Bitcoin BTC Collector is a Malware

The “Bitcoin BTC Collector” program with an enticing offer of up to $45 worth of free cryptocurrency each day is currently doing the rounds on Internet, but the experts say to be wary of it as the app is a virus designed to infect your system with ransomware or password-stealing malware.

The scam, proliferates through a series of sketchy websites, with an enticing offer of a chance to earn 3 Ethereum (about $800 at the time of writing) in exchange for referring 1,000 visits through a referral link, but that is a decoy.

The same websites also contain ads to software which generates “BTC for FREE” with the “Bitcoin Collector” app.

The ads lead to another website promoting the Bitcoin Collector app. Interestingly, BleepingComputer notes the scammers even included a link to virus monitoring platform, VirusTotal, to trick visitors into believing the software is safe to use.

Once installed though, the app goes on to infect your system with either ransomware or a password-stealing Trojan.

When installed, the app straightaway infects the victim's system with ransomware or a Trojan.

According to BleepingComputer, this deceiving scam was brought to light by a security researcher who goes by the nickname Frost.