Scam ads posing as TradingView promotions arecirculating on Facebook, luring users with promises of free premiumsubscriptions and cryptocurrency bonuses. The company announced today (Wednesday) that the campaigns are fraudulent and often lead to malware that can compromisepersonal data.How the Scam OperatesTradingView says the fraudulent ads mimic its designand branding to appear authentic. Common tactics include offering a free annualsubscription or claiming a partnership with well-known companies such asBinance, with promises of free USDT.Clicking the ad typically redirects users to a sitethat closely resembles TradingView’s official platform. From there, visitorsare asked to download “special” software, which the company warns is actuallymalicious and built to steal sensitive information.The company stressed that it is not connected to these ads and that tradingview.com and its verified channels are the only reliable sources for its products and offers.TradingView advises users to avoid offers that appeartoo good to be true. The company warns against downloading “cracked” or“developer” versions of its platform, which are both illegal and unsafe.It also urges users to check web addresses carefully,steering clear of deceptive domains such as trading-view.com ortradingview-premium.net. Official desktop and mobile applications are availableonly via TradingView’s website and approved app stores.A Recurring ProblemFor those who have interacted with suspicious ads,TradingView recommends immediately changing account passwords, enablingtwo-factor authentication, scanning devices for malware, reviewing accountactivity, and reporting the case to its support team.This is not the first time the platform has facedimpersonation scams. In April, TradingView issued a similar warning over fakeYouTube channels posing as the company, which were used to distribute malwaretargeting cryptocurrency and personal data.Expect ongoing updates as this story evolves.This article was written by Jared Kirui at www.financemagnates.com.