Scammers exploit Google platform to promote phishing site

The malicious actors have reportedly registered multiple domains mimicking Whales Market.

Google appears to be promoting a malicious crypto website that directs users to a phishing website clone that drains users’ crypto through Google Ads, an online advertising platform enabling businesses to showcase ads on Google’s search engine results pages.

According to a report by BleepingComputer, threat actors have discovered a method to advertise a counterfeit version of Whales Market, an over-the-counter (OTC) cryptocurrency platform facilitating the trading of airdropped tokens.

The report indicates that the fake version is being advertised as a sponsored link at the top of Google search results.

Read more