Frauds on Facebook Crypto uses fake ads to spread dangerous harmful programs for users
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You may already know that the biggest strength on Facebook is not the same social media platform, but the user data it collects.
The data we arm themselves without thinking twice is what this company uses billions of dollars to generate revenue. He sells this data to advertisers, who then try to earn money by displaying ads in the hope that you will buy their products. I will admit, sometimes the advertising platform can be useful by connecting small companies to potential buyers.
However, since Facebook allows almost anyone to declare with the lowest moderation, it often leads to serious fraud. The security researchers have found that a continuous campaign of its admiration is escalating on Facebook, as it takes advantage of the reputation of the well -known cryptocurrency exchange to attract victims to a maze of harmful programs.
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iPhone with a Facebook login screen. (Cyberguy “Knutsson)
How works Facebook Crypto Scam
Bitdefender Labs reported that a harmful advertising campaign is on Facebook for several months. Attackers use deceptive ads that imitate famous brands of cryptocurrency such as Binance, TradingView, Bybit and Metamask. To make frauds look legitimate, ads often feature familiar faces like Elon Musk, Cristiano Ronaldo or Zendaya.
When users click on ads, they land on fake web sites that look almost identical with real sites. These sites demand visitors to download the so -called “desktop client”. This download works as an entry point for the advanced malware system.
What is artificial intelligence (AI)?
Instead of connecting directly harmful programs, the fake site operates a silent server on the victim’s device. Then this server is connected to a back channel to receive harmful instructions. This method makes it difficult for traditional safety tools to discover the attack.
To avoid exposure, attackers also use advanced filtering and tracking tools. If the user does not arrive with specific advertising links on Facebook, the website may display instead harmful content. The site also verifies the automatic tools or sand box environments designed to capture threats. In some cases, it prohibits access to what the user did not open at Microsoft Edge, showing empty pages in other browsers.

Screen snapshot shows a harmful Facebook ad. (bitdefnder)
How to infiltrate fake Facebook pages to spread malware
Bitdefender researchers have found hundreds of Facebook accounts participating in the promotion of the campaign, and sometimes they publish more than 100 ads in one day. While many of these ads are quickly lowered, they often raise thousands of views before they disappear.
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One of the Facebook pages was completely imitated from the official Tradingvief account, including fake comments, publications and photos, except for re -guidance links that led to harmful cloning. The targeted victims tend to be men interested in technology and financing, and some ads specifically sharpened users in Bulgaria and Slovakia, indicating how the attackers are controlled by their campaigns based on geography and demography.

iPhone with a Facebook login screen.
6 Ways to avoid fraud on malware on Facebook
As this fraud on Facebook, Internet criminals have become more creative and more convincing by today. These tips can help you stay forward.
1. Do not trust ads just because they look familiar
The fraudsters became optical deception. They repeat brands, use celebrity approvals and simulate the official pages to give their ads an atmosphere of legitimacy. In the Facebook Malvertising campaign, attackers used names like Binance and faces like Elon Musk to gain confidence instantly. Instead of clicking on the ads, it is the safest to visit the company’s official website directly by writing the URL on your own. Take a moment to verify official social media accounts or customer service if you are never sure of the advertisement.
2. Avoid downloads from advertising links and install strong antivirus programs
In these attacks, users have been deceived to download what appears to be desktop applications for reliable services but they were actually harmful software installations. The best way to protect yourself from malicious links that prove harmful programs, which may reach your own information, is to install a strong antivirus program on all your devices. This protection can also be alerted to relieving emails and fraud on Ransomwari, and maintaining your personal information and digital assets.
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3. Keep updated your browser
Interestingly, the attackers in this campaign used the liquidation of the browser to avoid detection, even which prompted users to reopen the site specifically in Microsoft Edge. The use of a safe browser such as Firefox or Brave can help, and ensure that it is preserved to protect the latest threats. Tools such as content blockers or text software filters can also help stop harmful behavior before they start.
4. Pay attention to the fine red flags
Even the most persuasive fake sites are often narrated, whether the URL is outside the brand, a strange design or strange messages that feel rushing or public. The safe URL must start with “https: //” and match the name of the official field. If the site urges you to act quickly, the promise of high returns or requests personal information at the forefront, take a step back. This emotional pressure tactics is the distinctive feature of modern fraud.
5. Add two factors authentication (2FA) to lock your accounts
Dual factors authentication (2FA) It can provide an additional layer of safety if your accounts penetrate. Even if you mistakenly fall into a fraud and steal your login approval data, 2FA makes it difficult for the attackers to access your account without the second verification step.
6. Use the data removal service
Although there is no service to remove all your data from the Internet, the use of a personal data removal service can reduce the risk of targeting in the first place. These services constantly survey the data broker sites and request the removal operations on your behalf, which helps to maintain your contact information, record the site, and interests from the hands of advertisers and deceitors who are likely to be. Given how this campaign benefits from Facebook data to target users interested in Crypto and Tech, the less data available about you online, the more difficult it is for attackers to customize their fraud.
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Facebook failure to restrain the dodges does not endanger users. It undermines the full point of its advertising platform. If people start linking Facebook ads to fraud and harmful programs, they will stop clicking. And when that happens, advertisers lose money on impressions that do not go anywhere, which erodes confidence in the platform’s ability to provide real and safe participation. For the company that relies heavily on advertising revenues, leaving these threats not only interested. It is self -destruction. If Facebook does not deal with this, both users and advertisers will ultimately search elsewhere.
Do you think social media platforms are doing enough to combat online fraud? Let’s know through writing to us in Cyberguy.com/contact.
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