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Alleged Stellar Lumens [XLM] scam: Twitter user exposes phishing fraud involving free ‘Stellar Lightning’ tokens

Namrata Shukla

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Alleged Stellar Lumens [XLM] scam: Twitter user exposes phishing fraud involving free 'Stellar Lightning' tokens
Source: Pixabay

The cryptocurrency market has seen many scams recently, for people to turn into a skeptic. Even though the type of scam changes, this time there is an unidentified person or a group who are phishing for people’s public key for giving out free Stellar Lightning [XLL], which the hackers say has come into existence due to Stellar Lumens fork.

The group or the individual indulged in a phishing attempt, which means they sent out fraudulent emails to people claiming to give them this newly formed token to XLM holders at a 1:5 ratio. One of the Twitter users, @sniko_ figured out the scam and informed the rest of the community about it.

The Twitter user tweeted:

“There is #phishing scam going around targeting $XLM users phishing for your secrets!”

Source: Twitter

Source: Twitter

The user mentioned that the scam is run under the domain name of xllwallet[.]com AS206397. People receive a mail where the subject line says “Get free XLL- Stellar Lightning!”, which envelopes a link directed to a page which asks the users to enter their private key in order to get this made-up token.

Source: Twitter

Source: Twitter

The Twitter user tagged Namecheap, which provides services on domain name registration, GeniusGuardCom, that specializes in DDoS protected web hosting and Stellar Organization to take note. Namecheap was prompt to reply and said:



“Thanks for reporting, Harry! The corresponding team is checking the website now.”

The user also informed the community that the domain was blacklisted by @EthAddrLookup, the Twitter users page and @metamask_io users. MyCrypto.com also informed the users about this scam on Twitter when another user asked them to confirm the legitimacy of this website. MyCrpto.com posted:

“Confirmed scam / phishing. 💀🎣There is a whole network of sites capitalizing on your fear surrounding the fork. Don’t fall for it! Don’t give them your private keys (or keystore files or seed phrases!)”.

Another Twitter user, @FlyGuyInTheSky pointed towards another site that was promoted by @myetherwallet. The tweet by the user read:

“@MyCrypto Please confirm that #etcv is a #scam Many people will be giving away their private keys. @myetherwallet is supporting them? They ask people to download an official ETCV wallet and use their #ethereum private key. Just noticed site „suspended“”.

Source: Twitter

Source: Twitter





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Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
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Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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