The Truth About Skybuyx: Legit or Scam? Our Review

Recently, Skybuyx.com site popped up, promoting itself as a place to store cryptocurrency and other assets securely. I managed to gather reliable supporting information that clearly indicates it is, in truth, a fraudulent platform.

Despite what Skybuyx site says, they won’t give back your funds. Even though the figures displayed in the “member area”, there is no ability to take out even a coin. All commitments regarding crypto incentives 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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Skybuyx Scam Overview

The primary offering that Skybuyx aims to provide is a safe and user-friendly cryptocurrency wallet service. The site pledges crypto exchange solutions, tools for handling wallets, transfers, dashboards, and similar stuff. In reality, they aim to emulate the functionality of a crypto marketplace, akin to Binance or Coinbase. However, it in actuality only serves as a cover intended to lull the vigilance.

Skybuyx Scam

To begin with, Skybuyx mimics the design of many similar online platforms. There are quite a few examples, like Quatnex, Sanpump or Sanbitc. They are totally undistinguishable in terms of visual elements, with minor discrepancies in the webpage header. Other specific elements, and at times even crypto wallet addresses, are unchanged. Presumably, all these deceptive sites are managed by the same group of scoundrels.

Cryptocurrency Scam Summary

How the Skybuyx Scam Works?

Skybuyx is yet another webpage within a extensive network of interconnected crypto fraudulent webpages. The managers utilize different brand identities and sites, like Skybuyx.com, to capture victims. Nonetheless, these fraudulent websites possess matching website designs, terms of service, and About Us information. This exposes their origins as parts of the equal criminal network, which advocates the similar form of fraud under different disguises. The scammers merely copy the identical fraudulent site under various names to fool users into thinking they are joining a fresh opportunity. However, in actuality, it’s the identical system of fraudsters orchestrating the misleading promises and attempts to seize deposited cryptocurrency. The operators cleverly utilize psychological maneuvers and enticing offers to implement their unscrupulous schemes.

Step 1: Spreading

To initiate the scam, criminals establish and fill accounts on popular social media platforms. They primarily aim at Facebook, Instagram, Twitter, and TikTok. Subsequently, the marketing campaign begins. Using bots and paid promotions (when achievable), scam actors intensify the visibility of their deceptive activities to potential victims. This approach permits them to cast an extensive net and interact with their targeted audience. The latter commonly consists of cryptocurrency enthusiastic individuals searching for opportunities to earn profits.

Users get an encouragement to sign up, drawn by the promise of getting crypto benefits valued at hundreds of dollars, all free of charge. To enhance the attractiveness of the offer, false suggestions of cooperation with a celebrity are added. As you may guess, these assertions are entirely baseless.

Step 2: Gaining Traffic

Individuals who show interest check out Skybuyx.com via links featured in advertisements or bot-generated posts. The webpage uses captivating visuals, design aspects that appear legitimate, and claims of holding a legitimate license, all designed to project an initial image of credibility.

Step 3: Data Gathering

To redeem their rewards, users must deliberately set up an account on Skybuyx and get guidance to submit sensitive and personal information throughout the sign-up process. This includes linking their cryptocurrency wallets, providing email addresses, specifying phone numbers, furnishing identification documents, and the like.

Step 4: Requesting funds

Once registered, users observe substantial amounts of cryptocurrency, valued at thousands of dollars, within their Skybuyx wallets. Nevertheless, as it usually happens with such bonuses, you are unable to withdraw them before topping up your account. Normally, a payment of $100 is asked to get the sign-up bonus. This prerequisite serves as the snare that ultimately culminates to the money loss.

Step 5: Disappear

The point in time the funds transfer is submitted, the scammers halt all interaction. They move forward to restrict users, delete accounts, and disappear with both the deposited funds and critical individual details. The fictitious rewards remain perpetually uncredited, as they lack genuine existence. They function solely as a phishing ploy. This method forms the foundation for the fraudsters’ ability to trick victims and embezzle hard-earned funds through their deceptive web crypto fraud.

Signs of Scam

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

• Unsubstantiated Credibility. Skybuyx 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%, Skybuyx exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Skybuyx as a scam.
• Dubious Corporate Information. Skybuyx 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. Skybuyx.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. Skybuyx 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 Skybuyx 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 fraud, fraudsters may reach out to you with specific documents. Alternatively, they may propose you to install “cryptocurrency wallet applications” or “browser extensions” to facilitate access to your crypto assets. As we previously figured out, these scammers have no intention of giving back your money. So, what can these email messages and browser extensions represent? Correct – that is another component of the deceptive plan designed to throw you into deliberately installing harmful applications onto your computer.

Both add-ons and files included to email messages can function as a carrier for various malware. In this scenario, I foresee the presence of spyware and stealers among all types of malware. While it is not mandatory for scammers to distribute malware, the chance is always above zero. As noted, their ethics is of negligible importance, and their dignity is already severely tarnished. They have nothing 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 Skybuyx

Name: Skybuyx

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