#Pocket cash game tokens history how to#
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Updated on Apwith new updates and information.Let me start off by making this very clear we are in the Wild West of cryptocurrency times.

#Pocket cash game tokens history how to#

And so it’s important to know they’re out there and how to best protect yourself from them. The fact that these scams are so well-constructed and abuse the Amazon name, branding, and trust - and are occurring during the holiday shopping season - makes them all the more insidious. Users may have their guard down thinking they are entering early into a potentially big cryptocurrency that will yield big returns. Scammers latch onto fresh news like this, as the general perception of cryptocurrency is that early adopters can make significant gains if the currency proves successful. Report scam adverts and posts when you see them this may aid in their removal from social media.Do research on what you are about to purchase - look for official sources.Don’t fall to high pressure tactics that claim “Flash sales”, “only a few left”, “purchase immediately.”.Double check URLs and websites before entering details and making a purchase.Be skeptical of cryptocurrency advertisements and posts on social media.To protect yourself against scams like this: We have seen the malicious ads spread around the world, in the U.S., Canada, Brazil, Venezuela, UK, Ireland, Norway, France, Germany, Austria, Switzerland, Netherlands, Italy, Spain, Poland, Czech Republic, Slovakia, Hungary, Estonia, Latvia, Ukraine, Serbia, Bosnia And Herzegovina, Montenegro, Macedonia, Greece, Romania, Bulgaria, Georgia, Morocco, Nigeria, Indonesia, Philippines, and Australia. Several of the sites we discovered have already gone down, leaving users with no recourse or access to their money/fake Token crypto. If this happens, the money will be unrecoverable due to the nature of cryptocurrency transactions. In reality, once the translation is complete, the user will have no Amazon Tokens and the attackers will pocket the cryptocurrency that has been transferred to them.

#Pocket cash game tokens history password#

Creating an account could potentially give the attackers an email password combination that could be used in other attacks. If the user attempts to purchase the Token, they have to create an account, then “purchase” the Token with other cryptocurrencies, such as Bitcoin, Ethereum, LiteCoin, and others. Once the user creates an account, there is a legitimate-looking dashboard that allows the management of the fake cryptocurrency portfolio, including the opportunity to make purchases of the nonexistent Amazon Tokens. There is a countdown on the website and sales and bonuses if the user decides to purchase immediately, a classic scammer tactic of using time pressure to force prospective victims into making quick (and bad) decisions. The attackers behind this scam also cleverly tie the purchase of these nonexistent tokens to Amazon’s Prime Gaming service, meant to appeal to gamers.

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The website even cleverly connects the purchase of the nonexistent token with free Amazon Prime membership, making it seem even more legitimate.

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The website is well-presented, with detailed explanations, nice images, and full functionality. However, upon closer investigation, you may notice occasional spelling mistakes on these sites, which is an early tip off that these aren’t legitimate. Once someone clicks on one of these malicious ads, they are redirected to a well-constructed website that appears to be promoting Amazon’s new (nonexistent) Token cryptocurrency. Getting in on an ICO early can be an easy way to quickly make money, as ICOs often rapidly increase in value in the early days. These malicious advertisements rely on people’s trust in the Amazon brand and desire to get in early on cryptocurrency initial coin offerings (ICOs). The rumor has not been substantiated, and there are no Amazon Tokens currently for sale. These stories relied on speculation from an Amazon job posting in July 2021.

The rumors originated from news stories reporting that Amazon could be entering the cryptocurrency market and creating their own tokens as part of that. Below are samples of the malicious advertisements that we found. These offers are propagating through malicious advertisements that imitate legitimate news sites and rely on rumors that have been around since July 2021 that Amazon will be offering Tokens for sale.

Over 300 Avast users have been protected from the scam in the past week. We have found that these new scams are very effective, yielding over USD $100,000. Everything you need to know about a new online scam selling fake Amazon Tokens and stealing cryptocurrency.Īs we are in the 2021 holiday shopping season, there’s a new scam you need to be aware of and watch out for: offers for Amazon Tokens.