The “$TWOCS Token Presale” scam is a newly discovered cryptocurrency fraud designed to trick users into connecting their digital wallets to a malicious smart contract. Disguised as a presale for the fictional TWOCS token, the scam is hosted on deceptive websites like wiflove[.]live
and possibly other cloned domains. Once a user interacts with the fake platform, they unknowingly authorize a transaction that enables a crypto drainer to siphon funds directly from their wallet.
While the crypto market often promotes legitimate presales and token offerings, scams like this exploit investor enthusiasm. The “$TWOCS Token Presale” is not associated with any real cryptocurrency project and serves purely as a social engineering trap.
According to the Federal Trade Commission (FTC), since 2021, over $1 billion has been reported lost to crypto scams by more than 46,000 people, making cryptocurrency-related fraud the leading cause of financial loss among all payment methods.
Fake “$TWOCS Token Presale” Website – Threat Summary
Below is a detailed table outlining the key aspects of this threat:
Category | Details |
---|---|
Threat Name | “$TWOCS Token Presale” crypto drainer |
Threat Type | Phishing, Scam, Social Engineering, Fraud, Cryptocurrency Drainer |
Disguise | Fake TWOCS Token presale event with a 10 million token supply |
Associated Domains | wiflove[.]live (other domains may also be used) |
Detection Names | CyRadar (Malicious), G-Data (Phishing), Trustwave (Phishing), alphaMountain.ai (Suspicious) |
Symptoms | – Sudden crypto fund loss – Unrecognized transactions – Wallet draining |
Serving IP Address | 172.67.144.214 |
Associated Emails | None discovered |
Distribution Methods | – Compromised websites – Social media spam – Pop-up ads – PUAs |
Damage | Irreversible cryptocurrency theft, loss of digital assets |
Danger Level | 🔴 Critical – High risk of monetary loss |
How the Scam Works
The scam uses a false narrative around a token presale event to lure users into connecting their cryptocurrency wallets, typically MetaMask or Trust Wallet. Once connected, the site presents a “buy” or “confirm” button, which initiates a malicious contract approval. This contract silently allows the scammer to access, withdraw, or transfer tokens without the user’s active participation in future transactions.
Some advanced drainer scripts estimate the value of wallet assets and prioritize high-value tokens first, making this kind of attack extremely dangerous and difficult to detect immediately.
Due to the irreversible nature of blockchain transactions, once the tokens are drained, recovery is impossible. Most users only realize the scam days or weeks later—long after the funds have been dispersed through mixer services or sent across multiple anonymous wallets.
Eliminating Crypto Scam Threats
Step 1: Identify and Report the Scam
- Gather evidence (screenshots, emails, transaction IDs).
- 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
- Google Chrome:
- Open
chrome://extensions/
- Remove any unfamiliar or crypto-related suspicious add-ons.
- Open
- Firefox / Edge / Safari:
- Go to browser settings > extensions → Delete suspicious ones.
- 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.)
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
Follow SpyHunter installation instructions here: SpyHunter Download Guide
Step 2: Install and Run SpyHunter
- Run the SpyHunter installer.
- Follow the on-screen installation steps.
- Launch SpyHunter after installation.
Step 3: Perform a Full Malware Scan
- Click “Start Scan Now”.
- 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
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 “$TWOCS Token Presale” website is nothing more than a deceptive front for a crypto-draining scam. It manipulates trust and curiosity by posing as a legitimate presale, then siphons funds using malicious smart contracts. Always double-check the legitimacy of any token sale, never interact with unknown domains, and remember that real crypto projects do not solicit wallet access without transparent contracts and audits.
If you see promotions for TWOCS tokens or are directed to suspicious sites like wiflove[.]live
, do not connect your wallet.