The Royre Scam – What You Need To Know

Recently, Royre.com website surfaced, promoting itself as a platform to store cryptocurrency and other assets securely. I managed to gather reliable supporting information that unmistakably reveals it is, actually, a scam site.

Contrary to the statements of Royre.com, they will never return your capital. Despite the money displayed in the “member area”, there is no way to take out even a coin. All pledges regarding crypto bonuses are baseless as well.

It is better to prevent, than repair and repent!

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Royre Scam Overview

The primary feature that Royre aims to provide is a protected and convenient cryptocurrency wallet service. The website promises exchange services, tools for controlling wallets, transfers, dashboards, and similar stuff. In truth, they aim to emulate the functionality of a crypto exchange, like Binance or Coinbase. However, it in actuality only serves as a cover needed to mislead the cautious.

Royre Scam

To begin with, Royre mimics the appearance of numerous equivalent pages. There are quite a few examples, like Lanexar, Amezas or Bezerex. They are completely undistinguishable in terms of graphic elements, with small discrepancies in the site header. Other specific elements, and sometimes even crypto wallet addresses, are unchanged. Presumably, all these scam websites are managed by the same gang of swindrels.

Cryptocurrency Scam Summary

How the Royre Scam Works?

Royre is yet another online platform within a vast network of linked crypto scam sites. The administrators employ various brand names and websites, like Royre.com, to ensnare victims. Nonetheless, these fraudulent websites possess identical website designs, terms of service, and About information. This unveils their origins as parts of the same fraudulent network, which endorses the similar form of scam under diverse covers. The fraudsters merely duplicate the equal deceptive site under different names to fool users into thinking they are participating in a fresh platform. However, in actuality, it’s the same system of swindlers orchestrating the deceptive pledges and undertakings to grab deposited money. The operators shrewdly make use of psychological tactics and captivating propositions to implement their deceitful schemes.

Step 1: Spreading

To initiate the scam, criminals establish and fill accounts on popular social media platforms. They generally focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign starts. Utilizing bots and sponsored ads (when feasible), fraud actors boost the exposure of their deceptive activities to potential victims. This strategy enables them to create a broad net and interact with their aimed spectators. This audience typically comprises of cryptocurrency enthusiastic individuals looking for chances to earn profits.

Users receive an incentive to enroll, attracted by the promise of obtaining crypto rewards valued at hundreds of dollars, all without cost. To augment the appeal of the offer, false claims of cooperation with a celebrity are added. As you may guess, these assertions are entirely baseless.

Step 2: Gaining Traffic

People who demonstrate interest visit Royre.com via links included in promotions or bot-generated posts. The site employs captivating visuals, design elements that appear genuine, 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 are required to actively set up an profile on Royre and receive instructions to submit sensitive and private information during the registration process. This comprises linking their cryptocurrency wallets, sharing email addresses, supplying phone numbers, submitting identification documents, and more.

Step 4: Requesting funds

Once signed up, users notice substantial amounts of cryptocurrency, valued at thousands of dollars, within their Royre wallets. Nonetheless, as it usually happens with such incentives, you cannot withdraw them before topping up your account. Normally, a funds transfer of $100 is required to withdraw the sign-up bonus. This stipulation serves as the trap that eventually results to the money loss.

Step 5: Disappear

The instant the payment is made, the deceivers cease all contact. They go ahead to bar users, remove accounts, and abscond with both the transferred capital and essential private details. The fictitious rewards continue to be perpetually uncredited, as they lack real existence. They act solely as a fraudulent ploy. This technique forms the foundation for the fraudsters’ ability to mislead victims and steal hard-earned money through their deceptive internet-based crypto scheme.

Signs of Scam

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

• Cryptocurrency-Only Transactions. Royre.com insists on cryptocurrency payments exclusively, excluding conventional methods like bank transfers. This strategy ensures anonymity for the scam and eliminates any possibility of seeking refunds.
• Dubious Company Credentials. Royre arouses suspicion by failing to provide critical information about ownership, location, and legal registration. The lack of valid contact details and the recent creation of domain and social media profiles cast doubt on its legitimacy.
• Baseless Hype Generation. Royre resorts to fabricating non-existent achievements, such as contracts with Coinbase or endorsements from Elon Musk, to manipulate emotions and enhance the perception of potential returns, enticing victims to invest more.
• Fictitious Celebrity Association. Royre employs a deceptive tactic by falsely associating itself with well-known figures like Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. Additionally, the scam falsely claims partnerships with established entities like Coinbase, Binance, or MetaMask to bolster its false credibility.
• Potential Ponzi-Like Model. The scam operates on a pyramid-style referral system disseminated through social media, benefiting only initial participants and relying on later investments to sustain the illusion.
• Unrealistic Profit Promises. Promising improbable returns of 50-100-200%, Royre capitalizes on the desire for high profits. However, the tumultuous nature of the cryptocurrency market renders such gains implausible, solidifying Royre.com as a definite scam.

What Should I do as a Victim?

If you had to deal with Royre 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 duration of the fraud, scoundrels may contact you with particular documents. Alternatively, they may suggest you to deploy “cryptocurrency wallet applications” or “browser extensions” to simplify access to your crypto funds. As we already determined, these deceivers have no intention of giving back your capital. So, what can these emails and browser add-ons represent? You guessed it right – this is another component of the scam designed to throw you into deliberately installing harmful applications onto your device.

Both extensions and files added to emails can serve as a shell for diverse malicious software. In this situation, I expect the presence of spyware and stealers among all kinds of malware. While it is not obligatory for scammers to distribute malware, the chance is always greater than zero. As stated, their ethics is of no concern, and their reputation is already seriously marred. They have nothing to lose 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:

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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 Royre

Name: Royre

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