Darktrace: Scammers Pose as Tech Firms to Drain Crypto

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Scammers Pose as Tech Firms to Drain Crypto Wallets, Darktrace Warns

Written by Aaron S.,

Editor-In-Chief

Last Updated: July 11, 2025

Key Takeaways

Scammers are posing as fake tech companies to trick crypto users into downloading malware;
Victims are contacted via X, Telegram, or Discord and offered crypto in exchange for testing software;
The malware steals crypto wallet credentials after showing a fake Cloudflare screen.

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Scammers Pose as Tech Firms to Drain Crypto Wallets, Darktrace Warns

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Darktrace, a cybersecurity firm, has warned that online scammers are using fake startups to steal cryptocurrency from unsuspecting users.

According to the findings shared on July 10, the attackers use methods similar to those seen in "Traffer Group" campaigns, which are known for stealing account details and other sensitive data through malicious software.

This scam works by creating fake companies that claim to work in areas like artificial intelligence (AI), gaming, Web3, and social media. These fake start-ups use hacked X accounts to contact people and also publish posts on Medium and GitHub to make their projects look real.

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Darktrace explained in the report that victims are usually approached through private messages on X, Telegram, or Discord. The cybersecurity firm noted:

A fake employee of the company will contact a victim asking to test out their software in exchange for a cryptocurrency payment.

The attackers then send a link to download the malicious software. When victims install it, a Cloudflare security screen appears, while the program secretly begins collecting data from the computer.

As part of this process, the malware steals the victim’s cryptocurrency wallet credentials. Both Windows and Mac users have been affected, the report stated.

On July 8, BitMEX $94.13K Research reported that a Bitcoin BTC $117,223.46 wallet linked to the Mt. Gox hack has become the target of a new scam. How? Read the full story.