8.10.21

 


To the moon and hack: Fake SafeMoon app drops malware to spy on you

Cryptocurrencies rise and fall, but one thing stays the same – cybercriminals attempt to cash in on the craze

 

Martina López

Cybercriminals are trying to capitalize on “the next big thing” in the turbulent cryptocurrency space in an attempt to take remote control of people’s computers and then steal their passwords and money. A campaign spotted recently impersonates the SafeMoon cryptocurrency app and uses a fake update to lure Discord users to a website that distributes a well-known remote access tool (RAT).

SafeMoon is one of the latest altcoins to, well, shoot for the moon. Ever since its inception six months ago, SafeMoon has been highly popular (and duly volatile), with the craze propelled by influencers and numerous enthusiasts on social media. The buzz hasn’t escaped the notice of scammers, as swindles targeting cryptocurrency users – including fraud that namedrops celebrities to give it some extra allure – have been running rampant for years.

Houston, we have a problem

The ruse exploiting SafeMoon’s sudden popularity begins with a message (Figure 1) that scammers have sent to a number of users on Discord, where they pose as the official SafeMoon account on the site to promote a new version of the app.

 

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