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www.rivitmedia.com > Blog > Cyber Threats > Online Scams > Fake “MAV Token Eligibility Check” Website: A New Cryptocurrency Drainer Scam
Online Scams

Fake “MAV Token Eligibility Check” Website: A New Cryptocurrency Drainer Scam

riviTMedia Research
Last updated: December 1, 2024 11:09 pm
riviTMedia Research
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Fake "MAV Token Eligibility Check" Website: A New Cryptocurrency Drainer Scam
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Scams are rampant, and new threats emerge almost daily. One such scam recently uncovered by researchers involves a fake “MAV Token Eligibility Check” website that masquerades as a legitimate service connected to the Maverick Protocol (mav.xyz). This fraudulent site, typically hosted on domains like eligibility.maveclaim[.]xyz, lures unsuspecting users with promises of rewards such as MAV or ZKsync (ZK) tokens. However, the real goal is to steal users’ funds through a crypto drainer.

Contents
Download SpyHunter Now & Scan Your Computer For Free!The Threat: Phishing and Crypto Drainer AttackIdentifying the ScamHow to Remove the ThreatDownload SpyHunter Now & Scan Your Computer For Free!Preventive Measures to Avoid Future Crypto ScamsConclusion

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The Threat: Phishing and Crypto Drainer Attack

The "MAV Token Eligibility Check" scam exploits the trust cryptocurrency enthusiasts place in legitimate projects like Maverick Protocol, a DeFi infrastructure provider. The fake website asks users to connect their crypto wallets in order to claim the promised rewards. What the victims don't realize is that by doing so, they are unknowingly granting malicious permissions to the scammer’s smart contract, which facilitates the theft of digital assets.

Once a victim's wallet is connected to the scam site, the malicious contract is activated. This contract can make automated transactions from the victim’s wallet to the scammer’s wallet, draining funds over time. Often, this theft can remain unnoticed because the transactions may seem innocuous at first. Some sophisticated crypto drainers even prioritize the theft of high-value assets, maximizing their haul before the victim realizes what’s happening.

Cryptocurrency transactions are irreversible, meaning once funds are transferred to the scammer’s wallet, they cannot be recovered. The decentralized nature of cryptocurrency makes it nearly impossible to trace the stolen assets, making victims helpless.

Identifying the Scam

The "MAV Token Eligibility Check" scam can be easily mistaken for a legitimate promotion due to its clever disguise as the Maverick Protocol (mav.xyz). However, there are several warning signs that can help users recognize this phishing attack:

  • Fake Claims: The website falsely claims that users can receive MAV or ZKsync (ZK) tokens, which is an enticing offer for cryptocurrency enthusiasts.
  • Malicious Contract: Connecting a wallet to the site results in signing a malicious contract that facilitates the draining of funds.
  • Unrelated to Real Projects: This scam is in no way connected to the legitimate Maverick Protocol or any other genuine projects.

It’s important to be cautious of any website offering free tokens in exchange for simply connecting your wallet.

How to Remove the Threat

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If you believe you have fallen victim to the "MAV Token Eligibility Check" scam or any similar phishing attack, it is crucial to act quickly to mitigate any further damage. SpyHunter, a powerful anti-malware tool, can help remove the malicious software associated with the scam. Here's a step-by-step guide on how to remove the threat using SpyHunter:

  1. Download SpyHunter: First, download and install SpyHunter (ensure you are on a trusted source to avoid downloading malicious software).
  2. Run a Full System Scan: Launch SpyHunter and run a comprehensive system scan. The tool will scan your system for malware, including malicious programs or browser extensions associated with the phishing scam.
  3. Review Detected Threats: Once the scan is complete, SpyHunter will provide a detailed list of detected threats. Review the list and ensure that it includes any suspicious files related to the scam, particularly those associated with the eligibility.maveclaim[.]xyz domain.
  4. Remove Identified Threats: Follow the prompts to remove any detected threats from your system. SpyHunter will eliminate any harmful files or browser extensions associated with the scam.
  5. Clear Browser History and Cache: Open your web browser, and clear your browsing history, cache, and cookies. This will help prevent any residual traces of the scam website.
  6. Reset Your Wallet Permissions: If you've connected your crypto wallet to the fake site, ensure you review and revoke any malicious permissions. Revoke permissions for any suspicious or unknown websites from your wallet application to prevent future theft.
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Preventive Measures to Avoid Future Crypto Scams

To protect yourself from similar scams in the future, here are some essential preventive steps:

  1. Verify Website URLs: Always double-check the URL of any cryptocurrency website. Scammers often use subtle variations in domain names to trick users into visiting fraudulent sites. Ensure the website you’re visiting is legitimate by checking for signs like an official domain (e.g., mav.xyz for Maverick Protocol).
  2. Be Skeptical of Unsolicited Offers: Never trust unsolicited emails, pop-up ads, or messages offering free cryptocurrency or rewards in exchange for wallet connections. Legitimate platforms will never ask for your private keys or seed phrases.
  3. Use a Secure Wallet: Use a hardware wallet for storing significant amounts of cryptocurrency. Hardware wallets store your private keys offline, reducing the risk of online scams.
  4. Enable Two-Factor Authentication (2FA): Always enable two-factor authentication on your cryptocurrency exchanges and wallets for an added layer of security.
  5. Regularly Monitor Your Wallet: Keep an eye on your wallet activity. If you notice any unauthorized transactions, act immediately to secure your funds.
  6. Educate Yourself About Scams: Stay informed about the latest scams and phishing techniques. Scammers constantly evolve their tactics, so it’s crucial to remain vigilant and educated on how to avoid falling victim.

Conclusion

The "MAV Token Eligibility Check" scam is just one example of the many dangers lurking in the cryptocurrency world. It highlights the importance of being cautious when connecting your wallet to unknown websites. By following the steps outlined in this guide, users can protect themselves from these scams, remove malicious software from their devices, and reduce the risk of future attacks.

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