We Looked at the Evidence: Is Wonkep Legit or Scam?

Recently, Wonkep.com website appeared, promoting itself as a place to keep cryptocurrency and other assets securely. I managed to gather reliable supporting information that unmistakably confirms it is, actually, a scam service.

Despite what Wonkep site says, they will never return your funds. Regardless of the numbers displayed in the “member area”, there is zero way to withdraw even a single penny. All promises regarding crypto bonuses are hollow as well.

Wonkep Scam Overview

The main feature that Wonkep attempts to provide is a safe and convenient cryptocurrency wallet service. The website pledges crypto exchange facilities, tools for managing wallets, transfers, dashboards, and similar stuff. In reality, they endeavor to emulate the functionality of a crypto marketplace, akin to Binance or Coinbase. However, it actually only serves as a shell needed to mislead the cautious.

Wonkep Scam

To begin with, Wonkep imitates the appearance of many equivalent online platforms. There are quite a few examples, like Winenex, Wexuni or Teslaxit. They are entirely indistinguishable in terms of visual elements, with minor discrepancies in the webpage header. Other details, and at times even crypto wallet addresses, are identical. Most likely, all these fraudulent online platforms are operated by a single gang of scammers.

Cryptocurrency Scam Summary

How the Wonkep Scam Works?

Wonkep is yet another webpage within a vast network of linked crypto deceptive webpages. The managers employ different brand titles and websites, like Wonkep.com, to ensnare victims. Nevertheless, these fraudulent websites have in common identical website designs, terms of service, and About information. This unveils their sources as a part of the same scam network, which promotes the similar type of fraud under diverse covers. The deceivers simply replicate the equal scam site under various names to mislead users into assuming they are joining a fresh venture. However, in reality, it’s the identical group of scammers orchestrating the deceptive pledges and undertakings to seize deposited money. The managers skillfully employ psychological strategies and captivating invitations to execute their dishonest plans.

Step 1: Spreading

To initiate the fraud, criminals set up and fill accounts on popular social media platforms. They mainly focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign commences. Utilizing bots and paid advertisements (when possible), scam actors intensify the exposure of their deceptive activities to possible victims. This strategy enables them to create a wide net and connect with their aimed audience. This group commonly comprises of cryptocurrency fans searching for chances to generate profits.

Step 2: Gaining Traffic

Users who show interest go to Wonkep.com via links featured in ads or robotic posts. The website employs captivating visuals, design elements that appear authentic, and assertions of holding a legitimate license, all intended to convey an initial impression of trustworthiness.

Step 3: Data Gathering

To claim their prizes, users need to actively sign up on Wonkep and receive instructions to provide sensitive and personal information throughout the enrollment process. This comprises linking their cryptocurrency wallets, providing email addresses, specifying phone numbers, submitting identification papers, and more.

Step 4: Requesting funds

Once enrolled, users observe significant amounts of cryptocurrency, valued at thousands of dollars, within their Wonkep wallets. Nonetheless, as is standard with such rewards, you are unable to withdraw them ahead of making a deposit. Typically, a deposit of $100 is asked to access the sign-up bonus. This prerequisite serves as the trap that ultimately culminates to the money loss.

Step 5: Disappear

The point in time the payment is submitted, the scammers terminate all communication. They go ahead to bar users, remove accounts, and vanish with both the submitted capital and essential private information. The fictitious prizes continue to be perpetually uncredited, as they lack real existence. They act exclusively as a deceptive ploy. This approach forms the foundation for the deceivers’ ability to mislead 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 Wonkep.com. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.

• Absent company details. Wonkep does not provide any documentation about its ownership, location or registration. No legitimate contact details are given either. Moreover, it appears that the domain and all social network pages were registered quite recently.
• Fake sponsorship from a celebrity. Scams like Wonkep like to pick a celebrity as a sponsor of this entire campaign. For obvious reasons, fraudsters generally choose Elon Musk, Jeff Bezos, Mr. Beast, Mark Zuckerberg, and similar celebrities. They do not disdain claiming partnership with a company as well. Even though Coinbase, Binance or MetaMask never heard of Wonkep, they do not care – this creates a halo of credibility.
• Potential Ponzi Scheme. The scam relies on a Ponzi-like referral system to spread reach through social media. In fact, only the first members will receive the payoff, at the cost of the money brought by other members.
• Hype without facts. Frauds can cheer up their victims from time to time, using claims about non-existent events. “We got contracts with Coinbase”, “Elon Musk mentioned us as the most prolific crypto project” – you could likely hear something like that. This is made to make people believe in their money return. This can be the sauce to make people top-up their accounts once again.
• Crypto-only incoming payments. Whether the user tries to top-up the account, hackers will only accept payments in crypto – no bank transfers or other payment methods. Such an approach completely hides the identity of the company and deprives you of the ability to ask for a refund.
• Claims are too good to be true. Let’s be sane and sober: even in crypto space, there are not many places where you can earn 50-100-200%. Being able to participate in all of them is nearly impossible, as well as it is impossible to insure or hedge all the risks. Even by that reason alone I can tell that the Wonkep is a definite scam.

What Should I do as a Victim?

If you had to deal with Wonkep 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 duration of the scam, its actors may contact you with particular files. Alternatively, they may suggest you to deploy “cryptocurrency wallet applications” or “browser extensions” to facilitate access to your crypto assets. As we earlier determined, these deceivers have no intent of returning your money. So, what do these email messages and browser add-ons represent? Correct – that is another element of the scam designed to throw you into willingly installing harmful applications onto your computer.

Both add-ons and attachments added to email messages can act as a shell for diverse malicious code. In this situation, I foresee the presence of spyware and stealers among all forms of malicious programs. While it is not obligatory for scammers to distribute malware, the probability is always existent. As stated, their conscience is of no concern, and their reputation is already deeply compromised. They have no scruples to give up and intend to maximize gains.

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