The “$XOS Airdrop” Cryptocurrency Drainer Scam

The world of cryptocurrency continues to be plagued by scams, with fraudsters taking advantage of unsuspecting users eager to earn free crypto. One such fraudulent scheme is the fake “$XOS Airdrop” website, which masquerades as part of the legitimate XOS network (x.ink) to drain victims’ cryptocurrency wallets.

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Fake “$XOS Airdrop” Website Overview

The “$XOS Airdrop” scam is a cryptocurrency drainer designed to steal digital assets from unsuspecting victims. Fraudsters promote this deceptive website through various means, including social media spam, rogue advertisements, and potentially unwanted applications (PUAs). Once a victim connects their wallet to the fraudulent site, they unknowingly sign a malicious contract that allows the attackers to siphon funds from their account.

Threat Summary

Attribute	Details
Name	“$XOS Airdrop” Crypto Drainer
Threat Type	Phishing, Scam, Social Engineering, Fraud, Cryptocurrency Drainer
Disguise	XOS Network
Related Domains	xos.app-wallets[.]com
Detection Names	CRDF (Malicious), VirusTotal Full List Available
Serving IP Address	172.67.194.216
Distribution Methods	Compromised websites, social media spam, rogue online pop-up ads, potentially unwanted applications (PUAs)
Damage	Monetary Loss

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How Does the “$XOS Airdrop” Scam Work?

1. Fake Airdrop Promotion: The scam is promoted through compromised websites, misleading social media ads, and pop-ups that direct users to xos.app-wallets[.]com.
2. Wallet Connection Request: Victims are prompted to connect their cryptocurrency wallet to claim their “free airdrop.”
3. Malicious Contract Execution: Once connected, a smart contract is silently executed, granting cybercriminals access to the user’s funds.
4. Automated Draining: The fraudulent contract transfers digital assets to the attackers’ wallets, often using transaction obfuscation techniques to avoid detection.
5. Irreversible Transactions: Due to the decentralized nature of blockchain transactions, stolen funds cannot be recovered, leaving victims with no recourse.

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How to Remove the “$XOS Airdrop” Scam from Your Wallet

If you have interacted with the fake “$XOS Airdrop” website, immediate action is necessary to minimize losses. Here’s what you should do:

Revoke Malicious Smart Contract Permissions

• Use Etherscan or BscScan:
  • Go to Etherscan Token Approvals (for Ethereum-based tokens) or BscScan (for Binance Smart Chain tokens).
  • Connect your wallet and check for any unauthorized approvals.
  • Revoke access to any suspicious contracts.
• Use Wallet Management Tools: Metamask, Trust Wallet, and other popular wallets offer a “Revoke Permissions” feature within settings.

Move Funds to a New Wallet

• If your wallet was compromised, consider transferring your remaining funds to a new, secure wallet.
• Do not reuse private keys or seed phrases from the affected wallet.

Scan for Malware on Your Device

• Use reputable anti-malware tools, such as SpyHunter, to check for keyloggers or malicious extensions.

Report the Scam

• Report the fraudulent website to authorities such as the Federal Trade Commission (FTC), Crypto Scam Alerts, and your crypto wallet provider.
• If you lost a significant amount, consider seeking legal assistance.

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How to Prevent Cryptocurrency Drainer Scams

Avoid Connecting Wallets to Unverified Websites

• Always verify website URLs before entering sensitive information.
• Double-check with official sources (Twitter, Discord, or official project sites) before participating in airdrops.

Enable Security Features on Your Wallet

• Use hardware wallets like Ledger or Trezor for added security.
• Enable two-factor authentication (2FA) where applicable.
• Regularly check and revoke unnecessary smart contract approvals.

Be Cautious of “Free Crypto” Promotions

• Scammers often use lucrative offers to lure victims.
• If an airdrop requires you to connect your wallet or approve a transaction, it is likely a scam.

Use a Dedicated Wallet for Airdrops

• If you frequently participate in crypto airdrops, maintain a separate wallet with limited funds to minimize risks.

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Conclusion

The “$XOS Airdrop” scam is a well-crafted cryptocurrency drainer designed to steal digital assets from unsuspecting victims. With crypto scams on the rise, users must remain vigilant, verify sources, and implement strong security measures to safeguard their funds.

If you have fallen victim to this scam, act quickly by revoking contract permissions, transferring funds to a secure wallet, and reporting the incident to relevant authorities.