Altcoin News: More Than 100 Fake Domains with Mention of Libra Cryptocurrency Discovered on the Network

July 1, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Digital Shadows, a company that studies security threats in the field of cryptocurrency, has identified a lot of fake domains associated with the Facebook cryptocurrency project, reports The Independent.

The names of more than 100 of them are associated with the Libra cryptocurrency, a few dozen with the Calibra digital wallet. Some are already used to display malicious content.

“Instead of relying on media buzz and hype around the brand, these types of scams instead aim to convince victims that they are on a legitimate website, and therefore more likely to trust it with their personal and financial data,” said a company representative.

Presumably, scammers use characters from different alphabets to replace individual elements of the original names. At least six domain names were found mentioning Libra and Calibra, where this method was used.

Earlier, one web site from this category was seen on the network, whose visitors were offered to take part in the Libra presale and purchase a cryptocurrency with a discount.

Author: Marko Vidrih