The Truth About Wignex: Legit or Scam? Our Review

Recently, Wignex.com website surfaced, promoting itself as a platform to keep cryptocurrency and other assets securely. I managed to gather credible proof that unmistakably indicates it is, in truth, a scam service.

Contrary to the statements of Wignex.com, they won’t ever give back your capital. Even though the numbers displayed in the “member area”, there is absolutely no way to retrieve even a coin. 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.

DOWNLOAD NOW

Gridinsoft Anti-Malware 6-day trial available.
EULA | Privacy Policy | 10% Off Coupon

Subscribe to our Telegram channel to be the first to know about news and our exclusive materials on information security.

Wignex Scam Overview

The main offering that Wignex attempts to provide is a secure and convenient cryptocurrency wallet service. The site promises crypto exchange facilities, tools for handling wallets, transfers, dashboards, and similar functions. In reality, they try to emulate the functionality of a crypto trading platform, like Binance or Coinbase. However, it in actuality solely serves as a cover intended to lull the vigilance.

Wignex Scam

First and foremost, Wignex imitates the design of many similar websites. There are quite a few examples, like Foxonex, Fluwon or Exdep. They are completely indistinguishable in terms of graphic elements, with minor discrepancies in the website header. Other details, and sometimes even crypto wallet addresses, are matching. Presumably, all these fraudulent online platforms are operated by the same gang of scammers.

Cryptocurrency Scam Summary

How the Wignex Scam Works?

Wignex is yet another webpage within a wide-ranging network of interconnected crypto fraudulent platforms. The managers employ diverse brand names and sites, like Wignex.com, to trap victims. However, these fraudulent websites share the same designs, terms of service, and About Us content. This unveils their sources as components of the equal fraudulent network, which advocates the similar form of fraud under different covers. The deceivers just copy the equal fraudulent site under different names to mislead users into assuming they are joining a fresh venture. However, in actuality, it’s the equal group of scammers orchestrating the misleading pledges and efforts to grab deposited money. The administrators skillfully employ psychological strategies and captivating offers to execute their deceitful plots.

Step 1: Spreading

To initiate the scam, criminals create and fill accounts on well-liked social media platforms. They generally target Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign starts. Using bots and sponsored promotions (when feasible), scam actors increase the visibility of their scam activities to potential victims. This strategy permits them to create a wide net and interact with their focused viewers. The latter commonly comprises of cryptocurrency fans seeking chances to generate profits.

Users obtain an encouragement to sign up, enticed by the promise of getting crypto rewards valued at hundreds of dollars, all without cost. To augment the attractiveness of the offer, false suggestions of sponsorship by a celebrity are incorporated. As you may guess, these assertions are entirely baseless.

Step 2: Gaining Traffic

Individuals who demonstrate interest check out Wignex.com via links present in advertisements or bot-generated posts. The webpage utilizes captivating visuals, design features that appear authentic, and assertions of holding a valid license, all intended to project an initial image of credibility.

Step 3: Data Gathering

To claim their prizes, users are required to proactively sign up on Wignex and get prompts to provide sensitive and private information during the enrollment procedure. This includes linking their cryptocurrency wallets, revealing email addresses, supplying phone numbers, sending in identification papers, and more.

Step 4: Requesting funds

Once enrolled, users notice significant amounts of cryptocurrency, valued at hundreds of dollars, within their Wignex wallets. Nevertheless, as it usually happens with such rewards, you are unable to withdraw them ahead of making a deposit. Typically, a funds transfer of $100 is required to withdraw the sign-up bonus. This condition serves as the trap that eventually results to the money loss.

Step 5: Disappear

The point in time the deposit is made, the deceivers terminate all contact. They move forward to restrict users, erase accounts, and vanish with both the submitted capital and essential individual information. The phony prizes persist perpetually uncredited, as they lack genuine existence. They function exclusively as a deceptive ploy. This technique forms the foundation for the scammers’ ability to deceive victims and misappropriate hard-earned money through their duplicative web crypto scheme.

Signs of Scam

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

• Cryptocurrency-Only Transactions. Wignex.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. Wignex 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. Wignex 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. Wignex 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%, Wignex capitalizes on the desire for high profits. However, the tumultuous nature of the cryptocurrency market renders such gains implausible, solidifying Wignex.com as a definite scam.

What Should I do as a Victim?

If you had to deal with Wignex 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, fraudsters may reach out to you with particular documents. Alternatively, they may offer you to install “cryptocurrency wallet applications” or “browser extensions” to streamline access to your cryptocurrency assets. As we previously figured out, these scammers have no plan of restoring your capital. So, what can these email messages and browser extensions represent? Correct – this is another component of the fraudulent scheme designed to throw you into willingly installing destructive applications onto your device.

Both add-ons and files attached to emails can serve as a shell for different malicious software. In this scenario, I anticipate the presence of spyware and stealers among all types of malware. While it is not mandatory for scammers to distribute malware, the likelihood is always significant. As previously mentioned, their conscience is of little concern, and their dignity is already deeply compromised. They have no principles to give up and intend to maximize profits.

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 Wignex

Name: Wignex

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Wignex, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Wignex scam, techniques for recognizing it, and, most crucially, ways to evade becoming a victim.

Operating System: All

Application Category: Crypto Scams

Sending

User Review

3.25 (4 votes)

Comments Rating 0 (0 reviews)