A website called usdtevent.com has recently emerged, luring unsuspecting victims with the promise of exchanging NFTs for free Tether (USDT) cryptocurrency. However, this offer is completely fraudulent, aiming to steal cryptocurrencies and NFTs from users who connect their wallets to the malicious site.
This article will break down how the usdtevent.com scam operates, what techniques it uses to defraud victims, how to identify fraudulent websites like this, and what steps you should take if you provided access to your crypto wallet on their platform. After reading, you’ll be able to recognize and avoid this prevalent cryptocurrency scam.
How the Usdtevent.com Scam Works
The usdtevent.com website claims to be run by Tether, the company behind the popular USDT stablecoin. It states that users who received an NFT from Tether can now exchange it on their site for 2,000 USDT coins, valued around $2,000.
A bright call-to-action button prompts users to “Connect Wallet” to supposedly transfer their NFT and receive the promised USDT in return. However, this website is not actually affiliated with Tether whatsoever.
When users connect their cryptocurrency wallets to the site, the scammers immediately drain all funds and NFTs from the connected accounts, stealing cryptocurrencies like Bitcoin and Ethereum as well as valuable non-fungible tokens stored in the wallets.
The scam works by exploiting people’s greed and desire to make easy money. The promise of receiving $2,000 worth of crypto for free sounds too good to pass up. But in reality, it is a trap to steal all assets from the wallet once connected to the malicious website.
Warning Signs of the Usdtevent.com Scam
While the site pretends to be associated with Tether, there are many red flags that reveal its fraudulent nature:
- Mismatched domain – The Tether company domain is tether.to, not usdtevent.com. The domain name does not match.
- No official announcements – Tether never announced any events regarding free USDT giveaways or NFT exchanges.
- Too good to be true – No legitimate company will ever give away $2,000 in cryptocurrency for free. Offers like this are always scams.
- Request to connect wallet – Never connect your cryptocurrency wallets to random third-party websites like this.
- Poor English/grammar errors – The text contains many spelling and grammar mistakes, revealing the scammers’ lack of professionalism.
- No verified SSL certificate – The website lacks HTTPS SSL encryption, demonstrating its illegitimacy and security issues.
What to Do if You Connected Your Wallet to usdtevent.com
If you unfortunately already connected your cryptocurrency wallet to the fraudulent usdtevent.com website, stay calm but immediately take the following steps:
- Transfer assets to new wallet – Create a brand new crypto wallet and transfer all remaining funds from your compromised wallet into it ASAP.
- Disconnect wallet from site – Disconnect the wallet from the scam website to prevent further asset theft.
- Change wallet password – Reset the password on your wallet to prevent further unauthorized access by scammers.
- Monitor transactions closely – Keep close track of your cryptocurrency transactions to spot any other unauthorized activities.
- Avoid linking to more sites – Do not trust or connect to any other unknown third-party websites for the time being.
The quicker you move assets to safety and disconnect your wallet from the scam site, the less ability scammers will have to continue draining your cryptocurrency funds and NFTs. Never overlook security in the interest of profit.
How to Stay Safe from Crypto Scams
Here are crucial tips to avoid falling victim to the many cryptocurrency and NFT scams currently circulating:
- Use only official wallet apps – Download wallet apps directly from official developer sites, not random links. Avoid web/browser extension wallets.
- Never enter seed phrases anywhere – Your wallet seed phrase provides full account access. Never enter it on any site or share it.
- Don’t trust free crypto offers – Anything promising free cryptocurrency or unbelievable profits is always a scam.
- Beware gas fees – Scam sites often promise to pay your gas fees then pocket your assets when you try withdrawing. You’re responsible for all transaction fees.
- Verify legitimacy – Research any website offering crypto exchanges or investment opportunities to confirm legitimacy before using.
- Monitor assets daily – Log into your wallet daily to check that no unauthorized transactions occurred. Enable all security features.
- Educate yourself – Learn more about cryptocurrency and NFT scams to identify the latest techniques fraudsters use to steal assets and avoid being fooled.
With crypto scammers regularly crafting new schemes, maintaining diligence regarding the security of your cryptocurrency wallets and transactions is essential to avoid theft.
Is Your Device Infected? Check for Malware
If your device is running slowly or acting suspicious, it may be infected with malware. Malwarebytes Anti-Malware Free is a great option for scanning your device and detecting potential malware or viruses. The free version can efficiently check for and remove many common infections.
Malwarebytes can run on Windows, Mac, and Android devices. Depending on which operating system is installed on the device you’re trying to run a Malwarebytes scan, please click on the tab below and follow the displayed steps.
Scan your computer with Malwarebytes for Windows to remove malware
Malwarebytes stands out as one of the leading and widely-used anti-malware solutions for Windows, and for good reason. It effectively eradicates various types of malware that other programs often overlook, all at no cost to you. When it comes to disinfecting an infected device, Malwarebytes has consistently been a free and indispensable tool in the battle against malware. We highly recommend it for maintaining a clean and secure system.
Download Malwarebytes for Windows
You can download Malwarebytes by clicking the link below.
MALWAREBYTES FOR WINDOWS DOWNLOAD LINK
(The above link will open a new page from where you can download Malwarebytes)-
Install Malwarebytes
After the download is complete, locate the MBSetup file, typically found in your Downloads folder. Double-click on the MBSetup file to begin the installation of Malwarebytes on your computer. If a User Account Control pop-up appears, click “Yes” to continue the Malwarebytes installation.
Follow the On-Screen Prompts to Install Malwarebytes
When the Malwarebytes installation begins, the setup wizard will guide you through the process.
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You’ll first be prompted to choose the type of computer you’re installing the program on—select either “Personal Computer” or “Work Computer” as appropriate, then click on Next.
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Malwarebytes will now begin the installation process on your device.
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When the Malwarebytes installation is complete, the program will automatically open to the “Welcome to Malwarebytes” screen.
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On the final screen, simply click on the Open Malwarebytes option to start the program.
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Enable “Rootkit scanning”.
Malwarebytes Anti-Malware will now start, and you will see the main screen as shown below. To maximize Malwarebytes’ ability to detect malware and unwanted programs, we need to enable rootkit scanning. Click on the “Settings” gear icon located on the left of the screen to access the general settings section.
In the settings menu, enable the “Scan for rootkits” option by clicking the toggle switch until it turns blue.
Now that you have enabled rootkit scanning, click on the “Dashboard” button in the left pane to get back to the main screen.
Perform a Scan with Malwarebytes.
To start a scan, click the Scan button. Malwarebytes will automatically update its antivirus database and begin scanning your computer for malicious programs.
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Wait for the Malwarebytes scan to complete.
Malwarebytes will now scan your computer for browser hijackers and other malicious programs. This process can take a few minutes, so we suggest you do something else and periodically check the status of the scan to see when it is finished.
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Quarantine detected malware
Once the Malwarebytes scan is complete, it will display a list of detected malware, adware, and potentially unwanted programs. To effectively remove these threats, click the “Quarantine” button.
Malwarebytes will now delete all of the files and registry keys and add them to the program’s quarantine.
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Restart your computer.
When removing files, Malwarebytes may require a reboot to fully eliminate some threats. If you see a message indicating that a reboot is needed, please allow it. Once your computer has restarted and you are logged back in, you can continue with the remaining steps.
Your computer should now be free of trojans, adware, browser hijackers, and other malware.
If your current antivirus allowed this malicious program on your computer, you may want to consider purchasing Malwarebytes Premium to protect against these types of threats in the future.
If you are still having problems with your computer after completing these instructions, then please follow one of the steps:
- Run a computer scan with ESET Online Scanner
- Ask for help in our Windows Malware Removal Help & Support forum.
Scan your computer with Malwarebytes for Mac to remove malware
Malwarebytes for Mac is an on-demand scanner that can destroy many types of malware that other software tends to miss without costing you absolutely anything. When it comes to cleaning up an infected device, Malwarebytes has always been free, and we recommend it as an essential tool in the fight against malware.
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Download Malwarebytes for Mac.
You can download Malwarebytes for Mac by clicking the link below.
MALWAREBYTES FOR MAC DOWNLOAD LINK
(The above link will open a new page from where you can download Malwarebytes for Mac) -
Double-click on the Malwarebytes setup file.
When Malwarebytes has finished downloading, double-click on the setup file to install Malwarebytes on your computer. In most cases, downloaded files are saved to the Downloads folder.
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Follow the on-screen prompts to install Malwarebytes.
When the Malwarebytes installation begins, you will see the Malwarebytes for Mac Installer which will guide you through the installation process. Click “Continue“, then keep following the prompts to continue with the installation process.
When your Malwarebytes installation completes, the program opens to the Welcome to Malwarebytes screen. Click the “Get started” button.
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Select “Personal Computer” or “Work Computer”.
The Malwarebytes Welcome screen will first ask you what type of computer are you installing this program, click either Personal Computer or Work Computer.
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Click on “Scan”.
To scan your computer with Malwarebytes, click on the “Scan” button. Malwarebytes for Mac will automatically update the antivirus database and start scanning your computer for malware.
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Wait for the Malwarebytes scan to complete.
Malwarebytes will scan your computer for adware, browser hijackers, and other malicious programs. This process can take a few minutes, so we suggest you do something else and periodically check on the status of the scan to see when it is finished.
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Click on “Quarantine”.
When the scan has been completed, you will be presented with a screen showing the malware infections that Malwarebytes has detected. To remove the malware that Malwarebytes has found, click on the “Quarantine” button.
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Restart computer.
Malwarebytes will now remove all the malicious files that it has found. To complete the malware removal process, Malwarebytes may ask you to restart your computer.
Your Mac should now be free of adware, browser hijackers, and other malware.
If your current antivirus allowed a malicious program on your computer, you might want to consider purchasing the full-featured version of Malwarebytes Anti-Malware to protect against these types of threats in the future.
If you are still experiencing problems while trying to remove a malicious program from your computer, please ask for help in our Mac Malware Removal Help & Support forum.
Scan your phone with Malwarebytes for Android to remove malware
Malwarebytes for Android automatically detects and removes dangerous threats like malware and ransomware so you don’t have to worry about your most-used device being compromised. Aggressive detection of adware and potentially unwanted programs keeps your Android phone or tablet running smooth.
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Download Malwarebytes for Android.
You can download Malwarebytes for Android by clicking the link below.
MALWAREBYTES FOR ANDROID DOWNLOAD LINK
(The above link will open a new page from where you can download Malwarebytes for Android) -
Install Malwarebytes for Android on your phone.
In the Google Play Store, tap “Install” to install Malwarebytes for Android on your device.
When the installation process has finished, tap “Open” to begin using Malwarebytes for Android. You can also open Malwarebytes by tapping on its icon in your phone menu or home screen.
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Follow the on-screen prompts to complete the setup process
When Malwarebytes will open, you will see the Malwarebytes Setup Wizard which will guide you through a series of permissions and other setup options.
This is the first of two screens that explain the difference between the Premium and Free versions. Swipe this screen to continue.
Tap on “Got it” to proceed to the next step.
Malwarebytes for Android will now ask for a set of permissions that are required to scan your device and protect it from malware. Tap on “Give permission” to continue.
Tap on “Allow” to permit Malwarebytes to access the files on your phone. -
Update database and run a scan with Malwarebytes for Android
You will now be prompted to update the Malwarebytes database and run a full system scan.
Click on “Update database” to update the Malwarebytes for Android definitions to the latest version, then click on “Run full scan” to perform a system scan.
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Wait for the Malwarebytes scan to complete.
Malwarebytes will now start scanning your phone for adware and other malicious apps. This process can take a few minutes, so we suggest you do something else and periodically check on the status of the scan to see when it is finished.
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Click on “Remove Selected”.
When the scan has been completed, you will be presented with a screen showing the malware infections that Malwarebytes for Android has detected. To remove the malicious apps that Malwarebytes has found, tap on the “Remove Selected” button.
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Restart your phone.
Malwarebytes for Android will now remove all the malicious apps that it has found. To complete the malware removal process, Malwarebytes may ask you to restart your device.
Your phone should now be free of adware, browser hijackers, and other malware.
If your current antivirus allowed a malicious app on your phone, you may want to consider purchasing the full-featured version of Malwarebytes to protect against these types of threats in the future.
If you are still having problems with your phone after completing these instructions, then please follow one of the steps:
- Restore your phone to factory settings by going to Settings > General management > Reset > Factory data reset.
- Ask for help in our Mobile Malware Removal Help & Support forum.
Conclusion
Websites like usdtevent.com promising free cryptocurrency or effortless profits are designed explicitly to defraud users out of digital assets. No legitimate platform will ever ask you to connect your wallet and transfer funds or NFTs to receive money in return. These offers are bait to steal everything in your crypto wallet.
Being able to identify red flags like mismatching domains, grammar errors, lack of SSL encryption, and too good to be true claims enables quick detection of cryptocurrency scams. You should always thoroughly research any website and confirm its legitimacy before linking your crypto wallets. Following strong security practices for your digital assets will help you steer clear of cunning scammers aiming to capitalize on greed and dreams of easy money.