I have an idea on how to stop scams

[NotATether]

Ok guys so you know all those fake websites that pop around making people send transactions to the addresses in those sites and then lose their money?

I just thought of a way to stop those kind of things.

First you have to go through every registered domain and see which ones resolved from there you need to see which ones match heuristics that determine if it's one of those "fake websites" or phishing sites or not. Probably using an AI tool.

Then you need to get a database of exploits to use against those websites, hack them, and replace the scammers' address with a brand new address from a wallet you make. It works because most scammers buy very vulnerable site templates.

Then you'd form a company, perhaps in the USA, that specifically is for returning people's lost money. Make partnerships with regulators and all the blockchain investigators including ZachXBT so that victims who ask them for help are put in contact with you.

Then you can refund their stolen crypto like that. Perhaps keep a 5% commission in order to continue to finance scammed funds recovery. The scammers are left out of pocket (because they paid for websites), and will go out of business.

So? What do you guys think? Admitting it's hard, but a determined person can create such a setup.

[SmartGold01]

So? What do you guys think? Admitting it's hard, but a determined person can create such a setup.

I think this required someone that has technical knowledge to be able to run this or does it mean we can hire someone to run this set up for us? like I know, this is could be very hard for me to run it up, and of course any determined person who has technical knowledge can actually run it.

[Faisal2202]

Ok guys so you know all those fake websites that pop around making people send transactions to the addresses in those sites and then lose their money?

I just thought of a way to stop those kind of things.

First you have to go through every registered domain and see which ones resolved from there you need to see which ones match heuristics that determine if it's one of those "fake websites" or phishing sites or not. Probably using an AI tool.

Then you need to get a database of exploits to use against those websites, hack them, and replace the scammers' address with a brand new address from a wallet you make. It works because most scammers buy very vulnerable site templates.

Then you'd form a company, perhaps in the USA, that specifically is for returning people's lost money. Make partnerships with regulators and all the blockchain investigators including ZachXBT so that victims who ask them for help are put in contact with you.

Then you can refund their stolen crypto like that. Perhaps keep a 5% commission in order to continue to finance scammed funds recovery. The scammers are left out of pocket (because they paid for websites), and will go out of business.

So? What do you guys think? Admitting it's hard, but a determined person can create such a setup.

The idea is great only this is not going to make them stop, but it will make them more educated and improve their methods with time, I know most of these phishing sites do not work hard as they buy their templates most of the time copy the real site so it might not be that hard to recognize if they are real or fake so what I do to recognize that, is I use an extension that tells the number of traffic of that site.

If the traffic is not good, I mean under 100k, then I suspect the site and try to double check it to find the official site like galxe, etc.

It is very not hard but few experts to exploits them but how they going to get all of the money back even after hacking them like okay, they get some money back then how they going to refund it back, because the fraud money was big and the refund money was not the same but lesser!

[yhiaali3]

The idea seems good to me, but what is the guarantee that the idea will not turn into another trap over time?
I mean, if the idea succeeds, what is the guarantee that some scammers who claim to be able to return the stolen money will not do so, and thus the victims will fall victim to other scammers under the pretext of returning their money?

We will enter a maze that is difficult to get out of, but the idea may succeed if the government officially pledges to it so that it is the guarantee.

[examplens]

I've seen many good ideas that ended up turning into something opposite to what they were planned. Hacking scammer sites would be a good input, but I'm pretty sure it would end up as a version of a double scam, that is, a scammer to be scammed, but without compensating the injured party.
Plus, I don't know how much the authorities will be in favour of these methods. Ultimately, I don't think it's the best idea.

[TomPluz]

Maybe we should share this a group of ethical hackers as they are certainly experts on things related to scams and frauds especially in the cryptocurrency era. Now, on a personal level, the best thing to do is to avoid all these scamming sites by making sure you are dealing with the genuine ones. We have to triple check the URLs letter by letter so we can detect red flags. Now, there will always be victims of scams most especially the new entrants to this field and we can help them through education...as long as they know how to take advantage of the search function I think they can easily avoid becoming just another victim statistics.

[bitterguy28]

So? What do you guys think? Admitting it's hard, but a determined person can create such a setup.

I think this required someone that has technical knowledge to be able to run this or does it mean we can hire someone to run this set up for us? like I know, this is could be very hard for me to run it up, and of course any determined person who has technical knowledge can actually run it.

not only technical knowledge but this will require a heck ton of money you need devices to run this and if you want to start up a company with this concept there will be a lot to do and determination is not enough and honestly speaking even if something like this existed it would not completely erase all kinds of scams in the world there are too many methods and too many vulnerable people who would fall for said methods

[bayu7adi]

Then you need to get a database of exploits to use against those websites, hack them, and replace the scammers' address with a brand new address from a wallet you make. It works because most scammers buy very vulnerable site templates.

Sorry...Hack it? and change the address used by the fraudster to receive funds to our address? Isn't this dangerous for us, because it could be an indication of cooperation with the fraudster in question that will actually make us involved in the syndicate...

I know the intentions are good, wanting to save the people who were cheated, but why take 5%? Isn't that a bit excessive? In fact, it seems a bit cruel because it's like taking advantage of other people's difficulties to gain profit... I know that it's better to lose 5% than all of it, but on the other hand I feel that this kind of help is a bit contrary to some people's principles.

[SmartGold01]

So? What do you guys think? Admitting it's hard, but a determined person can create such a setup.

I think this required someone that has technical knowledge to be able to run this or does it mean we can hire someone to run this set up for us? like I know, this is could be very hard for me to run it up, and of course any determined person who has technical knowledge can actually run it.

not only technical knowledge but this will require a heck ton of money you need devices to run this and if you want to start up a company with this concept there will be a lot to do and determination is not enough and honestly speaking even if something like this existed it would not completely erase all kinds of scams in the world there are too many methods and too many vulnerable people who would fall for said methods

This is true mate, if we try to limit that of internet how then do we stop those of physical scam?
As we know it this could take a lot of time to be done and also to eliminate scam entirely is not that possible, scammers has their ways of having someone fall victim and when its known to them that there is a new development against scammers they would definitely think higher and explore different ways to continue their activities.

[Marivic27]

Ok guys so you know all those fake websites that pop around making people send transactions to the addresses in those sites and then lose their money?

I just thought of a way to stop those kind of things.

First you have to go through every registered domain and see which ones resolved from there you need to see which ones match heuristics that determine if it's one of those "fake websites" or phishing sites or not. Probably using an AI tool.

Then you need to get a database of exploits to use against those websites, hack them, and replace the scammers' address with a brand new address from a wallet you make. It works because most scammers buy very vulnerable site templates.

Then you'd form a company, perhaps in the USA, that specifically is for returning people's lost money. Make partnerships with regulators and all the blockchain investigators including ZachXBT so that victims who ask them for help are put in contact with you.

Then you can refund their stolen crypto like that. Perhaps keep a 5% commission in order to continue to finance scammed funds recovery. The scammers are left out of pocket (because they paid for websites), and will go out of business.

So? What do you guys think? Admitting it's hard, but a determined person can create such a setup.

It needs knowledge, a simple person that doesn't have enough knowledge will never know scams until they loss their money, that is why even if the experience person always say that we need to be careful but still there are a lot of loser because of scammer. So i think we cannot change the reality we don't have the same education some people are knowledgeable while some are not so there is always a victim of scammers.

[joniboini]

Hmm, I wonder if spending the time and money on education would be better. There will always be a new way for scammers to trick users, and trying to buy every domain and hack their used ones sounds too demanding with little to no guarantee that they won't patch it asap.

If people are aware not to send money to some random websites I'd assume the number of victims will decrease. No need for recovery if no money is lost.

[dave_strider]

Busting down the scammers sure sounds good, however - it would need lots of capital and determination, as you said.
Maybe said organization could make other moves, such as just educating people on the side of things, just so that there would be fewer cases to work with.
Other than that - great idea.

[Celph]

Ok guys so you know all those fake websites that pop around making people send transactions to the addresses in those sites and then lose their money?

I just thought of a way to stop those kind of things.

First you have to go through every registered domain and see which ones resolved from there you need to see which ones match heuristics that determine if it's one of those "fake websites" or phishing sites or not. Probably using an AI tool.

Then you need to get a database of exploits to use against those websites, hack them, and replace the scammers' address with a brand new address from a wallet you make. It works because most scammers buy very vulnerable site templates.

Then you'd form a company, perhaps in the USA, that specifically is for returning people's lost money. Make partnerships with regulators and all the blockchain investigators including ZachXBT so that victims who ask them for help are put in contact with you.

Then you can refund their stolen crypto like that. Perhaps keep a 5% commission in order to continue to finance scammed funds recovery. The scammers are left out of pocket (because they paid for websites), and will go out of business.

So? What do you guys think? Admitting it's hard, but a determined person can create such a setup.

Without backlashing this idea,i think its quite important and thoughtful ghat someone has brought about this issue while trying to provide a solution which is the most important.
  Other than that,i think it’s actually a good move but it doesn’t focus on what evolves around this particular plan.By “what evolves”  i mean boundaries attached and strings that needs to be pulled to achieve this goals.   
    Firstly, hacking these sites without unauthorized access or permission from the developers i guess its considered a crime as well.So therefore,those objective can’t be performed individually.Maybe an organization is required,and if possible, hacking these sites won’t be considered important as they have permission from the developers already to execute this missions.

Also while referring to the part where you mentioned about ising 5% to keep as a commision;5% basically is considered truly as an almost exorbitant amount as well as it sounds like leaching on the victims because they are vulnerable in wanting or retrieving back their funds they were scamed of also.
  The whole concept is funnily looking like a robinhood setting.

[dave_strider]

Hmm, I wonder if spending the time and money on education would be better. There will always be a new way for scammers to trick users, and trying to buy every domain and hack their used ones sounds too demanding with little to no guarantee that they won't patch it asap.

If people are aware not to send money to some random websites I'd assume the number of victims will decrease. No need for recovery if no money is lost.

It would still be pretty costly.
And it's hard to get through in some people's minds that not everything that glitters is gold on a plate.
Alas, it needs to be done, no matter how many times.

[albon]

Your ideas are valuable but i think it is possible to get rid of scam or to get a scam money from the law of a country. Suppose if you are a victim of scamming by a different country scammer then how can i get the money back? There are many country do not have crypto legal in so the government of that country may not help you.
The best way is to be aware of ourselves and not to pay money for anyone who believes in this crypto online. Moreover, identifying fraudulent emails, phishing, social engineering, and disguise and protect yourself from everything. Of course avoid activities that are at risk of your funds.