FraudAlert
13,066 views
13 Posts
Hot
Latest
💰🔒 Hacker Offers Consolation: $14M Refund for $71M Crypto Loss! 💸💔
In a surprising turn of events, the hacker behind one of the largest crypto frauds recently seen made a partial refund of $14 million to the victim who lost 1155 WBTC, valued at $71 million. The repayment, made in 4676 ETH installments, marks a significant development in the aftermath of the elaborate trap.
The incident underscores the growing prevalence of traps targeting user oversight in the crypto realm. In this case, the victim intended to transfer 1155 WBTC to a self-created address. However, the hacker, keenly observing the user's actions, replicated a similar address by mirroring the initial and final characters.
By subtly inserting this fraudulent address into the victim's transaction history, the hacker managed to divert the entire WBTC sum intended for the original address. Had the user meticulously scrutinized the address, the mishap could have been averted. Unfortunately, a simple copy-paste transaction led to a staggering $71 million loss.
Stay vigilant, crypto enthusiasts, and exercise utmost caution to safeguard your assets! 🔍💡
#CryptoSecurity #FraudAlert #StayVigilant $BTC $ETH 🚀🔒
In a surprising turn of events, the hacker behind one of the largest crypto frauds recently seen made a partial refund of $14 million to the victim who lost 1155 WBTC, valued at $71 million. The repayment, made in 4676 ETH installments, marks a significant development in the aftermath of the elaborate trap.
The incident underscores the growing prevalence of traps targeting user oversight in the crypto realm. In this case, the victim intended to transfer 1155 WBTC to a self-created address. However, the hacker, keenly observing the user's actions, replicated a similar address by mirroring the initial and final characters.
By subtly inserting this fraudulent address into the victim's transaction history, the hacker managed to divert the entire WBTC sum intended for the original address. Had the user meticulously scrutinized the address, the mishap could have been averted. Unfortunately, a simple copy-paste transaction led to a staggering $71 million loss.
Stay vigilant, crypto enthusiasts, and exercise utmost caution to safeguard your assets! 🔍💡
#CryptoSecurity #FraudAlert #StayVigilant $BTC $ETH 🚀🔒
🚨 Breaking News: Jeonbuk Police Cyber Crime Investigation Unit arrests Mr. A and three others for operating a false 'virtual asset leading' site, swindling billions of won from 54 victims recruited through social networking services (SNS). The organization allegedly deceived investors with promises of high profits and false claims of success in a specific virtual asset exchange. Charges include violating the Act on Aggravated Punishment for Specific Crimes (fraud). 🕵️♂️💔💸 #FraudAlert #CyberCrimeArrests
"Protecting Users: Binance's Collaboration to Combat Investment Scams"
Lily fell victim to a scam promising a 30% return on investment through a website called jobhive.top. She was repeatedly asked to complete tasks and make payments using her bank account, with the final payment requested to be made through Binance using cryptocurrency. Despite being asked for more funds multiple times to receive her earnings, Lily reported the fraudulent address, "TL935sLWmLK9siHiSUEfZmQ2zooiAbNwyV," to us. This address was then added to Binance's blacklist, preventing over 50 users from falling victim to the scam. Binance collaborated with leading Web3 security firms to establish a comprehensive global address database, helping users avoid sending funds to risky addresses.
#blacklists #binance #InvestmentDecision #FraudAlert #scammeralert
Lily fell victim to a scam promising a 30% return on investment through a website called jobhive.top. She was repeatedly asked to complete tasks and make payments using her bank account, with the final payment requested to be made through Binance using cryptocurrency. Despite being asked for more funds multiple times to receive her earnings, Lily reported the fraudulent address, "TL935sLWmLK9siHiSUEfZmQ2zooiAbNwyV," to us. This address was then added to Binance's blacklist, preventing over 50 users from falling victim to the scam. Binance collaborated with leading Web3 security firms to establish a comprehensive global address database, helping users avoid sending funds to risky addresses.
#blacklists #binance #InvestmentDecision #FraudAlert #scammeralert
🚨 A new voice phishing scam targeting victims who have already fallen victim to stock and coin fraud impersonates employees of a prominent virtual asset exchange. The fraudsters claim to offer a 'damage compensation system' associated with regulatory bodies and deceive victims by extracting personal information, issuing loans in their name, and stealing the loan amount. An official from Bithumb clarifies that the exchange does not provide compensation by enabling users to buy listed coins below market prices, emphasizing that this is a typical fraudulent scheme. 📞🕵️♂️ #VoicePhishing #CryptoScam #FraudAlert 🚫📰
🚨 Breaking News: Jeonbuk Police Cyber Crime Investigation Unit arrests Mr. A, the leader of a fraud organization, and three others, for scamming victims of 17 billion won by creating a false virtual asset exchange. Perpetrators posted fake returns from April 2022 to November 2023, collecting refund fees upon withdrawal requests. With 54 confirmed victims and 2 billion won in damages, the criminal account transaction amount is estimated at 17 billion won. Additionally, 30 members of a violent organization supplying accounts were arrested. 🚔💔💸 #FraudAlert #CyberCrimeInvestigation
⚠️🛑 Beware of Fake Mining Platforms! Your Crypto is at Risk! 🚨🚀
🚀 Many mining websites and crypto apps on Google are nothing but elaborate scams. ⚠️ Don't fall for the trap of inviting people or investing your hard-earned money. These platforms won't reward you, and your earnings might be impossible to withdraw.
🛡️ Stay Vigilant and Avoid Risks
Be cautious, especially with flashy mining apps promising effortless withdrawals. If it sounds too good to be true, it probably is. 🚨 Numerous fake apps entice users with false promises, leaving them empty-handed when it comes to withdrawals.
🔍 Research is Key
Before diving in, always research and verify the legitimacy of any mining app. Protect your assets and steer clear of potential scams.
👉 Don't let the excitement blind you to the risks – stay informed and trade wisely! 🌐💰
#CryptoSafety #FraudAlert #TradeNTell #Write2Earn #StayInformed $ALT $MANTA $BTC
🚀 Many mining websites and crypto apps on Google are nothing but elaborate scams. ⚠️ Don't fall for the trap of inviting people or investing your hard-earned money. These platforms won't reward you, and your earnings might be impossible to withdraw.
🛡️ Stay Vigilant and Avoid Risks
Be cautious, especially with flashy mining apps promising effortless withdrawals. If it sounds too good to be true, it probably is. 🚨 Numerous fake apps entice users with false promises, leaving them empty-handed when it comes to withdrawals.
🔍 Research is Key
Before diving in, always research and verify the legitimacy of any mining app. Protect your assets and steer clear of potential scams.
👉 Don't let the excitement blind you to the risks – stay informed and trade wisely! 🌐💰
#CryptoSafety #FraudAlert #TradeNTell #Write2Earn #StayInformed $ALT $MANTA $BTC
🚨 BREAKING NEWS: UK Seizes $1.7B in Bitcoin from Ex-Restaurant Worker! 🚨
Jian Wen, a Chinese national, nabbed in a massive money laundering scheme
💰Luxurious assets and London real estate valued at $30M implicated
🏘️Over 61,000 BTC discovered in devices during the raid
🕵️♂️Crypto realm still combatting fraud and illicit activities
🌐SEC takes action against Xue Lee and Brenda Chunga for a $1.9B Ponzi scheme
🚔Rodney Burton arrested for promoting the HyperFund pyramid scheme 🚨
Stay vigilant, crypto enthusiasts! 💪 Share your thoughts on these recent events! 👇
#CryptoNews #BitcoinSeizure #FraudAlert #TradeNTell #Write2Earn $BTC $ETH $SOL
Jian Wen, a Chinese national, nabbed in a massive money laundering scheme
💰Luxurious assets and London real estate valued at $30M implicated
🏘️Over 61,000 BTC discovered in devices during the raid
🕵️♂️Crypto realm still combatting fraud and illicit activities
🌐SEC takes action against Xue Lee and Brenda Chunga for a $1.9B Ponzi scheme
🚔Rodney Burton arrested for promoting the HyperFund pyramid scheme 🚨
Stay vigilant, crypto enthusiasts! 💪 Share your thoughts on these recent events! 👇
#CryptoNews #BitcoinSeizure #FraudAlert #TradeNTell #Write2Earn $BTC $ETH $SOL
⚠️ Scam Alert: Ukrainian Accomplice in UK Financial Fraud Scheme 🚨
In a shocking revelation, the owner of PayFuture payment system, Zaki Farooq, stands accused of defrauding clients of £3 million! 🕵️♂️
Despite being banned from business until July 2024, Farooq continues to promote PayFuture in developing nations with the help of his civilian wife, Ukrainian Olena Smirnova.
Farooq, once associated with COMPUTRAD (EUROPE), faced liquidation in 2017 due to financial mismanagement. Now, he's using Smirnova's name to circumvent restrictions and expand his illicit operations.
Despite their attempts to evade scrutiny, their shared address in Hounslow, Middlesex, UK, links them to the scheme. 🏠
This duo's deceitful tactics have wreaked havoc, but vigilance can thwart their schemes.
#FraudAlert #FinancialScam #TradeNTell #Write2Earn #CryptoSecurity $SOL $BTC $ETH
In a shocking revelation, the owner of PayFuture payment system, Zaki Farooq, stands accused of defrauding clients of £3 million! 🕵️♂️
Despite being banned from business until July 2024, Farooq continues to promote PayFuture in developing nations with the help of his civilian wife, Ukrainian Olena Smirnova.
Farooq, once associated with COMPUTRAD (EUROPE), faced liquidation in 2017 due to financial mismanagement. Now, he's using Smirnova's name to circumvent restrictions and expand his illicit operations.
Despite their attempts to evade scrutiny, their shared address in Hounslow, Middlesex, UK, links them to the scheme. 🏠
This duo's deceitful tactics have wreaked havoc, but vigilance can thwart their schemes.
#FraudAlert #FinancialScam #TradeNTell #Write2Earn #CryptoSecurity $SOL $BTC $ETH
#Binance #DeFiMasters #TrustWallet #FraudAlert #help Dear community members , there is a very massive scam going on through Whatsap group and Binance even in my alert didn’t took any action . The scammer is cheating each Moment to innocent investors. Even the group members are their own agents luring investors with positive affirmations. Trust wallet has transferred money without my approval to connected Dapps and I lost my lifetime savings including borrowed funds to invest in Defi Mining pool . Neither Binance nor trust wallet has yet taken any action or recovered the proceed of crime. Scammer is using BSC to transfer funds . Binance and trust wallet are just busy in earnings. Being a crypto giants their security system is worse than a bank . Also no contact centre to immediately take action . Like trade bot they have bot customer service agent with chat GPT . This how frustrated you will feel after losing your money and the Bianca and trust wallet not even listing.
Tip $10 to get 1 BTC? That's a scam alert!⚠️
Recently, some users have claimed they’ll give something in return when users transfer a certain amount. To promote further education about scams, how to identify and prevent fraud, and protect your wealth, we have launched the Anti-Fraud Challenge. Answer the three questions below correctly and stand a chance of winning rewards.
Question 1: Is "pay now, profit later" scheme highly risky?
Question 2: Is "follow or tip first" a reasonable request?
Question 3: Does Binance Square support any requests for transfers?
For more information, please refer to the Binance Square Community Management Guidelines . #AntiFraudChallenge #fraudwarning #FraudAlert
Recently, some users have claimed they’ll give something in return when users transfer a certain amount. To promote further education about scams, how to identify and prevent fraud, and protect your wealth, we have launched the Anti-Fraud Challenge. Answer the three questions below correctly and stand a chance of winning rewards.
Question 1: Is "pay now, profit later" scheme highly risky?
Question 2: Is "follow or tip first" a reasonable request?
Question 3: Does Binance Square support any requests for transfers?
For more information, please refer to the Binance Square Community Management Guidelines . #AntiFraudChallenge #fraudwarning #FraudAlert
P2P Fraud and Binance Customer Support Failure
#FraudAlert #Arbitrator #CS #CS_is_Bot #P2P
I have recently been robbed by a merchant who has very good customer feedback and a very large number of successful P2P trades. I myself have a number of successful trades with him.
Here I share the story, how a tricky trader is fooling the whole Binance customer service (CS) system.
In our latest P2P trade, the seller refused to acknowledge funds transferred to his account. Instead, he said he has not provided me with an account for transfer of funds. Actually, he did in the P2P Chat.
When I approached him on a private channel. He asked me to cancel the trade because of his lost bank account access and assured me that he will return the funds in a few days.
I was alarmed and didn't concede to his request. Instead, I filed an appeal for release of almost PKR 65000 worth of USDt. Because, I suspected him for telling lies and making stories.
He proved my suspicion very right. All of sudden, the merchant (seller) started abusing me with fraud allegations on P2P chat and started threatening me with dire consequences. He threatened me to block on Binance and much more.
My appeal is under review since 23rd April and Binance arbitrator is disappointing me too. For the last three days the seller has been presenting irrelevant information to customer service representatives (CS) and not showing transaction history of 23rd April instead showing transactions of 24th and 25th of April in screenshots and recorded videos.
It is pretty obvious to catch cheating on behalf of the seller but CS has concluded that the transaction is yet not received in the seller's account. (This seller is actually presenting fake credentials to the Binance also, changes accounts very often. One of his accounts is under investigation by cyber crime wing of FIA Pakistan. I have also reported him to FIA, but such cases take very long time in Pakistan due to hefty bribe by such fraudulent gangs.)
Because of his poor arbitration when I suspected the CS if he is a real person or a computer program; he did not responded to my query. I suspect Binance CS representative is a bot and the seller knows it because of his vast experience in P2P trading. That is why he is presenting irrelevant material as a proof which can't be judged by a bot. On the other hand, I have presented all the evidence clearly but CS still concludes that funds are not received in the seller’s account. Only a bot can be fooled by inconstant data.
I don't know what will be the final decision by the Binance arbitrator but one thing is clear. It is a computer program or bot, not a real person because a real person will take no time to fix this trivial issue and conclude judiciously based on presented facts.
Share it to save traders from Merchant Fraud on Binance!
(I will keep updating you on this peculiar fraud as it progresses.)
Final Thought!
The seller has finally released the USDt and apologised on private channel. But Binance arbitrator is not a real person. It is biased towards the Merchant and did not bother to evaluate the proofs presented by both of us.
Be cautious while P2P trading. Traders usually threaten the buyer and can potentially freeze accounts on Binance but the can not deal with banking system of Pakistan. Bank complaint can save you from tricky merchants. Just complaint that you are victim of online fraud and freeze the account of seller instead wasting your time on Binance arbitration. On Binance, the merchants have advantages over buyers.
#FraudAlert #Arbitrator #CS #CS_is_Bot #P2P
I have recently been robbed by a merchant who has very good customer feedback and a very large number of successful P2P trades. I myself have a number of successful trades with him.
Here I share the story, how a tricky trader is fooling the whole Binance customer service (CS) system.
In our latest P2P trade, the seller refused to acknowledge funds transferred to his account. Instead, he said he has not provided me with an account for transfer of funds. Actually, he did in the P2P Chat.
When I approached him on a private channel. He asked me to cancel the trade because of his lost bank account access and assured me that he will return the funds in a few days.
I was alarmed and didn't concede to his request. Instead, I filed an appeal for release of almost PKR 65000 worth of USDt. Because, I suspected him for telling lies and making stories.
He proved my suspicion very right. All of sudden, the merchant (seller) started abusing me with fraud allegations on P2P chat and started threatening me with dire consequences. He threatened me to block on Binance and much more.
My appeal is under review since 23rd April and Binance arbitrator is disappointing me too. For the last three days the seller has been presenting irrelevant information to customer service representatives (CS) and not showing transaction history of 23rd April instead showing transactions of 24th and 25th of April in screenshots and recorded videos.
It is pretty obvious to catch cheating on behalf of the seller but CS has concluded that the transaction is yet not received in the seller's account. (This seller is actually presenting fake credentials to the Binance also, changes accounts very often. One of his accounts is under investigation by cyber crime wing of FIA Pakistan. I have also reported him to FIA, but such cases take very long time in Pakistan due to hefty bribe by such fraudulent gangs.)
Because of his poor arbitration when I suspected the CS if he is a real person or a computer program; he did not responded to my query. I suspect Binance CS representative is a bot and the seller knows it because of his vast experience in P2P trading. That is why he is presenting irrelevant material as a proof which can't be judged by a bot. On the other hand, I have presented all the evidence clearly but CS still concludes that funds are not received in the seller’s account. Only a bot can be fooled by inconstant data.
I don't know what will be the final decision by the Binance arbitrator but one thing is clear. It is a computer program or bot, not a real person because a real person will take no time to fix this trivial issue and conclude judiciously based on presented facts.
Share it to save traders from Merchant Fraud on Binance!
(I will keep updating you on this peculiar fraud as it progresses.)
Final Thought!
The seller has finally released the USDt and apologised on private channel. But Binance arbitrator is not a real person. It is biased towards the Merchant and did not bother to evaluate the proofs presented by both of us.
Be cautious while P2P trading. Traders usually threaten the buyer and can potentially freeze accounts on Binance but the can not deal with banking system of Pakistan. Bank complaint can save you from tricky merchants. Just complaint that you are victim of online fraud and freeze the account of seller instead wasting your time on Binance arbitration. On Binance, the merchants have advantages over buyers.
#FraudAlert #Arbitrator #CS #CS_is_Bot #P2P
🚨 SEC charges Texas mining firm Geosyn & co-founders for $5.6M fraud scheme!
Allegedly duped 60+ investors & misused $1.2M. Stay sharp, stay safe!
#FraudAlert #Geosyn
Allegedly duped 60+ investors & misused $1.2M. Stay sharp, stay safe!
#FraudAlert #Geosyn
