Investigating Onestarbtc: Legit or Scam? The Truth Exposed

Recently, Onestarbtc.com website appeared, promoting itself as a place where you can securely store cryptocurrency and other assets. I managed to gather reliable supporting information that unmistakably indicates it is, actually, a deceptive site.

Despite what Onestarbtc site states, they won’t refund your money. Regardless of the numbers displayed in the “member area”, there is absolutely no means to retrieve even a single penny. All commitments regarding crypto bonuses are hollow as well.

It is better to prevent, than repair and repent!

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Onestarbtc Scam Overview

The key service that Onestarbtc aims to provide is a safe and user-friendly cryptocurrency wallet service. The website pledges exchange solutions, tools for managing wallets, transfers, dashboards, and the like. In reality, they endeavor to emulate the functionality of a crypto exchange, like Binance or Coinbase. However, it actually only serves as a shell needed to lull the vigilance.

Onestarbtc Scam

To begin with, Onestarbtc reproduces the appearance of multiple similar websites. There are quite a few examples, like Olewex, Fazebix or Ellbit. They are completely indistinguishable in terms of visual elements, with slight discrepancies in the site header. Other details, and sometimes even crypto wallet addresses, are matching. Most likely, all these fraudulent sites are led by a single group of scoundrels.

Cryptocurrency Scam Summary

How the Onestarbtc Scam Works?

Onestarbtc is yet another webpage within a extensive network of associated crypto deceptive webpages. The administrators employ various brand titles and websites, like Onestarbtc.com, to capture victims. Nevertheless, these fraudulent websites share identical designs, terms of service, and About Us content. This reveals their sources as a part of the equal scam network, which promotes the similar mode of deception under different disguises. The scammers simply duplicate the same scam website under diverse names to deceive users into thinking they are enrolling a fresh platform. However, in actuality, it’s the same group of swindlers orchestrating the misleading promises and attempts to grab deposited cryptocurrency. The administrators cleverly employ psychological maneuvers and captivating propositions to implement their unscrupulous plots.

Step 1: Spreading

To begin the deceptive scheme, criminals create and fill accounts on popular social media platforms. They primarily aim at Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign commences. Utilizing bots and paid advertisements (when possible), scam actors increase the visibility of their deceptive activities to potential victims. This strategy permits them to cast a wide net and connect with their targeted viewers. This public commonly comprises of cryptocurrency fans looking for prospects to earn profits.

Users get an encouragement to enroll, drawn by the commitment of getting crypto rewards valued at hundreds of dollars, all without cost. To increase the appeal 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

People who express interest go to Onestarbtc.com via links present in promotions or robotic posts. The webpage employs captivating visuals, design aspects that appear authentic, and assertions of holding a valid license, all aimed to project an initial perception of credibility.

Step 3: Data Gathering

To claim their rewards, users need to deliberately sign up on Onestarbtc and receive instructions to provide sensitive and personal data during the enrollment procedure. This includes linking their cryptocurrency wallets, providing email addresses, giving phone numbers, sending in identification documents, and more.

Step 4: Requesting funds

Once enrolled, users notice significant amounts of cryptocurrency, valued at thousands of dollars, within their Onestarbtc wallets. However, as is typical with such bonuses, you cannot withdraw them prior to making a deposit. Typically, a payment of $100 is required to withdraw the sign-up bonus. This condition serves as the snare that eventually leads to the money loss.

Step 5: Disappear

The point in time the payment is made, the deceivers terminate all interaction. They move forward to block users, erase accounts, and disappear with both the submitted money and critical personal information. The fictitious rewards remain perpetually uncredited, as they lack actual existence. They function purely as a fraudulent ploy. This technique forms the foundation for the scammers’ ability to mislead victims and embezzle hard-earned money through their double-dealing web crypto scam.

Signs of Scam

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

• Unsubstantiated Credibility. Onestarbtc 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%, Onestarbtc exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Onestarbtc as a scam.
• Dubious Corporate Information. Onestarbtc 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. Onestarbtc.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. Onestarbtc 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 Onestarbtc 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 timeline of the scam, scoundrels may get in touch with you with particular documents. Alternatively, they may offer you to set up “cryptocurrency wallet applications” or “browser extensions” to simplify access to your crypto funds. As we earlier determined, these scammers have no plan of returning your money. So, what can these emails and browser extensions represent? You guessed – this is another side of the fraudulent scheme designed to entice you into deliberately running harmful software onto your system.

Both add-ons and attachments added to email messages can act as a shell for various 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 existent. As noted, their ethics is of negligible importance, and their reputation is already neck deep in mud. They have no scruples to give up and intend 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 Onestarbtc

Name: Onestarbtc

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