From June 19, Digital Shadows researchers had found over 100 registered domains related to Libra and a few dozen referring to the corresponding Calibra digital portfolio, some with malicious content. The company divided the websites into two groups – posing as the official Libra website and those who promote scams.
“Instead of relying on the media buzz and hype surrounding the brand, these types of scams instead want to convince victims that they are on a legitimate website and therefore probably have more confidence in their personal and financial information,” said Alex Guirakhoo, a strategic intelligence analyst at Digital Shadows.
Fraudsters allegedly use Greek, Cyrillic and other alphabets similar to the Roman in English to look like the official domain by, for example, replacing a small “a” with the identical Cyrillic sign “a”.
Digital Shadows identified a website that offered visitors to buy Libra with ether (ETH) with a 25% bonus. At least six of the domains have reportedly copied the Libra and Calibra website using the aforementioned homographic technique. Guirakhoo said that “for the most convincing sites it is virtually impossible to determine what is legitimate and what is fake.”
As reported yesterday, Facebook removed ads for a Bitcoin scam (BTC) posing as messages from the crown prince of Abu Dhabi Sheikh Mohamed Bin Zayed, after thousands of investors hand over personal information and money to criminals in Ukraine and Argentina.
At the end of June, data from the Google Trends search analysis indicated that bitcoin searches continue their rise the week after the unveiling of Facebook’s new cryptocurrency, even since searches for Libra have been conducted since June 18 – the Libra White Paper date was released.