Key Takeaway:
- Donald Trump’s endorsement of crypto led to scammers targeting his supporters.
- Fraudulent donation schemes posing as the Trump campaign have been discovered.
- Scammers use misspelled domains and fake payment processes to deceive donors.
- Netcraft has identified sophisticated scams exploiting Trump’s campaign popularity.
Misspelled web domains
Scammers create fake websites with slightly misspelled domains like “donalbjtrump[.]com” to deceive supporters into making crypto donations.
Fake payment processes
Scammers mimic legitimate crypto payment systems like Coinbase to trick donors. They use phishing pages to impersonate payment providers like Coingate and redirect users to fake websites for fraudulent transactions.
Scam sophistication
Exploiting Trump’s campaign popularity, scammers send numerous emails and texts to lure potential donors to fake websites. They leverage AI to create advanced scams and obtain personal information for money laundering and fraud.
