AI-Generated Fake Websites and Social Media Profiles Deceive Web3 Workers
A new scam targeting Web3 professionals has been uncovered by Cado Security Labs, and it involves the use of artificial intelligence (AI) to create fake websites and social media accounts designed to deceive users. These AI-generated platforms mimic legitimate business sites, often related to the cryptocurrency and blockchain industries, making it difficult for users to identify that they are dealing with a scam. The scammers use advanced AI to create realistic content, which helps them reach a broader audience and trick more victims into downloading malicious apps.
Malware Apps “Meeten” and “Meetio” Steal Crypto Wallet and Personal Information
Once the scammers establish contact, they invite their victims to download a seemingly harmless app called “Meeten” or “Meetio” for business meetings. However, these apps are laced with malware that quickly scans the victim’s device for sensitive data. The malware extracts crypto wallet credentials, Telegram login information, and banking details, all while silently collecting browser cookies and autofill credentials. This malicious activity exposes the victim’s personal and financial information to the scammers, leading to potential identity theft, financial loss, and further cybercrime.
Web3 Professionals Encouraged to Stay Alert Against Fraudulent Software and Links
Given the increasing sophistication of these AI-driven scams, Web3 professionals are being urged to remain vigilant when encountering unsolicited software downloads, particularly apps that claim to facilitate business meetings or job opportunities. The use of fake websites and social media profiles makes it easy to fall prey to these scams, which can have serious consequences. To protect themselves, users should verify the legitimacy of any platform or app before downloading, and always remain cautious of any unsolicited communication that asks them to install software on their devices.
