He is 17 and already a millionaire
A brief talk made him spill everything
Here's his story, earnings, popular scams and how to protect urself from them 🧵👇
➮ Before we begin, could I ask you a favor?
☩ I've invested a lot of time into this research and truly value any interaction you've had with this thread!
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2/➮ Scammers deceive individuals through bogus investment schemes and phishing tactics.
☩ Initial fraudsters have the potential to amass millions in just a few weeks.
☩ From 2021 to 2024, more than $50 billion was lost to cryptocurrency scams.
3/➮ This individual began defrauding others at the age of 15.
☩ He has since become one of the most prolific scammers.
☩ By 2024, he had deceived over 3,000 crypto users.
☩ It's possible that you were among his victims.
4/➮ When I discovered his earnings, I was astonished.
☩ He effortlessly earns $25 million per month.
☩ This money comes from regular people who don't follow safety tips.
5/➮ I got him to disclose the most effective scams.
☩ They're quite common and simple, and easy to protect against.
☩ I'm genuinely amazed that people still fall for such basic tricks.
6/➮ Now, I'll share with you the most common crypto scam schemes
☩ Additionally, I will provide a small tip from scammers on how to protect urself👇
7/➮ Phishing Attacks:
☩ Fraudulent websites imitate legitimate exchanges to steal login credentials.
☩ Tip: Always verify URLs and enable two-factor authentication.
8/➮ Social media giveaway scams:
☩ Scammers impersonate others, offering free crypto in exchange for personal information.
☩ Tip: Verify the legitimacy of giveaways through official channels.
9/➮ Ponzi schemes:
☩ They promise high returns to early investors using funds from new investors.
☩ Tip: Steer clear of unrealistic promises or unsustainable returns.
10/➮ Fake ICOs:
☩ Scammers set up fake ICOs, promising high returns, then disappear with the money.
☩ Tip: Investigate the project team and look for reputable endorsements.
11/➮ Exchange Hacks:
☩ Fraudulent or disappearing exchanges seize users' funds.
☩ Tip: Use secure exchanges that offer cold wallet storage.
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THAT'S IT FOR TODAY......
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