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Over 100 Fake Domains Registered Similar To Facebook’s Libra Project Found Scamming Users – Report.

In line with a recent ‘report‘ published, renowned cybersecurity intelligence firm named ‘Digital Shadows’ has discovered over a hundred fake domains registered similar to ‘Facebook’s‘ upcoming stablecoin ‘Libra.’

As of 19th June, researchers at Digital Shadows found over a hundred new domains registered similar to Libra and several other dozen referring on the associated crypto wallet ‘Calibra’, with a number of them containing malicious content. The firm divided the web-sites into 2 different groups – those impersonating Libra’s official web-site, & the other promoting ‘scams‘.

“Instead of relying on media buzz and publicity around the brand, these kinds of scams instead aim to win over victims that they’re on a legitimate web-site, and thus additionally to trust it with their personal and financial information,” said Alex Guirakhoo, analyst at Digital Shadows.

Scammers reportedly use Greek, Cyrillic, along with other alphabets that fit the Roman one utilized in English to look just alike the official domain by, like, replacing a lower-case “a” with the identical Cyrillic character “a.”

Digital Shadows also found one web-site that offered guests to buy Libra with Ethereum [ETH] with a 25% exclusive bonus. Around six of the domains reportedly copied the Libra and Calibra web-site by means of the aforesaid homographic technique. Guirakhoo added that “for the foremost convincing of web-sites, it is nigh-impossible to find which are legitimate and which are faux.”

Just yesterday, Facebook ‘removed‘ ads for a Bitcoin [BTC] scam that masqueraded as posts by the prince of Abu Dhabi Sheikh Mohamed bin Zayed, after several of investors unknowingly handled their personal data and money to the criminals primarily based from Ukraine and Argentina.

Earlier in last month, report from Google Trends’ search analytics resource ‘indicated‘ that the searches for bitcoin were following their ascent the week after the revealing of Facebook’s new crypto project ‘Libra’, even as searches for Libra itself have tapered off since 18th June – the date Libra’s white-paper was published.

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