Calibra Mirror Site Lures People Into A Scam As Facebook’s Libra Wallet Already Attracting Schemers

Facebook’s Libra has been one of the biggest news in the last week. Most of our readers are educated about cryptos but it is not the case in the real world. For them, Libra is the first time they have heard of a “legitimate” virtual asset backed by one of the biggest names in tech. With any new product, there is bound to be scams that are designed to take advantage of uninformed people, Libra is no exception.

The website that is legitimate is, however, there is a fake site that has popped up over the weekend called the italicized “i”). The fake website is employing an approach that utilizes unicode characters, that look comparable to regular characters, to fool people into believing that the URL is right.

Looking at the details of the owners of the domain, it looks like that it is registered in Panama, the money laundering capital of the world. It is only 4 days old and is to expire on 21 June 2020. However, it is likely that the domain is being operated from Moscow, Russia.

When the original website actually asks you to “Get Started” with the currency and takes you to a coming soon page. However, the fake website has a call to action button that says Pre-Sale Libra Currency. The rates proposed for pre-sale of Libra is 2 ETH for 600 Libra tokens; roughly $600 with a 25% bonus. Whereas, 20 ETH tokens can get you 8000 Libra tokens.

People will need to be aware of potential Libra scams, such as shady exchanges offering the cryptocurrency for trade although it has not been released yet. If an individual or an exchange claims that you can buy Libra from them ahead of the actual release date, odds are pretty good that is a scam.

Presently, the Calibra wallet will not be available in China, Iran, North Korea, or India. Russia has also said it will not allow Libra to be used as a source of payment within their country. While Facebook has not revealed the payment methods needed to purchase Libra through the apps, it is reasonable to assume that a user will need a debit or credit card, especially as Visa and MasterCard have signed onto the project.

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