Two individuals, Varun Yadav in London and a man in Bengaluru, fell victim to a cryptocurrency scam orchestrated by individuals they met on matrimonial websites. The fraudsters lured them into investing in a platform called deuncoin.com. The scam involved manipulating investors to deposit increasing amounts of money, falsely showing gains, and then preventing withdrawals by citing suspicious activity. The scammers further urged victims to invest more for various reasons, creating a cycle of financial loss. Legal remedies include seeking immediate legal assistance or contacting law enforcement agencies' cyber cells, filing a fraud case against the perpetrators, and gathering evidence such as communication data and transaction details to strengthen the case. Investors are advised to be cautious and vigilant against such scams.Modus operandi of the crypto scam on Deuncoin:I.) You are caused to create an account at the likes of Deuncoin. You invest money to buy crypto tokens. The account shows that you own a certain range of tokens or even small withdrawals are permitted.II.) Upon seeing the increase in the portfolio, the gullible investor may get incentivized to invest more. At this stage, the investor is even allowed to withdraw gains.III.) But soon later, losses start to mount due to the manual manipulation carried out on the platform. The investor receives caused to invest extra cash to recoup losses. “No remember how efficiently you invest, your account might show losses because of the manual manipulation they do at the platform. IV.) However, when you need to withdraw a part of your portfolio, customer care would give lame excuses such as your account witnessed suspicious activity.V.) customer care would prompt you to invest a big sum directly from your bank account to complete the verification so that the withdrawals can be restored.VI.) In fact, there is no suspicious activity and urging the investor to invest more money is a ploy to extract an extra pound of flesh. An investor should view this request merely as a `red flag`.VII.) The Deuncoin representative might create a faux sense of urgency to invest more money before withdrawals are allowed. For instance, the investor would be told to invest ₹20 lakh within 24 hours to prevent the account from being completely frozen.VIII.) Even after investing extra cash, the company representative would continue to urge the investor to invest more money in the name of capital gain tax or something else. IX.) Under no circumstances, they allow depositors to withdraw any cash. The more you invest, the bigger the scam you emerge as vulnerable to. Legal remedies available In case this happens to an investor, it is advisable to search for instantaneously legal help or approach the cyber cell of regulation enforcement agencies. The affected party have to consider filing a fraud case against the wrongdoers. The collection of substantial evidence, including communication data and transaction details, can significantly strengthen the case." #Write2Earn #ScamAwareness #alert #TrendingTopic #BTC

Binance will delist privacy coin Monero (XMR) in conjunction with a handful of other assets on February 20. The XMR price dropped 17% on the information and is presently trading for $138.00, in step with CoinGecko data. With a market capitalization of $2.6 billion, it`s easily the biggest asset among the others being delisted. The different cash encompass Aragon (ANT), Multichain (MULTI), and Vai (VAI).Aragon is a code-loose DAO introduction and control platform that permits customers to distribute tokens, authorize wallets for voting, and installation governance rules. Vai is the local token of the Venus Protocol, a decentralized stablecoin issuer.Multichain, which allows customers bridge belongings and NFTs throughout a couple of blockchains, made headlines final 12 months when $126 million really well worth of price range all at once disappeared. Not lengthy after, blockchain evaluation corporations cautioned it may were an inner job. A week later, police in China showed that that they'd the crew's CEO in custody and the last crew stated they have been with out get right of entry to to the protocol due to the lacking exec.All that to mention there would not appear to be any individual topic linking all of the quickly to be delisted tokens together. Several motives have been indexed why the tokens have been flagged for delisting, together with buying and selling extent and liquidity, balance and safety, public communication, and proof of unethical or fraudulent behavior."Binance quoted When a coin or token not meets the standard, or the enterprise changes, we behavior a closer overview and probably delist it.The crypto exchange, the biggest withinside the international with the aid of using day by day buying and selling extent, recommended that any deposits after the Feb. 20 delisting will now no longer be credited to consumer accounts. But withdrawals of the tokens can be supported thru May 20, the organisation stated. #Write2Earn #etf #TrendingTopic #BTC #BinanceSqaure

Der Vorfall ereignete sich nur wenige Wochen, nachdem Coinbase-Direktor Conor Grogan behauptet hatte, er habe mehrere Wallets entdeckt, bei denen es ein Muster gab, Token wenige Minuten vor ihrer Listung bei Binance zu kaufen und sie dann nach der Ankündigung zu verkaufen.Grogan spekulierte, dass es sich bei den Wallets um einen „mit dem Listing-Team in Verbindung stehenden abtrünnigen Mitarbeiter“ handeln könnte, der über Informationen zu neuen Token-Listings verfügt, oder um einen Händler, der Lecks beim Scheckaustausch an der Börse entdeckt hat.In ihrem aktuellen X-Thread kündigte Yi He an, dass die Börse ihren Token-List-Prozess überarbeiten werde, einschließlich einer Belohnung von bis zu fünf Millionen US-Dollar für verifizierte Fakten über korruptes Personal – womit die potenziellen Gewinne aus dem „Rattenlager“ übertroffen würden.