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Gynecologist Loses $132k+ in Crypto Scam on Facebook #cryptonews #scam According to a report from Mumbai, #India , a gynecologist has found himself in a harrowing situation, having lost a staggering sum of over $132,144, via a crypto scam. The report noted that the doctor lost the funds after engaging with a woman he met online who purportedly offered guidance in crypto investments. Per the doctor’s complaint filed with India’s central cybercrime police station, the doctor’s ordeal commenced in August 2022. It started with an unsolicited message on Facebook regarding crypto trading from an individual identifying as Melissa Campbell. According to the report, the doctor and Campbell got talking about crypto investment after the lady positioned herself as a crypto trading expert. Reportedly, Campbell offered assurances of substantial profits and recommended setting up a trading account. Therefore, the doctor provided personal information, including his mobile number, email address, and driver’s license, per the police report. Following Campbell’s instructions, the doctor created his account on a crypto trading platform. Over time, he invested more than $132,000, purchasing cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and stablecoin USDT. Also, under Campbell’s guidance, the gynecologist further transferred the cryptocurrencies to another wallet address with the promise of enhanced profits through trading. Meanwhile, the doctor only inquired about the redemption process when he believed he had accrued substantial profits. In parallel, Campbell informed him that he needed to cover taxes and commissions. The report noted that the doctor desperately borrowed $33,636 from a friend to settle the outstanding bill. However, the demands for additional funds continued, leaving the doctor suspicious. Nearly a year after the ordeal began, the doctor contacted the police to lodge a First Information Report (FIR) for cheating under the Indian Penal Code (IPC). The matter is currently under investigation. #facebook #crypto
Gynecologist Loses $132k+ in Crypto Scam on Facebook
#cryptonews #scam

According to a report from Mumbai, #India , a gynecologist has found himself in a harrowing situation, having lost a staggering sum of over $132,144, via a crypto scam. The report noted that the doctor lost the funds after engaging with a woman he met online who purportedly offered guidance in crypto investments.

Per the doctor’s complaint filed with India’s central cybercrime police station, the doctor’s ordeal commenced in August 2022. It started with an unsolicited message on Facebook regarding crypto trading from an individual identifying as Melissa Campbell. According to the report, the doctor and Campbell got talking about crypto investment after the lady positioned herself as a crypto trading expert.

Reportedly, Campbell offered assurances of substantial profits and recommended setting up a trading account. Therefore, the doctor provided personal information, including his mobile number, email address, and driver’s license, per the police report.

Following Campbell’s instructions, the doctor created his account on a crypto trading platform. Over time, he invested more than $132,000, purchasing cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and stablecoin USDT. Also, under Campbell’s guidance, the gynecologist further transferred the cryptocurrencies to another wallet address with the promise of enhanced profits through trading.

Meanwhile, the doctor only inquired about the redemption process when he believed he had accrued substantial profits. In parallel, Campbell informed him that he needed to cover taxes and commissions. The report noted that the doctor desperately borrowed $33,636 from a friend to settle the outstanding bill. However, the demands for additional funds continued, leaving the doctor suspicious.

Nearly a year after the ordeal began, the doctor contacted the police to lodge a First Information Report (FIR) for cheating under the Indian Penal Code (IPC). The matter is currently under investigation.
#facebook #crypto
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Crypto analyst calls Ripple the next Amazon and Facebook despite XRP's poor performance A crypto specialist predicts Ripple will be the next Amazon or Facebook-like high-value corporation. This forecast comes as XRP struggles amid market volatility and Ripple's SEC lawsuit. Analyst Expects Ripple To Be Billion-Dollar Startup The AllinCrypto YouTube channel host has posted a video highlighting Ripple's potential to become a billion-dollar enterprise. The analyst believes the US will accept Ripple as a “unicorn company” like Amazon, Apple, Facebook, and Microsoft. The expert also said Ripple was growing like these prominent enterprises that had boosted the US economy. He based his estimates on the crypto payment's stablecoin intentions, showing how US treasury members recognize stablecoins' economic relevance. The crypto expert presented a Wall Street Journal piece on how cryptocurrencies may prevent a US debt disaster in the YouTube video. He said treasury members were examining how stablecoins may help the US retain its global supremacy by solving the “colossal debt burden that the US currently has.” Ripple unveiled its USD-pegged stablecoin plans in April, competing with Tether (USDT) and Circle (USDC). This fits with the crypto payments company's ambition to grow its digital payments reach and boost its US financial sector position. As of June 4, Ripple's market capitalization is more over $29 billion, considerably behind Amazon and Facebook, which have market caps over $1 trillion. The crypto payments startup must reach a market capitalization and adoption rate equivalent to these digital titans to become a “unicorn company.” Despite the deteriorating performance of XRP, the native coin of the XRP Ledger, Ripple is expanding its worldwide operations and services. The crypto payments company's legal fight with the US SEC and the US's lack of digital asset regulation may also slow expansion. #XRP #Ripple $XRP #amazon #facebook {spot}(XRPUSDT)
Crypto analyst calls Ripple the next Amazon and Facebook despite XRP's poor performance

A crypto specialist predicts Ripple will be the next Amazon or Facebook-like high-value corporation. This forecast comes as XRP struggles amid market volatility and Ripple's SEC lawsuit.

Analyst Expects Ripple To Be Billion-Dollar Startup
The AllinCrypto YouTube channel host has posted a video highlighting Ripple's potential to become a billion-dollar enterprise. The analyst believes the US will accept Ripple as a “unicorn company” like Amazon, Apple, Facebook, and Microsoft.

The expert also said Ripple was growing like these prominent enterprises that had boosted the US economy. He based his estimates on the crypto payment's stablecoin intentions, showing how US treasury members recognize stablecoins' economic relevance.

The crypto expert presented a Wall Street Journal piece on how cryptocurrencies may prevent a US debt disaster in the YouTube video. He said treasury members were examining how stablecoins may help the US retain its global supremacy by solving the “colossal debt burden that the US currently has.”

Ripple unveiled its USD-pegged stablecoin plans in April, competing with Tether (USDT) and Circle (USDC). This fits with the crypto payments company's ambition to grow its digital payments reach and boost its US financial sector position.

As of June 4, Ripple's market capitalization is more over $29 billion, considerably behind Amazon and Facebook, which have market caps over $1 trillion. The crypto payments startup must reach a market capitalization and adoption rate equivalent to these digital titans to become a “unicorn company.”

Despite the deteriorating performance of XRP, the native coin of the XRP Ledger, Ripple is expanding its worldwide operations and services. The crypto payments company's legal fight with the US SEC and the US's lack of digital asset regulation may also slow expansion.

#XRP #Ripple $XRP #amazon #facebook
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