HashDit team has detected a trading/mining site “ertudite.com” engaged in a pig butchering scam. 

Our Advice: Stay Away! It’s definitely a scam!!! 

We suggest using our HashDit Chrome Extension to protect your wallet.

[https://chromewebstore.google.com/detail/hashdit/coegijljhiejhdodjbnlglffjomlbgmi]


#TrendingTopic #BTC #ETH #Memecoins

Concerning Facts: 

  1. The site claims that its “full range of products help you play with web3 encryption currency”

  2. The website name doesn't match its URL and was recently created. 

  3. The reviews listed on the main page are all fake.

  4. They claim to be partners of Metamask/Trust Wallet and many other famous companies.

  5. They offer AI/Quantitative trading options to entice users into investing funds.

Red Flags:

  1. If you interact with the contracts on their pages, it creates an off chain signature request[a permit request]. 

  2. This signature can be used later to deprive you of your assets.

  3. The spender in this request is an Externally Owned Account.

  4. Spender: 0x4dac76e68e71250bb982b292ee30968575fbe4c9 [Etherscan]

  5. Reviewing the transaction history of the spender we can see a large number of permit calls authorizing the address to spend USDC.

  6. The trick used by the scammer here is that the scammer employs multiple wallets to send minor amounts of funds to the victims wallet simulating profits generated. 

  7. This entices the victim to add/spend more funds leading to huge losses for them.

  8. The loss is only realized once large amounts have been spent in “trading” or more accurately, stolen by the scammer. 

E.g.: https://etherscan.io/tx/0xdfb311735c3855d8ba0b007d472f8c22b04731eddbe77cd2cb7aca13cd64481b

0x4DaC76e68e71250bb982B292ee30968575fbE4C9 is authorized to spend 100 trillion USDC until the deadline of 2,625,150,269,000.

Some examples of the scammers supportive Wallets: 0x3d3ba959ae229b2a1992925c0c5e2309e51fc474,0x1eA195af7903D295Fa4F2Cc9dEA43424D5a24F17

Hashdit Warning:

Always #DYOR! FOMO can lead to rash and regrettable decisions!!!