Yesterday, Exogator, one of the largest crypto draining communities, shared an alarming new scam method. Exogator is projected to generate nearly $500 million this year, and their latest scheme involves a fully functional exchange system that allows users to trade cryptocurrencies without undergoing any KYC (Know Your Customer) or AML (Anti-Money Laundering) checks. The most concerning aspect of this scam is that it gives perpetrators control over when the stolen funds are redirected to them.
Scenario Breakdown:
- A scammer launches a well-designed website with strong SEO and a user-friendly interface.
- They embed an iframe from Exogator’s fake exchange platform.
- The exchange is set with a low withdrawal limit (e.g., $100), which acts as the "bait."
- Users can exchange smaller amounts of crypto—$30, $50, $40, $70, $90—successfully.
- However, when a victim attempts to exchange larger sums, such as $500 or $10,000, the funds are diverted directly to the scammer's wallet. The victim receives nothing in return.
This method has already begun to rake in substantial profits, draining over $50k monthly, and it’s becoming a widespread issue within the crypto community.
If you'd like me to create a detailed thread explaining exactly how this scam works, and how to use crypto draining tools, let me know in the comments. I'll be sharing insights from my 10+ years of experience, including how I've generated over $2.3 million in income.
Scenario Breakdown:
- A scammer launches a well-designed website with strong SEO and a user-friendly interface.
- They embed an iframe from Exogator’s fake exchange platform.
- The exchange is set with a low withdrawal limit (e.g., $100), which acts as the "bait."
- Users can exchange smaller amounts of crypto—$30, $50, $40, $70, $90—successfully.
- However, when a victim attempts to exchange larger sums, such as $500 or $10,000, the funds are diverted directly to the scammer's wallet. The victim receives nothing in return.
This method has already begun to rake in substantial profits, draining over $50k monthly, and it’s becoming a widespread issue within the crypto community.
If you'd like me to create a detailed thread explaining exactly how this scam works, and how to use crypto draining tools, let me know in the comments. I'll be sharing insights from my 10+ years of experience, including how I've generated over $2.3 million in income.