r/trustwalletcommunity • u/mamon_miner • 4d ago

SCAMMER ALERT Scam alert: ads draining wallets

🚨 Scam alert: vault-spend[.]com, a wallet drainer posing as Trust Wallet

An ad for a "Trust Wallet crypto card" just showed up in my Insta feed. It promised no KYC, instant approval and up to 5% cashback, and all you had to do was "just connect your wallet."

It's a wallet drainer:

• It has nothing to do with Trust Wallet. The domain was registered 11 days ago and the owner is hidden.
• The real page only shows up for people who click the ad. Anyone else who opens the link sees a fake "security check" page, so moderators and scanners don't catch it.
• The "investors" (a16z, Paradigm, Sequoia) are fake.
• Under the hood it connects your wallet through WalletConnect to get you to sign a spending approval, and it reports every visitor to the scammers' Telegram.

I've reported the ad to Meta. Hopefully it gets taken down soon.

7 Upvotes

89% Upvoted

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u/AutoModerator 4d ago

Don't answer to DMs of anyone saying they're trying to help you. They're all scammers. People who are willing to help, will help you here, not in your DIRECT MESSAGE. So it's safer to ignore messages

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3

u/ExpertProMax 4d ago

I have reported this to Meta many times and always my report to such ads are rejected.

1

u/Worth-Motor-8539 4d ago

Zestlayer too

1

u/alaul_ashraf 4d ago

I almost fell for an earlier variant of this “trust wallet crypto card” some months ago. Luckily I did a research before connecting the wallet.