In the current bull run market, the allure of quick profits can sometimes blind investors to the lurking dangers of fraud. From unlisted peer-to-peer transactions to sophisticated hacking schemes, the risks are real and ever-present. As a cryptocurrency lawyer dedicated to safeguarding your investments, I'm here to shed light on these threats and empower you to take action against scammers.Unlisted peer-to-peer transactions, while seemingly convenient, can be a breeding ground for fraudulent activity. Without the oversight of a reputable exchange, buyers and sellers are vulnerable to being duped by malicious actors posing as legitimate traders. These transactions often lack the security measures and dispute resolution mechanisms offered by established platforms, leaving victims with little recourse when things go awry. Even Binance support is of no use if the transaction is made outside of their platform.Furthermore, the rise of hacking incidents targeting both exchanges and individual wallets has highlighted the importance of robust cybersecurity measures. Sophisticated hackers employ a variety of tactics, from phishing attacks to malware, to gain unauthorized access to users' funds. Once compromised, recovering stolen assets can be a daunting task, requiring expert legal assistance to navigate the complex landscape of cryptocurrency laws and regulations.As a cryptocurrency lawyer, I specialize in helping victims of fraud pursue justice and reclaim their assets. Whether you've fallen victim to an unscrupulous peer-to-peer transaction or been targeted by a cybercriminal, I'm here to provide the guidance and support and intimate the competent authorities such as FBI or other applicable authorities of your jurisdiction.If you've been victimized by crypto fraud or suspect foul play, don't hesitate to reach out.- Prakhar Rai, Attorney, My Legal Pal (mylegalpal.com)Upwork- https://www.upwork.com/freelancers/~01940ef816e8b780ec#ScamAwareness #P2PScam #lawyer #Write2Earn #btc $BTC $COTI

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

This is my second article concerning the subject's project. I strongly recommend any new potential investors to stay well away from it. It's in a dying process and developers are only inventing new ways to milk more money out. Recently they decided suddenly to close down Chainz Original (one of their few games) , effectively separating players - investors from their own investment!!! Today they announced an expansion of Dragonverse Neo, their latest project. They add yet ANOTHER NFT collection with infinite mint, without giving any usecase details and making existing platforms' nft's even more diluted. One year ago they issued Dragons nft's in Arbitrum network and got thousands of ETH back from the hype. One year later, they are still abandoned without a game to be used. 3 games that HAD been announced in 2023 Roadmap, were canceled. Now they go to milk BTC from the BRC-420 nft's. Just stay away. #Write2Earn $MBOX $BTC #GameFi #ScamAwareness