
Deceptive AI-Generated Websites Fool Web3 Professionals
Cado Security Labs has uncovered a dangerous new scam campaign that uses artificial intelligence (AI) to create fake websites and social media profiles targeted at Web3 professionals. These AI-generated platforms closely mimic legitimate business sites, particularly those related to blockchain and cryptocurrency, making it nearly impossible for victims to distinguish between real and fake platforms. By using AI technology, the scammers create highly convincing content that appears credible, and Web3 professionals are often tricked into engaging with these fraudulent websites and downloading malicious apps.
Malware Apps “Meeten” and “Meetio” Expose Personal Information
Once the scammers make contact, they encourage their targets to download a business meeting app called “Meeten” or “Meetio.” While these apps appear harmless, they contain malware that, once installed, scans the victim’s device for sensitive information, such as cryptocurrency wallet credentials, Telegram logins, and banking details. In addition, the malware collects browser cookies and autofill credentials, allowing the scammers to gather a vast amount of personal and financial data. This stolen information is then used for fraudulent purposes, leaving the victim vulnerable to identity theft and financial loss.
Web3 Workers Urged to Verify Software Before Downloading
As AI technology continues to advance, scams targeting Web3 professionals have become more difficult to detect. Web3 workers are advised to be extra cautious when downloading software, especially if it is unsolicited. The use of fake websites and social media profiles makes it easier for scammers to deceive even the most experienced individuals in the industry. To protect themselves, professionals should always verify the legitimacy of any platform or app before interacting with it. By remaining cautious and skeptical, Web3 workers can safeguard their personal and financial information from falling into the wrong hands.