Beware of Crypto Scams: Stay Safe from QFS Network Backup Security!
Cryptocurrency has become one of the most popular ways to invest and manage finances, but with its rise, scammers have also upped their game. One of the latest scams making the rounds is QFS Network Backup Security (https://qfsnetworkbackupsecurity.com). This site is a rebrand of an old scam site called Quantum System Ledger Scam. Let’s break down why this site is a threat and how you can protect yourself.
Scammers keep using this same style scam website and then change the name of the company. They push there scams and then to stop they getting caught they then shut it down rebrand it and then relaunch again with a new URL and business name.
What Is the Scam?
The QFS Network Backup Security website tricks unsuspecting users into linking their cryptocurrency wallets by spreading false fear-based claims. They use the following tactics:
- Fear of Financial Loss: The site warns users of an imminent “new financial system” and claims that if they don’t back up their wallets through QFS, they could lose access to their cryptocurrency.
- Wallet Linking: Once users link their wallets, scammers gain unauthorized access, allowing them to steal funds directly.
Why Is It a Scam?
- Sole Purpose To Deposit with them: No detail in the site except telling you to deposit with them.
- Another Scam Site Reskinned: Same model scam site used over and over, they just change the design slightly so it looks new and give it a new name.
- No Actual Information on the Site: The site has been made to look like a real site but no actual information or creditability.
- Fake Claims: There is no financial system requiring you to back up your wallet through third-party sites. Keep your money in your own private wallet!
- Unauthorized Access: By connecting your wallet, you’re giving scammers access to your private keys and funds.
- Unverifiable Information: The site has no transparency, lacks credible contact details, and is designed to instill fear.
- False Business Address: The address they are using is for a Expert Swedish Tax and Accounting company.
- Service Links Don’t Work: The site tries to look legit by adding service information with clickable link but once again all links are dead links.
- No Business History: All legit businesses have some history or detail behind he business.
- AI Video Used to Promote: At first glace it looks good but once you play the video its just an AI generate person to make it look more professional.
How to Protect Yourself
- Never Link Your Wallet to Unverified Websites: Your wallet is your own wallet, you should keep it secure and make sure only you have access to it. Never share you password key phrases. These are for your eyes only.
- Do Your Research: If you hear alarming claims about your crypto wallet or assets, verify them with trusted sources in the crypto community.
- Enable Security Features: Use two-factor authentication (2FA) and strong passwords for all crypto-related accounts.
- Stay Informed: Scammers prey on lack of knowledge. Follow reputable crypto news sources to stay updated on potential threats.
What to Do If You’ve Been Scammed
If you’ve already connected your wallet to this site or a similar scam:
- Disconnect Your Wallet Immediately: Revoke permissions through your wallet’s settings.
- Transfer Remaining Funds: Move your funds to a secure wallet that hasn’t been compromised.
- Report the Scam: Report the incident to your local authorities and cryptocurrency exchange if applicable.
Check our my post about authorities you can contact in different countries click here!
Final Thoughts
The crypto space is an exciting frontier, but it’s also a hotbed for scams like QFS Network Backup Security Scam. Always be vigilant and trust only verified information. Remember, no legitimate platform will ask you to back up your wallet by linking it to their website and legitimate businesses do not contact you by direct message on social media.
Stay safe and share this post to help others avoid falling victim to this scam!
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Let’s get ahead of the scammers and keep people safe!
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