Gyrabit.com – is it a scam or just a tool for deception?

We have encountered a fraudulent scheme that uses a new site for us – gyrabit.com.
So we want to figure out – is this site gyrabit.com – is it a scam or just a tool for deception?

We have updated and clarified the article.
Therefore, we can confidently say – “cryptoplatform” Gyrabit.com (“The most secure trading platform in the world”) –  actualy is a scam site 

The fraud scheme consists of several events.

1. You sell a digital product.

You put your digital product up for sale on the digital products market. At some point, someone starts to be interested in your product. The scammers also have access to the sites where digital products are posted for sale and they are registered on these sites.

It is on the sites where digital products are sold that the scammers work and look for their victims.
Please note! The scammers are looking for victims who sell only a digital product. The scammers are looking for victims whose product is protected only by a password. After all, the password can be easily changed and easily remove the former owner’s ability to access their digital product.

2. The scammer writes to you that he is interested in your product and is ready to buy it.

The scammers carefully study the platform where digital products are sold. They are looking for potential sellers. But only on one condition – you must have a bitcoin wallet.

They will find out from you whether you have a bitcoin wallet.gy

How do they find out about this? They offer a high price for your product. And then they say that all their money is in crypto assets, for example, bitcoins. And they ask – is it convenient for you if they pay this high price through bitcoins? Of course, you agree.

 

3. You are preparing to sell your product to a new owner.

As a rule, selling a website is not a difficult matter. To do this, you need to create a new account with the host and registrar and transfer all the assets there for sale. It is the password to the new hosting that will be transferred to the new owner upon sale.

 

4. Payback time.

When you say that you are ready to transfer the digital asset, the fraudulent buyer asks for your wallet number. You send him a wallet.
A couple of minutes later, he reports that the payment is impossible, because this wallet is “bad”. It is not registered in the system for payment.
Of course, this is a lie! Information – any honest system that works with cryptocurrency can receive and send any cryptocurrency from any crypto wallet.
The goal of the scammers in this scheme is two things:
– your digital asset
– your crypto wallet.
Our scammer tell you to register on https://gyrabit.com
If you look at this site through the Who is? service, we will see that this is not an official company. We will see that the data is hidden.

 

That is, this is a fraudulent site and not an official company.
The official exchange does not hide its information.

 

 

 

5. How did they want to steal?

It’s simple.

They control this scam sitehttps://gyrabit.com

They have access to your all information, when you registered on their scam site.

The scammer plays his role to the end: he pretends that he received an error from the system. He invites you to the system. He wants to complete the transaction as soon as possible. He offers to register on https://gyrabit.com and make a transaction.

What is the risk?
The risk is quite simple – you lose both your digital product and your crypto wallet.
As you know, any wallet has a secret phrase. This is what the system will ask for during registration. It is at this moment that the scammers gain access to your wallet.
When they gain access to your secret phrase, they can actually transfer you the amount for your product. This is done so that you give them the password and login for this product.

And you suspect nothing. You registered on a fraudulent site that looks like one of hundreds of crypto exchanges. Seeing that you have been transferred money, you send the scammer the password and login for your product.

So.

The scammers have a password and login.
The scammers have your secret phrase for your crypto wallet.
The scammers change the password for the digital product. (Now you have no access to it)
Scammers withdraw all the money from your crypto wallet. Usually right after changing the password of your product. Such a rush is needed so that you yourself cannot spend these bitcoins.

Conclusion.

Never use cryptocurrency exchanges that you just heard about. And whose data is hidden in the “Who-is” service.

 

Never use services that allegedly “have errors when paying” to a bitcoin wallet that is not registered with the fraudulent cryptocurrency exchange.
Remember that scammers will improve this scheme over time.

Therefore, use well-known and official sites.

Do not plan transactions with people who offer this site – https://gyrabit.com/ – for transactions. They are scammers. 100% !

 

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