#Phishing Alert: Orbiter finance scamming people with fake website

On April 18th, according to PeckShield monitoring, orbiter [.] finance is a phishing website and not the official website of Orbiter Finance. In the past 4 hours, scammers have sto

#Phishing Alert: Orbiter finance scamming people with fake website

On April 18th, according to PeckShield monitoring, orbiter [.] finance is a phishing website and not the official website of Orbiter Finance. In the past 4 hours, scammers have stolen approximately 38.4 ETH from approximately 50 victims and exchanged these ETHs for 79800 USDTs.

PeckShield: orbiter [.] finance is a phishing website where scammers have stolen approximately 38.4 ETHs

##Introduction
Phishing is a common cybercrime that has become a serious threat to the online world. Attackers send fraudulent messages to trick users into giving them sensitive information. The recent phishing attack on Orbiter Finance has caused havoc in the cryptocurrency community. In this post, we will discuss how the fake website of Orbiter Finance is scamming people and stealing their ETHs.
##What is Orbiter Finance?
Orbiter Finance is a decentralized platform that allows users to pool and stake their assets. The platform is built on the Binance Smart Chain (BSC) and offers users high APYs. The project has gained a lot of attention in the decentralized finance (DeFi) space due to its unique features.
##How does the scam work?
Scammers have recently created a phishing website that looks identical to the official Orbiter Finance website. They are using various tactics to lure people into the scam. They are reaching out to potential victims through various social media platforms, including Twitter and Telegram, and encouraging them to visit the fake website.
Once a victim visits the fake website, they are prompted to connect their BSC wallet to the platform. Once the wallet is linked, the victims are encouraged to deposit Ethereum (ETH) into the platform. This money goes directly into the scammers’ wallets, and the victims’ wallets are emptied.
##The aftermath of the scam
On April 18th, according to PeckShield monitoring, Orbiter [.] finance is a phishing website and not the official website of Orbiter Finance. In the past 4 hours, scammers have stolen approximately 38.4 ETH from approximately 50 victims and exchanged these ETHs for 79800 USDTs. This is a significant loss for the victims, and it highlights the importance of being cautious when dealing with any cryptocurrency project.
##How to stay safe from phishing attacks
To avoid becoming a victim of phishing attacks, it is essential to be cautious when dealing with any financial project. Always research the project thoroughly, and do not trust any unsolicited messages that appear on social media platforms. Always ensure that you are dealing with the official website and not a fake copy. Additionally, do not link any wallets that contain funds to unknown platforms.
##Conclusion
Phishing attacks are becoming more common in the cryptocurrency space. The recent scam on Orbiter Finance is a sobering reminder of the importance of staying vigilant in the online world. Always be cautious and do your research before engaging with any cryptocurrency project. Remember to only link your wallet to known and reputable platforms to avoid becoming a victim of phishing attacks.
##FAQs
Q1. What is phishing?
A. Phishing is a cybercrime in which attackers trick users into giving them sensitive information.
Q2. How do I avoid becoming a victim of phishing attacks?
A. Always research the project thoroughly, and do not trust any unsolicited messages that appear on social media platforms. Additionally, only link your wallet to known and reputable platforms.
Q3. Can I recover my funds if I become a victim of this type of scam?
A. Unfortunately, it is unlikely that you will recover your funds once they are stolen. Therefore, it is essential to take all necessary precautions to avoid such situations.

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