Kopyex Crypto Scam
Kopyex.com is a deceitful cryptocurrency trading platform currently being advertised through an intricate scheme involving celebrities on social media. Through the use of deepfake or voice-modified videos, scammers impersonate prominent figures such as Cristiano Ronaldo, Elon Musk, Bill Gates, Mark Zuckerberg, and Drake to deceive fans into depositing Bitcoin.
The scheme operates by circulating misleading videos across platforms like YouTube, TikTok, and Facebook. In these videos, the deepfake celebrities promote a supposed Bitcoin giveaway opportunity in partnership with Kopyex.com.
They provide detailed instructions for viewers to register on the website and enter a promotional code, such as “CR7” or “Tiktok11”, to receive free Bitcoin funds in their account.
Upon entering these codes and registering, victims see a balance of approximately 0.31 BTC credited to their Kopyex dashboard. However, when attempting to withdraw the funds, they encounter a message stating that a minimum deposit of 0.005 BTC is required to activate withdrawal capabilities.
This deposit requirement deceives unsuspecting users into sending genuine Bitcoin payments, which the scammers promptly abscond with. In reality, the Kopyex platform and the celebrity-endorsed crypto giveaway are entirely fictitious.
The fraudulent nature of the Kopyex platform and the cryptocurrency giveaway becomes evident when the site vanishes after amassing sufficient funds, leaving victims with no recourse to reclaim their money.
By exploiting the public's trust in personalities like Cristiano Ronaldo, Elon Musk, Bill Gates, Mark Zuckerberg, and Drake, the scammers lend legitimacy to the notion that viewers can obtain free Bitcoin. However, it is, in fact, an elaborate scam engineered to pilfer cryptocurrency deposits.
How the Kopyex Scam Works
The Kopyex Bitcoin Promo Code Scam operates through a sophisticated blend of convincing deepfake videos, psychological manipulation, and technical deceit orchestrated by the criminals behind Kopyex.com. Here is an in-depth breakdown of the process:
Step 1: Creation of Fake Celebrity Endorsement Videos
Utilizing advanced artificial intelligence video editing technology, the scammers generate deepfake videos portraying celebrities such as Cristiano Ronaldo, Elon Musk, Bill Gates, Mark Zuckerberg, or Drake endorsing the Bitcoin giveaway and Kopyex platform. Two primary methods are employed:
Deepfake: This employs AI algorithms to seamlessly substitute the celebrity's face and voice, rendering the videos incredibly authentic.
Voice dubbing: Actual interview footage is utilized, with voice mimicry software altering it to make it seem as though the celebrity is endorsing statements they have not actually made.
Both techniques enable the scammers to produce compelling footage wherein the celebrities appear to be directly addressing viewers, guiding them on how to acquire free Bitcoin on Kopyex.com.
Step 2: Dissemination of Deceptive Videos on Social Platforms
The counterfeit celebrity endorsement videos are extensively distributed on platforms like YouTube, TikTok, Instagram, and Facebook through two primary methods:
Paid ads: Fraudsters purchase video ads targeting users interested in cryptocurrency, investments, or the featured celebrities.
Hashtag campaigns: Scammers employ relevant celeb/crypto hashtags to attempt to make the videos gain traction within those communities.
By ensuring widespread distribution, the scam videos have a heightened likelihood of reaching potential victims.
Step 3: Channel Viewers to Kopyex.com
All fraudulent videos contain links directing viewers to the Kopyex.com website. While the site may initially appear professional, it is, in reality, a complete scam operation designed solely to collect deposits. No genuine cryptocurrency trading or exchange activities occur, and the platform's displayed balances are fabricated.
Step 4: Encourage Viewers to Utilize Promo Codes
Following the instructions provided in the fake celebrity videos, users visit Kopyex.com and input the specified promo code during registration, such as “CR7” or “TIktok11.” Inputting these codes purportedly adds a deposit of approximately 0.31 BTC to the user’s account dashboard, creating the illusion that the promo code has provided them with free Bitcoin.
Step 5: Impede Withdrawals Until Deposit
When users endeavor to withdraw these funds to an external wallet, a message insists that they must first make a deposit of 0.005 BTC to “activate” withdrawal functionalities. This stratagem dupes victims into depositing genuine cryptocurrency into the scam site, under the guise of completing ID verification.
Step 6: Appropriation of Deposits and Suspension of Accounts
Once the scammers have amassed a sufficient quantity of genuine Bitcoin deposits, they abruptly deactivate all user accounts and take the Kopyex site offline. Consequently, the victims’ funds are stolen.
