FBI warns of hackers creating fake earn-to-play games

 

The FBI has released a statement that warns of hackers using fake rewards in play-to-earn Web3 games to hack players.

 The report also contains a series of steps that users need to follow to prevent being scammed.

  • The multi-stage hacking campaign works as follows: The hackers introduce victims to an online game in which players are promised they will earn cryptocurrency rewards in exchange for completing specific actions.
  • In order to participate in the games, the victims are told to buy cryptocurrency and create a crypto wallet.
  • Once the victims download the game, they have unknowingly downloaded malware that enables the threat actor to have control over their wallet.
  • The scammers then tell them that they can win more rewards the more cryptocurrency they transfer to their wallet.
  • Hackers then steal the funds from the targets and promise to recover them in exchange for a fee.
  • After the fee is paid, the hackers do not give back the wallet and do not reach out to the victims anymore.

  • A record-breaking $3B was stolen through cryptocurrency scams in 2022.

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