This model is not new. It follows the legacy of older cracking tools like KMSpico (for Windows/Office) or Activators . However, modern loaders like Exloader have evolved—and not for the better.

The domain exloader.net was blocked by Malwarebytes because it was associated with a Trojan. Malwarebytes

Depending on the variant and the date of download, Exloader has been observed delivering several types of malware: