Xemtruck Reviewed: Real Deal or Total Ripoff? Read This First

Recently, Xemtruck.com site popped up, promoting itself as a place where you can safely keep cryptocurrency and other assets. I managed to gather reliable evidence that unmistakably indicates it is, in fact, a deceptive platform.

Contrary to the assertions of Xemtruck.com, they won’t ever pay off your money. Despite the money displayed in the “member area”, there is absolutely no means to withdraw even a cent. All promises regarding crypto bonuses are hollow as well.

It is better to prevent, than repair and repent!

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Xemtruck Scam Overview

The key offering that Xemtruck attempts to provide is a protected and convenient crypto wallet service. The site promises crypto exchange facilities, tools for managing wallets, transfers, dashboards, and the like. In reality, they aim to emulate the functionality of a crypto exchange, like Binance or Coinbase. However, it in actuality exclusively serves as a shell intended to lull the vigilance.

Xemtruck Scam

Initially, Xemtruck mimics the design of multiple equivalent online platforms. There are quite a few examples, like Bithels, Bitxorex or Bykamin. They are totally indistinguishable in terms of graphic elements, with small discrepancies in the website header. Other particulars, and at times even crypto wallet addresses, are the same. Presumably, all these fraudulent sites are operated by the same group of scoundrels.

Cryptocurrency Scam Summary

How the Xemtruck Scam Works?

Xemtruck is yet another website within a extensive network of associated crypto fraudulent webpages. The managers employ various brand titles and websites, like Xemtruck.com, to ensnare victims. However, these fraudulent sites possess identical website designs, terms of service, and About content. This unveils their beginnings as components of the equal criminal network, which promotes the similar mode of scam under diverse covers. The deceivers just duplicate the identical scam website under various names to mislead users into believing they are participating in a new venture. However, in actuality, it’s the identical group of swindlers orchestrating the deceptive promises and undertakings to take deposited funds. The operators shrewdly utilize psychological strategies and appealing propositions to carry out their dishonest schemes.

Step 1: Spreading

To begin the deceptive scheme, criminals create and fill accounts on well-liked social media platforms. They primarily focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign begins. Using bots and paid promotions (when possible), scam actors intensify the exposure of their deceptive activities to possible victims. This tactic permits them to cast a wide net and interact with their targeted viewers. The latter commonly consists of cryptocurrency fans seeking chances to generate profits.

Users get a stimulus to enroll, drawn by the commitment of receiving crypto prizes valued at hundreds of dollars, all for free. To augment the appeal of the offer, false claims of sponsorship by a celebrity are incorporated. As you may guess, these claims are entirely baseless.

Step 2: Gaining Traffic

People who show interest check out Xemtruck.com via links featured in promotions or bot-generated posts. The website uses captivating visuals, design aspects that appear authentic, and claims of having a official license, all intended to convey an initial impression of credibility.

Step 3: Data Gathering

To collect their rewards, users must proactively sign up on Xemtruck and receive guidance to provide sensitive and private data during the registration process. This includes linking their cryptocurrency wallets, sharing email addresses, specifying phone numbers, sending in identification papers, and the like.

Step 4: Requesting funds

Once signed up, users notice considerable amounts of cryptocurrency, valued at thousands of dollars, within their Xemtruck wallets. Nonetheless, as it usually happens with such bonuses, you are unable to withdraw them ahead of topping up your account. Normally, a funds transfer of $100 is required to access the sign-up bonus. This prerequisite serves as the trap that eventually culminates to the money loss.

Step 5: Disappear

The moment the deposit is submitted, the deceivers cease all interaction. They proceed to block users, delete accounts, and disappear with both the submitted capital and critical individual information. The fictitious benefits persist perpetually uncredited, as they lack real existence. They function exclusively as a phishing strategy. This method forms the foundation for the fraudsters’ ability to deceive victims and embezzle hard-earned earnings through their double-dealing internet-based crypto scheme.

Signs of Scam

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

• Absent company details. Xemtruck 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 Xemtruck 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 Xemtruck, 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 Xemtruck is a definite scam.

What Should I do as a Victim?

If you had to deal with Xemtruck 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.

• Immediate Reporting. Your initial step should involve promptly notifying local authorities specializing in financial fraud. Extend your reach by reaching out to wallet providers and engaging with social networks’ technical support teams. These actions serve to raise the bar for the scammers’ operations.
• Share among Friends. Amplify your efforts by informing your close friends about the scam. Similar to informing authorities, this dissemination of information restricts the scammers’ potential victim pool.
• Preserve Crucial Information. Compile a comprehensive evidence archive by capturing screenshots and archiving all relevant website-related data. Collect the website URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These records could provide vital clues for authorities in their pursuit of the scammers.
• Exploring Refund Options. While most banks’ refund policies may exclude cryptocurrency payments, it’s advisable to explore potential refund avenues under specific circumstances. Maintain hope until you obtain confirmation of the loss.
• Transform Loss into Knowledge. Turn your financial setback into an opportunity for growth. View your loss as an investment in understanding the strategies employed by crypto scam sites. Familiarize yourself with their telltale characteristics, the methods they employ to entice individuals, and the extravagant promises they make. Equipped with this insight, you’ll be well-prepared to spot and evade future traps without suffering additional 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 timeline of the scam, scoundrels may get in touch with you with particular files. Alternatively, they may offer you to install “cryptocurrency wallet applications” or “browser extensions” to facilitate access to your crypto funds. As we already figured out, these rascals have no plan of giving back your money. So, what can these emails and browser plugins represent? You guessed it right – that is another element of the deceptive plan designed to throw you into deliberately running destructive software onto your system.

Both extensions and files added to emails can function as a carrier for different malicious software. In this case, I expect the presence of spyware and stealers among all forms of malware. While it is not mandatory for scammers to distribute malware, the likelihood is always existent. As previously mentioned, their morality is of negligible importance, and their dignity is already seriously marred. They have no scruples to lose and strive to maximize gains.

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.

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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 Xemtruck

Name: Xemtruck

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