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Scam Alert: Attackers sending out .000001 with memo linking to FAKE Algo give away

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by COINS NEWS 129 Views

Two days in a row I received micro transactions of about .000001 with a memo that said

How to keep a community happy - take a look at the newest ALGO distribution initiative - [insert phishing website address].

The second scam memo said:

Algorand is making big moves - what does this mean for your ALGO bags? - [insert phishing website address].

By visiting this fake airdrop link, you are taken to a fake website domain that is “alqorand.com”. Notice how they used a "q" instead of a "g", and therefore it is really easy to assume you have been sent to the real website as it looks so similar!

This scam site gives you options to link your wallet to sign up for the airdrop or it will redirect you to another imposter website for myalgo wallet lookalike scam site “wallet.myalqo.com”. Again, notice how they used a "q" instead of a "g"

Stay safe and do not follow any links sent to you in a transactional memo, especially if you are not aware of the original sender!

submitted by /u/SirEffKay
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