Soneium Crypto Scam Exposed by Scam Sniffer on Google Ads

Soneium Crypto Scam Warning Issued by Scam Sniffer

A recent investigation by Scam Sniffer, a leading blockchain security firm, revealed that a Google ad targeting users searching for Sony’s Soneium blockchain was actually a cleverly disguised crypto wallet drainer. On October 22, Scam Sniffer posted on X (formerly Twitter), alerting users to a phishing scam associated with the search term “someium.” The ad redirected users to a malicious site designed to steal cryptocurrencies from unsuspecting visitors.

How a Simple Typo Led to a Wallet Drainer

According to Scam Sniffer’s findings, a simple typo in the search for "Soneium"—spelling it as "someium"—led users to a fraudulent site. The scam was particularly effective because of the precision in which the ad appeared. Users searching for “someium” were met with a sponsored link posing as the Soneium blockchain. However, upon clicking, they unknowingly landed on a phishing site equipped with a crypto wallet drainer, ready to steal funds from their wallets.

Covert Techniques Used to Avoid Detection by Google

The creators of the malicious ad used sophisticated techniques to avoid detection by Google’s security measures, making it difficult for Google to flag the ad as dangerous. Scam Sniffer explained that these tactics were designed to hide the phishing page unless users were specifically targeted. Google has yet to respond to questions regarding the alleged phishing attack, leaving room for concern over the potential vulnerability of users who rely on Google’s ad system.

Soneium: The New Target for Crypto Phishing Scams

Soneium, an Ethereum layer 2 blockchain developed by Sony Block Solutions Labs—a collaboration between Sony and blockchain firm Startale Labs—became a prime target for cybercriminals. The blockchain went live on its testnet in August, and its growing popularity has made it a lucrative target for phishing scams. Scam Sniffer previously reported that in September alone, over $46 million worth of cryptocurrency was stolen through phishing scams, with Ethereum wallets being the most targeted.

The Rise of Phishing Scams in the Crypto Space

The report from Scam Sniffer is a stark reminder of the growing threat of phishing scams in the cryptocurrency space. In the third quarter of 2024, over $127 million worth of crypto assets were stolen through similar methods. Scammers often buy domain names that mimic the URLs of popular crypto brands and protocols, making it difficult for users to spot the difference. The need for enhanced security and vigilance among crypto investors is more crucial than ever.

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