SingularityNET (AGIX) Minting Scam

A recent investigation uncovered a fraudulent “SingularityNET (AGIX) Minting” webpage designed to drain users’ crypto wallets under the guise of token minting. In one case, a victim connected their wallet only to see automated transactions empty their holdings moments later. Such scams exploit the irreversible nature of blockchain transfers, leaving victims with no recourse once funds are gone.

Threat Overview

The “SingularityNET (AGIX) Minting” Scam is a phishing-driven crypto drainer that mimics the legitimate SingularityNET platform (singularitynet.io). By prompting users to connect their wallets, it injects a malicious smart contract enabling automated theft of digital assets.

In-Depth Analysis

Infection Vector
Scammers lure victims via malvertising on pirated or torrent sites, social media posts, direct messages, or intrusive pop-up ads. Once a victim lands on the fake minting page, they’re asked to connect their wallet under the pretext of token distribution.

Behavioral Profile

1. Smart-contract request: User clicks “Connect Wallet” and approves a contract.
2. Automated draining: Contract executes a sequence of transactions, targeting high-value tokens first.
3. Stealth operation: Transactions may be small or staggered to evade immediate detection.
4. Irreversible theft: Blockchain’s immutable ledger prevents fund recovery.

Risk Assessment
Victims face direct loss of all approved assets. Real-world incidents report full wallet depletion within seconds of approval. Given the sophistication of modern drainer scripts and the difficulty of tracing on-chain transactions, this threat ranks among the most severe in crypto-phishing.

Artifact Text

Warning!
To start minting SingularityNET (AGIX) tokens, please connect your wallet below.
Click “Connect” to approve the minting contract.

(Approving this contract grants withdrawal permissions to third-party address 0x…1234.)

Eliminating Crypto Scam Threats

Step 1: Identify and Report the Scam

1. Gather evidence (screenshots, emails, transaction IDs).
2. Report the fraud to:
   • Your crypto exchange (Binance, Coinbase, Kraken, etc.).
   • Law enforcement agencies like the FBI’s IC3 (ic3.gov) or the SEC (sec.gov/tcr).
   • The Federal Trade Commission (reportfraud.ftc.gov).
   • Blockchain explorers (like Etherscan) to check your wallet transactions.

Step 2: Uninstall Suspicious Software & Apps

• On Windows: Open Control Panel > Programs & Features → Find & Uninstall suspicious programs.
• On macOS:Go to Finder > Applications → Drag unwanted apps to Trash.
• On Android & iOS: Go to Settings > Apps → Uninstall fake crypto wallets or trading apps.

Step 3: Remove Malicious Browser Extensions

1. Google Chrome:
   • Open chrome://extensions/
   • Remove any unfamiliar or crypto-related suspicious add-ons.
2. Firefox / Edge / Safari:
   • Go to browser settings > extensions → Delete suspicious ones.
3. Clear browser cache & cookies:
   • Open browser settings → Privacy → Clear browsing data.

Step 4: Secure Your Accounts & Wallets

Change passwords immediately for:

• Crypto wallets
• Exchanges
• Email & social media

Enable Two-Factor Authentication (2FA):

• Use Google Authenticator, YubiKey, or Authy.

Move remaining funds to a secure wallet:

• Use a hardware wallet (Ledger, Trezor) instead of online wallets.

Step 5: Scan for Hidden Malware & Keyloggers

Your system may still have spyware, tracking your keystrokes or redirecting you to scam sites. A deep scan is essentialto detect and remove threats.

⏳ For a thorough malware check, use SpyHunter. (See Method 2 below.)

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Automatic Removal with SpyHunter

If you suspect hidden malware, SpyHunter can detect and remove crypto scam-related malware, trojans, and browser hijackers.

Step 1: Download SpyHunter

Download SpyHunter Here

Follow SpyHunter installation instructions here: SpyHunter Download Guide

Step 2: Install and Run SpyHunter

1. Run the SpyHunter installer.
2. Follow the on-screen installation steps.
3. Launch SpyHunter after installation.

Step 3: Perform a Full Malware Scan

1. Click “Start Scan Now”.
2. Let SpyHunter scan for:
   • Crypto-stealing malware
   • Browser hijackers redirecting to fake exchanges
   • Phishing-related spyware

Step 4: Remove All Detected Threats

• Click “Fix Threats” to eliminate malicious programs.
• Restart your system to complete the cleanup.

Step 5: Enable Real-Time Protection for Future Security

Activate SpyHunter’s real-time protection to:

• Block phishing & scam websites
• Prevent future infections
• Monitor system vulnerabilities

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Proactive Prevention: How to Avoid Crypto Scams

• NEVER share your private keys or seed phrases – even with “support teams.”
• Always verify URLs before logging in to exchanges.
• Use only official wallet apps from trusted sources.
• Ignore unsolicited investment offers via Telegram, Discord, and social media.
• Check for HTTPS & security certificates before entering login details.
• Regularly scan your device for hidden malware and spyware.
• Store crypto in a hardware wallet (Ledger, Trezor) rather than online wallets.

Conclusion

The “SingularityNET (AGIX) Minting” Scam exemplifies how convincingly attackers can replicate reputable blockchain services. Early detection—spotting suspicious domains or unexpected wallet-approval prompts—remains the best defense. Once a drainer contract is approved, funds are irretrievable, underscoring the importance of vigilance and trusted sources.