Google shows scam sites instead of CoinMarketCap

Google lists cryptophishing sites on top of the original CoinMarketCap site.

Binance CEO Changpeng Zhao (CZ) warned on Twitter that Google is displaying phishing pages when users search for CoinMarketCap. Binance Holding Limited, founded by CZ, is the parent company of CoinMarketCap.

CZ says these phishing sites affect users who add smart contract addresses to MetaMask using them. They are trying to contact Google to resolve this issue. But at the time of writing, the problem persists.

The phishing site is in the form of a Google ad. For security reasons, the user should verify the spelling in the link before blindly clicking on the first search result. It is even better to avoid clicking on the link that mentions “Advertisement.” Typically, the original link will be directly below the ad links, as shown in the screenshot.

crypto phishing: Binance CEO Changpeng Zhao (CZ) warned on Twitter that Google is showing phishing sites when users search for CoinMarket
Source: Google

Users lash out at Google

The users are frustrated and accusing Google of being the biggest fraud promoter on earth, using phrases like “Google is the surface web’s dark web.” Earlier, a user asked Google when they will address phishing that occurs with paid ads.

This issue only affects CoinMarketCap. Google too see you later a phishing site on top of SpookySwap, a DeFi platform. Users believe that Google encourages and exploits cryptophishing scam sites.

Crypto Phishing

Crypto users are frequent victims of phishing attacks. Last week, the crypto exchange Gate.io was compromised. The scammer promoted phishing scams. The attackers changed the official URL of the Twitter handle to gate.com from gate.io. The landing page promised a gift of $500,000 USDT.

In July, Uniswap V3 users lost over $8 million to a phishing attack. The attackers sent the malicious token UniswapLP to the victims. They were sent to a website that said they could exchange the malicious token with Uniswap (UNI). The site would then read sensitive information and steal funds from wallets. Attackers used Tornado Cash to launder the funds.

Earlier this year, movie star Seth Green lost four Bored Ape NFTs worth over $300,000 to a phishing attack. The theft happened when the actor tried to buy another NFT but connected the wallet to a scam website.

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