A long-running malvertising operation dubbed SourTrade has been targeting retail traders and cryptocurrency users with fake ads and spoofed sites impersonating TradingView, Solana, and Luno. Researchers said the campaign has operated since late 2024 across 12 countries and 25 languages, selectively serving malicious pages to intended victims in regions including Asia-Pacific, Latin America, Africa, Australia, and Great Britain while showing analysts and bots blank or benign content through cloaking.
Instead of delivering a static payload, SourTrade uses a browser-side assembly chain to build a unique Windows executable on the victim system. The landing page provides build instructions, retrieves a clean Bun runtime from separate infrastructure, generates additional bytes locally with AES-CTR, and uses browser features such as ServiceWorker and SharedWorker to assemble the final malware in memory before triggering a same-origin download. Researchers said the approach frustrates static hash-based detection, file fingerprinting, and simple network-log review, and noted the campaign has abused advertising ecosystems linked to Google, Meta/Facebook, and X/Twitter while publishing malware hashes and domains as indicators of compromise.

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Confiant reported that in April, the SourTrade malvertising campaign changed its malware delivery method, abandoning use of the StreamSaver GitHub project in favor of a same-origin ServiceWorker technique. The shift reflects an operational change in how the campaign assembles malware locally in victims' browsers.
On July 24, 2026, Cyber Security News reported on SourTrade and noted that the report included multiple malware hashes and a large set of associated domains as indicators of compromise for defenders.
On July 23, 2026, Confiant published a report detailing SourTrade's browser-side malware assembly chain, cloaking behavior, impersonation of TradingView, Solana, and Luno, and abuse of advertising ecosystems tied to Google, Meta/Facebook, and X.
Confiant and Cyber Security News describe SourTrade as a long-running malvertising campaign active since late 2024, targeting retail traders and cryptocurrency users with fake ads and spoofed trading or exchange websites.
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