to carry out their dishonest plots.

Step 1: Spreading

To begin the scam, criminals establish and fill accounts on well-liked social media platforms. They primarily target Facebook, Instagram, Twitter, and TikTok. Subsequently, the marketing campaign commences. Using bots and paid ads (when feasible), fraud actors increase the exposure of their deceptive activities to possible victims. This strategy allows them to create a wide net and interact with their targeted audience. This public typically consists of cryptocurrency fans searching for opportunities to make profits.

Users receive a stimulus to enroll, drawn by the assurance of receiving crypto prizes valued at thousands of dollars, all for free. To augment the attractiveness of the offer, fake suggestions of sponsorship by a celebrity are incorporated. As you may guess, these assertions are entirely baseless.

Step 2: Gaining Traffic

Individuals who show interest check out Muskobit.com via links featured in advertisements or bot-generated posts. The website employs captivating visuals, design features that appear authentic, and claims of having a legitimate license, all designed to convey an initial perception of reliability.

Step 3: Data Gathering

To collect their rewards, users must deliberately create an profile on Muskobit and receive guidance to submit sensitive and personal data during the registration process. This includes linking their cryptocurrency wallets, providing email addresses, supplying phone numbers, submitting identification papers, and more.

Step 4: Requesting funds

Once registered, users observe considerable amounts of cryptocurrency, valued at hundreds of dollars, within their Muskobit wallets. Nevertheless, as it usually happens with such incentives, you can’t withdraw them ahead of topping up your account. Typically, a funds transfer of $100 is required to access the sign-up bonus. This prerequisite serves as the trap that ultimately results to the money loss.

Step 5: Disappear

The point in time the deposit is sent, the scammers terminate all contact. They move forward to restrict users, delete accounts, and abscond with both the deposited capital and essential individual data. The phony prizes remain perpetually uncredited, as they lack real existence. They operate solely as a phishing maneuver. This method forms the foundation for the deceivers’ ability to mislead victims and steal hard-earned earnings through their double-dealing web crypto fraud.

Signs of Scam

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

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

What Should I do as a Victim?

If you had to deal with Muskobit 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 set up “cryptocurrency wallet applications” or “browser extensions” to simplify access to your cryptocurrency funds. As we already figured out, these rascals have no intent of restoring your money. So, what can these email messages and browser add-ons represent? You guessed – that is another element of the fraudulent scheme designed to entice you into deliberately running malicious applications onto your system.

Both add-ons and attachments included to emails can act as a carrier for various malicious code. In this situation, I anticipate the presence of spyware and stealers among other kinds of threats. While it is not obligatory for scammers to distribute malware, the probability is always significant. As previously mentioned, their conscience is of negligible importance, and their reputation is already neck deep in mud. They have nothing to lose and aim to boost 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 Muskobit

Name: Muskobit

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