Newly Emerging Crypto Project Installs Trojans and Steals Coins from Exchange Accounts

The cybersecurity market is constantly active, and new ways to swindle unsuspecting users of their funds through emerging crypto projects are being developed. A new trend is emerging involving the Uniapt web3 gaming project. According to this victim VIctim’s post on X, the scam artists contacted them in what looked like a job opportunity to help them grow their market reach,  a pretty common practice within the cryptocurrency and Web3 world at large.

The Uniapt emerging crypto gaming project is said to trick users into downloading files that contain trojan viruses. Once downloaded, the trojan viruses scan the local machine and steal private keys, which they use to access crypto accounts and steal digital assets. 

Although relatively new, the scam has managed to prey on several unsuspecting victims due to its almost legitimate online presence, commanding a solid following on its Twitter account. 

According to one particular suspecting victim on Reddit, the scammers request users to install a .exe file, which he was made to believe was a game. The “employer,” a newly emerging crypto project, Uniapt, asked that they download the game and said that he would help them by monitoring the server. 

The suspecting victim narrates that the employment process was rather weird. He was directed to Head to Uniapt.co and make an account. He was then instructed to download the Launcher to his local PC and run the .exe file to connect his account. After running the .exe file, everything apparently fails, and he can’t proceed with the process. 

As of this writing, the newly emerging crypto project, Uniapt X account is still up and has a gold check assigned to it. The handle claims that Uniapt is a legitimate next-generation bundle of tools for the Web3 space. The handle continuously warns users of scams using them as a proxy.  Here is a pinned tweet from the Uniapt verified account. 

How to Protect Yourself from Scams Disguised as Emerging Crypto Projects: 

The cryptocurrency world is moving fast, and users need to be careful when hunting for new projects to invest in. The industry has been plagued by several emerging crypto projects in the past that turned out to be pure scams, clear evidence that some players within the industry are genuinely malicious. 

In order to protect digital assets lying in exchange platforms, users need to be careful of typical cyber attack techniques such as phishing emails and links. In this case, this technique was used to gain access to the user’s computers and swindle funds on the Coinbase account. 

Information Sourced from CoinMarketCap.