PANews reported on September 30 that according to ZachXBT, the British scammer @ape_31 (also using the @60711 account) has deceived more than 250 X users in the past year by posting fake Bybit demo account profit screenshots, stealing more than $650,000 in total. The scammer operates a news account to attract victims to pay fees and blocks them after receiving the money.

ZachXBT detailed that Ape 31 induced victims to pay fees ranging from $250 to $500 by showing fake transaction screenshots and promising to provide copy trading, and further required large amounts of funds for so-called "fund management", and then extorted more funds using fake profit screenshots.

Cases of multiple victims show that Ape 31 will quickly block the victims after defrauding their funds. Some of the funds were transferred to addresses including HTUWbdMsbzcVa6KwJ6PTiSqTpLmsQUV6dyuNsebpakVJ, etc.