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Author Topic: Watch Out for Libra Scams Claiming You Can Buy the Cryptocurrency  (Read 4234 times)

Offline sirty143

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Internet domains that spoof the official Facebook Libra website claim you can buy the cryptocurrency now when in reality it won't launch until 2020.


Facebook's Libra cryptocurrency isn't slated to launch until next year, but that hasn't stopped fraudsters from creating fake websites that claim to be selling it.

Links to the bogus websites have appeared on social media, including Facebook pages and Instagram accounts, according to The Washington Post. Many of the fake sites look professionally-built and use the official Facebook Libra logos to lend an air of credibility.

Although Facebook told the Post it's been cracking down on the Libra-related scams, you can still find the fake websites online. One of them, buylibracoins.com, claims you can purchase Facebook's cryptocurrency via depositing some Bitcoin. Another site, libra-ico.org, lets you buy Libra at a "25 percent bonus" discount once you input an Ethereum wallet address.


The scams are no surprise. For years now, fraudsters have been spoofing legitimate websites to steal Bitcoin and other cryptocurrencies from unsuspecting victims.

According to the cybersecurity firm Digital Shadows, hundreds of internet domains referencing Libra and Calibra, Facebook's subsidiary in charge of the cryptocurrency, were registered last month. Although many of these domain registrations are not hosting any content, Digital Shadows found at least six domains that were trying to impersonate Facebook's official Libra website.

"One website, libra-vps[.]com claims to have set up Debian-based Virtual Private Servers (VPS) with access to the Libra blockchain," Digital Shadows said. "These are available to purchase starting at $200, and purportedly allow anyone to create a wallet, send/receive Libra, and even mint coins."

People interested in Libra should be patient. Although Facebook plans on launching it in 2020, the company's cryptocurrency plans are already facing resistance from US lawmakers and regulators across the globe on worries Libra will enable money laundering and upend the financial system. For legitimate information regarding the cryptocurrency, you can go to Facebook's dedicated website.

Source: PCMag


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Offline Fenix

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Re: Watch Out for Libra Scams Claiming You Can Buy the Cryptocurrency
« Reply #1 on: July 28, 2019, 10:22:45 PM »
Fraudsters use every opportunity in cryptocurrency to deceive unsuspecting citizens, using the absence of yet normal regulation of this type of activity and the fact that they remain virtually anonymous via the Internet.
Of course, in this case, a normal person who became interested in this coin should know that it is still being planned for release next year. What you need to be naive to get caught in such a hoax.

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Offline Delgboke

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Re: Watch Out for Libra Scams Claiming You Can Buy the Cryptocurrency
« Reply #2 on: July 30, 2019, 06:09:18 AM »
In every good and new cryptocurrency project there are always fake and scammers project that always come up with their own fake news because they want to scam people of their money but funny enough Facebook have not launched his new cryptocurrency project which is proposed to be called Libra project is still on the process of development while some people has created their own Libra coins.
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Offline masudginanjar

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Re: Watch Out for Libra Scams Claiming You Can Buy the Cryptocurrency
« Reply #3 on: January 05, 2021, 04:50:07 PM »
Indeed, it is very dangerous for us to see that this cryptocurrency fraud is real and spreads in various media.
Then I also thought that this kind of thing should not be tolerated but it is also difficult for us to be able to remove all these scams.
LIBRA was indeed booming yesterday in 2019-2020 but finally now it is dropping and there is no news and this can also be a subtle fraud. LOL
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Offline Proton

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Re: Watch Out for Libra Scams Claiming You Can Buy the Cryptocurrency
« Reply #4 on: January 17, 2021, 02:57:04 PM »
From 1st December 2020, it was announced that this stablecoin could be issued in January under the name DIEM. However, as it turned out, a cryptocurrency with this name is already used by one of the English companies. Therefore, another name may appear in this coin.
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Offline jonathancool220

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Re: Watch Out for Libra Scams Claiming You Can Buy the Cryptocurrency
« Reply #5 on: January 30, 2021, 11:27:23 AM »
It would be very sad if we had to look at this because this is clearly a fraud in the name of LIBRA.
As far as I know, LIBRA has yet to provide the correct clarification for launching its coins in various markets.
Maybe we also have to be careful with the LIBRA coin because there are a lot of scammers on social media.

 

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