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In recent weeks, at least 9 Bitcoin QR code generator scam tools have been discovered. Harry Denley – a security researcher – posted on his Twitter with information about the identification of 2 domains hosting fraudulent applications that generate QR codes on March 22.

He then also identified seven other domains that share the same look and feel and surmised that they were all created by the same developer.

Bitcoin QR Code Generator Scams Steal Over 7 BTC

The malicious programs all promise to convert users’ Bitcoin addresses into QR codes and claim to eliminate the risk of losing funds due to typos when typing or sharing the user’s address.

Network of Fake Bitcoin QR Code Generators Stole $45,000 in March

However, the QR codes generated by these malicious programs always have the same address to transfer the victims’ funds to the scammers. It is theorized that there is a possibility that the QR code generators took more than 7 BTC from the victims’ apps to five different wallets.

The scam sites are bitcoin-barcode-generator.com, bitcoinaddresstoqrcode.com, bitcoins-qr-code.com, btc-to-qr.com, create-bitcoin-qr-code.com, free-bitcoin-qr- codes.com, freebitcoinqrcodes.com, qr-code-bitcoin.com, and qrcodebtc.com.

See more: No one can prevent the advent of the TON Blockchain

Bitcoin Transaction Accelerator Accumulates 17.6 BTC

About 450 websites are hosted on 3 different servers but it looks sketchy for some with Covid-19 related keywords, Gmail and several different cryptocurrencies.

The purpose of websites that help speed up Bitcoin transactions is in exchange for 0.001 BTC. The BTC addresses associated with the accelerators are said to have accumulated more than 17.6 BTC – almost $110,000.

Cryptocurrency scams take advantage of concerns about the Covid-19 epidemic

Scammers have taken advantage of the Covid-19 pandemic. The UK regulator, the Texas State Securities Commission and the US Commodity Futures Trading Commission issued warnings about the growth of crypto scams during the Covid-19 pandemic this past week.

Recent scams have also impersonated the World Health Organization in soliciting donations, and implemented in the form of an application to track the spread of the Covid-19 epidemic.

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