$BTC ##MyFirstFeedPost Hello, Binance Square My Experience of Falling for a Bitcoin Scam on Telegram
I am writing this note to share my encounter with a Bitcoin scam on Telegram in the hope that it serves as a cautionary tale for others. Despite considering myself cautious and aware of potential scams, I unfortunately fell victim to a fraudulent scheme when attempting to purchase Bitcoin worth $170.
In the Telegram group, there were supposedly trustworthy individuals known as "screws" who held payment until the Bitcoin transaction was completed. Initially, this gave me a false sense of security. However, things took a turn for the worse when I was requested to send #76,500 for $170 @ the rate of 450/$ worth of Bitcoin.
Due to my eagerness to make the purchase, I naively sent the requested amount and provided a screenshot of my payment as proof. At this point, I was instructed to wait for a confirmation email. Unexpectedly, I began receiving messages and phone calls from various individuals claiming to represent different businesses associated with the Telegram group.
All of these individuals were adamant that I had been scammed, emphasizing that the "screws" and sellers were part of a coordinated effort to deceive innocent buyers. They urged me not to pay attention to any further requests for money and provided details on how to report the incident.
Having realized my mistake, I felt a mix of anger, frustration, and embarrassment. It is disheartening to fall prey to such scams, particularly when one believes they are being cautious throughout the transaction process. I must stress the importance of conducting thorough research and double-checking the legitimacy of any online transactions, especially when dealing with valuable commodities like Bitcoin.
By sharing my experience, I hope to raise awareness about the prevalence of scams on platforms like Telegram and remind others to remain vigilant. Let us unite in spreading knowledge and safeguarding ourselves against cybercriminals.