Soaring price of Bitcoin is enough incentive for fraudsters to flock to platforms where they gain access to new adopters. This is evinced by the fact that fraudulent activities associated with cryptocurrencies proliferate at times such as this.
The attention of the coin community has been drawn to a fake Trezor shop that is phishing for the private keys of users after attracting them to the site through Google ads. A search on Google for the hardware wallet returns the site which asks users for their private key when they visit.
With the attention the site has generated, it seems that the fraudsters are churning out more scam websites using the same strategy. We have noticed that there are more than one site targeting Trezor buyers’ seed phrase using the same strategy. The recovery phase practically would make the owner of a wallet to lose it to the fraudster if they input it in the field available on the phishing sites.
We have listed some of them on our scam list so that you take note and also warn new users of this threat. It is advisable that potential Trezor buyers cross check the URL they’re visiting on their browsers before buying. New Bitcoin adopters should also know that their private keys must not be disclosed. Anyone who controls your keys controls your coins.
The threat posed by these fraudsters is accentuated by Google placing their ad at the top of the search result.