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Scam ads targeting Usual Protocol emerge on Google
A new wave of scam advertisements has emerged on Google, posing as the popular digital asset management platform, Usual Protocol. The malicious ads appear at the top of search results for “Usual Protocol,” attempting to deceive users into divulging their sensitive information and potentially losing control of their digital assets.
The scams utilize a tactic known as “brandjacking” where scammers create fake advertisements that mimic the branding and language of legitimate services, tricking unsuspecting victims. This placement at the top of search results is particularly concerning, as it may lead users to click on these deceptive ads without properly verifying their authenticity.
Once clicked, these fraudulent ads redirect users to phishing sites that appear authentic but are actually designed to harvest sensitive information such as wallet passphrases or gain unauthorized access to funds through wallet connections. The scammer’s goal is to trick victims into connecting their wallets and signing malicious transactions that transfer assets to scammers.
The rise of these scams is a stark reminder for digital asset holders to exercise extreme caution when interacting with online advertisements, especially those at the top of search results. It is essential to manually verify website addresses directly and never connect your crypto wallet to a site you are not 100% certain is legitimate.
This development also highlights the need for increased vigilance on Google’s part to prevent such scams from being listed in their advertising platform.
Source: cryptobriefing.com
