Recently, Seedify-fundnft-project.pages.dev site popped up, promoting itself as a platform to store cryptocurrency and other assets securely. I managed to gather reliable supporting information that unmistakably indicates it is, in truth, a fraudulent site.
Despite the promises of the most easy, reliable, and customer-centric service, Seedify-fundnft-project.pages.dev does not fulfill any of them. In fact, all this is just a gilded wrap around a clear scam, which steals your money and data and never gives them back. Any tales about bonuses, sponsorship from celebrities etc are nowhere to be found as well.
SingularityNET (AGIX) Minting Scam Overview
Originally, SingularityNET (AGIX) Minting poses as a crypto trading & cryptowallet platform with exceptionally low commission fees. Another notable marketing point for this site is partnerships with celebrities that are known as crypto activists. Vitalii Buterin (Ethereum creator), Elon Musk, Jeff Bezos, Bill Gates, Warren Buffet – the site claims having significant support from them. To make these claims look real, con actors use AI-generated videos where those celebrities promote the fraud as if it was the best thing in the world. Obviously, Elon Musk is the most common choise for that. But, as I said in the introduction, all this is just a vivid wrap around an obvious scam.
SingularityNET (AGIX) Minting Scam
To begin with, SingularityNET (AGIX) Minting repeats the layout of many similar websites. There are quite a few examples, like Fenticoin, Mostbwin or Mirnj. They are totally identical in terms of graphic elements, with small discrepancies in the webpage header. Other particulars, and sometimes even crypto wallet addresses, are matching. Presumably, all these fraudulent websites are managed by the same team of frauds.
Cryptocurrency Scam Summary
| Website | Seedify-fundnft-project.pages.dev |
| Hosting | AS13335 Cloudflare, Inc. United States, San Francisco |
| IP Address | 104.21.112.1 |
| Threat Type | Scam/Fraud |
| Scam Type | Fraudulent offers of cryptocurrency services |
How the SingularityNET (AGIX) Minting Scam Works?
SingularityNET (AGIX) Minting is a part of a large cryptocurrency scam scheme that started circulating vividly in 2023. Scammers who stand behind it use several website designs, which still share the same overall layout. Another mutual element are the ways the scams like NAME are promoted, and the manner all this ends up to the victim of the scam. To reach peak efficiency, frauds apply complex psychological tricks that make the user believe in the legitimacy of the website. But let’s review them one by one.
Step 1: Promotion
To start the fraud, criminals establish and fill accounts on well-liked social media platforms. They primarily focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign begins. Utilizing bots and paid promotions (when feasible), fraud actors boost the presence of their fraudulent activities to possible victims. And as I said, fraudsters do not shy away using deepfake for creating clips with the mentioned celebs that advertise their scam to the public. To boost the folks even more, swindlers claim the bonus for every user who joins the service immediately.
Promotions of cryptoscams like SingularityNET (AGIX) Minting in TikTok. Most of these videos are AI-generated deepfakes
Step 2: Gaining Traffic
Upon following the promotions, targets end up on a page filled with enticing offers. “Crypto starts with SingularityNET (AGIX) Minting”, “Your crypto savings are secured with SingularityNET (AGIX) Minting, “Start earning with SingularityNET (AGIX) Minting – they look rather authoritative. To heat up the interest and make the users proceed to step 3, fraudsters say that obtaining the promoted bonus requires registration. And as nothing questionable happens at this point, unaware users happily proceed – especially since the reward appears to be right behind the corner.
At this point, it is possible to steer away from the scam without any losses. Before you sign up using your personal info, rascals will not be able to earn even a penny from your presence on the website.
Step 3: Data Gathering
This is where the main fraud action begins. As I just said, scammers bait folks for registration with bonuses. And all the personal data needed for it – email, username, crypto wallet address – is valuable for user identification. Solely by gathering this info and selling it further into the Darknet, swindlers can earn quite a penny. Nonetheless, their plans go much further.
As it turns out, the alleged bonus is not available for withdrawal right away. To make at least crypto purchases on the platform with it, the user should top up the account with the equivalent sum. At this point, the final stage of the scam kicks in.
Step 4: Requesting funds
It is obvious that any crypto purchases require you to have capital on your account. With SingularityNET (AGIX) Minting, users are also compelled to top up to use the bonuses. And these top ups is what creates most of the money flow to this scam website. By topping up the account, users hope to get the pledged gift (usually $500-1000 in USDT), and may start engaging on this site hoping to use all the transferred capital and withdraw them.
This is where the problems start to surface. When keeping an eye on the real cryptocurrency wallet vs what the website says, you can spot that no transactions are done whatsoever. And then, when you’d try to pull out the money from your account, the scam is finally uncovered to the user.
Step 5: Escaping from Funds Withdrawal
Needless to say that scoundrels have zero intentions to give your money back. Though to make the fraud look more legitimate, they’ve developed a whole pack of reasons to decline the wireout request. Most of them repeat what KYC requirements say, but for the Seedify-fundnft-project.pages.dev they are here only to make the withdrawal impossible.
By asking for your personal data, deceivers just stall hoping for you to understand that you’ve been scammed and stop contacting them. If you don’t – well, there are numerous other checks you should go through before getting your grand back. And each of these checks will share more and more info of yours, which – you guessed it right – will be then marketed on the Darknet. Never reveal your real info to strangers!
Signs of Scam
I gathered several facts that point at the scammy nature of the Seedify-fundnft-project.pages.dev. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.
- Unsubstantiated Credibility. SingularityNET (AGIX) Minting 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%, SingularityNET (AGIX) Minting exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying SingularityNET (AGIX) Minting as a scam.
- Dubious Corporate Information. SingularityNET (AGIX) Minting 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. Seedify-fundnft-project.pages.dev 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. SingularityNET (AGIX) Minting 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 SingularityNET (AGIX) Minting 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 scam, fraudsters may get in touch with you with specific files. Alternatively, they may suggest you to install “cryptocurrency wallet applications” or “browser extensions” to simplify access to your cryptocurrency funds. As we earlier determined, these scammers have no intent of returning your capital. So, what can these emails and browser add-ons represent? You guessed – this is another element of the scam designed to throw you into deliberately running harmful programs onto your computer.
Both plugins and files added to email messages can act as a shell for various malicious code. In this scenario, I foresee the presence of spyware and stealers among other types of malicious programs. While it is not mandatory for scammers to distribute malware, the chance is always existent. As previously mentioned, their morality is of negligible importance, and their dignity is already deeply compromised. They have no scruples to give up and strive to boost gains.
