Recently, Zesisbit.com website appeared, promoting itself as a platform where you can safely keep cryptocurrency and other assets. I managed to gather reliable supporting information that unmistakably reveals it is, actually, a deceptive site.
Despite what Zesisbit site says, they won’t ever give back your capital. Despite the figures displayed in the “member area”, there is no way to retrieve even a coin. All pledges regarding crypto bonuses are empty as well.
Zesisbit Scam Overview
The key service that Zesisbit attempts to provide is a safe and convenient cryptocurrency wallet service. The site pledges crypto exchange services, 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 in actuality only serves as a cover needed to mislead the cautious.
First and foremost, Zesisbit mimics the design of multiple equivalent pages. There are quite a few examples, like Marsbitex, Xobeast or Exbityx. They are totally undistinguishable in terms of graphic elements, with minor discrepancies in the webpage header. Other details, and at times even crypto wallet addresses, are identical. Most likely, all these scam websites are operated by a single team of fraudsters.
Cryptocurrency Scam Summary
| Website | Zesisbit.com |
| Hosting | AS13335 Cloudflare, Inc. United States, San Francisco |
| IP Address | 188.114.97.3 |
| Threat Type | Scam/Fraud |
| Scam Type | Fraudulent offers of cryptocurrency services |
How the Zesisbit Scam Works?
Zesisbit is yet another webpage within a extensive network of linked crypto fraudulent webpages. The administrators utilize different brand names and websites, like Zesisbit.com, to capture victims. However, these fraudulent sites have in common identical designs, terms of service, and About Us content. This exposes their beginnings as a part of the equal fraudulent network, which advocates the identical type of scam under various appearances. The fraudsters simply duplicate the equal deceptive site under different names to fool users into assuming they are joining a new opportunity. However, in reality, it’s the same system of swindlers orchestrating the deceptive promises and attempts to take deposited money. The managers cleverly make use of psychological maneuvers and appealing propositions to execute their unscrupulous plans.
Step 1: Spreading
To begin the deceptive scheme, criminals create and fill accounts on popular social media platforms. They mainly aim at Facebook, Instagram, Twitter, and TikTok. Subsequently, the advertising campaign begins. Utilizing bots and paid ads (when achievable), scam actors increase the visibility of their deceptive activities to possible victims. This strategy allows them to cast an extensive net and interact with their targeted audience. The latter usually consists of cryptocurrency enthusiasts seeking prospects to generate profits.
Users obtain an encouragement to sign up, enticed by the promise of obtaining crypto benefits valued at hundreds of dollars, all free of charge. To increase the attractiveness of the offer, fake claims of sponsorship by a celebrity are incorporated. As you may guess, these assertions are completely baseless.
Step 2: Gaining Traffic
People who demonstrate interest go to Zesisbit.com via links present in advertisements or robotic posts. The webpage employs captivating visuals, design features that appear genuine, and assertions of possessing a legitimate license, all intended to project an initial perception of credibility.
Step 3: Data Gathering
To claim their prizes, users need to proactively set up an profile on Zesisbit and receive prompts to provide sensitive and private information during the sign-up process. This comprises linking their cryptocurrency wallets, sharing email addresses, giving phone numbers, sending in identification documents, and more.
Step 4: Requesting funds
Once enrolled, users witness substantial amounts of cryptocurrency, valued at thousands of dollars, within their Zesisbit wallets. Nevertheless, as is typical with such bonuses, you cannot withdraw them ahead of making a deposit. Usually, a deposit of $100 is asked to get the sign-up bonus. This prerequisite serves as the enticement that eventually results to the money loss.
Step 5: Disappear
The moment the deposit is made, the scammers cease all interaction. They go ahead to block users, erase accounts, and abscond with both the deposited money and critical private data. The phony prizes persist perpetually uncredited, as they lack real existence. They act purely as a deceptive strategy. This technique forms the foundation for the scammers’ capacity to mislead victims and steal hard-earned money through their duplicative online crypto scam.
Signs of Scam
I gathered several facts that point at the scammy nature of the Zesisbit.com. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.
- False Celebrity Sponsorship. Zesisbit often resorts to fake endorsements from celebrities such as Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. This fraudulent tactic extends to claiming partnerships with reputable companies like Coinbase, Binance, or MetaMask, despite lacking any genuine affiliations.
- Cryptocurrency-Only Payments. Zesisbit.com exclusively accepts payments in cryptocurrencies, rejecting traditional bank transfers and other methods. This approach not only masks the company’s identity but also eliminates the possibility of seeking refunds.
- Dubious Company Information. Zesisbit raises suspicion by withholding essential ownership, location, and registration details. Furthermore, the absence of legitimate contact information and the recent establishment of domain and social media pages intensify skepticism.
- Unsubstantiated Hype. Zesisbit.com employs groundless hype tactics, fabricating events like securing contracts with Coinbase or receiving endorsements from Elon Musk. These manipulative techniques aim to instill false confidence and encourage further investments.
- Potential Pyramid Scheme. The scam relies on a structure resembling a Ponzi scheme, leveraging a referral system spread through social media. However, only initial participants benefit, often at the expense of subsequent investors.
- Implausible Claims. Promising returns of 50-100-200%, Zesisbit preys on the desire for quick profits. Yet, the volatile nature of the cryptocurrency market makes such gains highly unlikely, definitively labeling Zesisbit as a scam.
What Should I do as a Victim?
If you had to deal with Zesisbit 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.
- Secure Your Actions. Begin by promptly reporting the scam to appropriate local authorities tasked with handling financial fraud. Notify wallet providers and engage with social networks’ technical support teams. By taking these measures, you contribute to making the scammers’ operations significantly more difficult.
- Expand Awareness. Extend your efforts by sharing the scam information with your close friends. This action has a parallel effect to reporting to the authorities, as disseminating details about fraudulent crypto services reduces the potential victims they can deceive.
- Gather Evidence. Preserve comprehensive evidence by capturing screenshots and saving all pertinent data linked to the deceptive website. Collect the URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These materials could prove invaluable for authorities in their pursuit of the scammers.
- Explore Refund Possibilities. While cryptocurrency payments generally fall outside the scope of refund policies within most banks, it’s worth investigating the potential for a refund in specific circumstances. Maintain optimism until you definitively confirm the loss.
- Convert Mistake into Wisdom. Transform your financial setback into a valuable learning experience. Treat your loss as an investment in understanding the tactics of crypto scam sites. Familiarize yourself with their key characteristics, how they lure individuals, and the grandiose promises they make. Armed with this knowledge, you’ll be well-equipped to recognize and avoid falling into future traps without incurring further losses.
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 course of the scam, its masters may contact you with specific documents. Alternatively, they may offer you to set up “cryptocurrency wallet applications” or “browser extensions” to simplify access to your crypto assets. As we earlier determined, these deceivers have no intent of returning your money. So, what can these email messages and browser add-ons represent? Correct – this is another side of the fraudulent scheme designed to throw you into willingly running destructive programs onto your device.
Both extensions and files added to emails can function as a shell for diverse malicious code. In this scenario, I expect the presence of spyware and stealers among other kinds of malware. While it is not mandatory for scammers to distribute malware, the chance is always significant. As stated, their ethics is of negligible importance, and their reputation is already neck deep in mud. They have no scruples to lose and strive to maximize profits.
Frequently asked questions
- Contact your bank or card provider and ask about chargeback options.
- Save screenshots, receipts, tracking numbers, and emails as evidence.
- Change reused passwords and enable two-factor authentication on important accounts.
- Watch for follow-up phishing emails pretending to offer refunds or delivery updates.
