ScamRickWarning
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In early 2023, I invested $100 in PEPE coin, purchasing 140,845.070 coins at $0.0000071 per coin. Despite market volatility, I chose to hold onto my investment, acknowledging the unpredictable nature of cryptocurrency.
Fast forward to April 25, 2024, when I made the decision to liquidate my holdings. PEPE had climbed to $0.00001048 per coin, increasing my initial investment to $1,476. However, I decided to sell at $0.00000800 per coin, converting my holdings into $1,126.
This experience underscored the importance of patience and prudent decision-making in cryptocurrency investing. While the allure of higher gains may be tempting, recognizing the opportune moment to sell is crucial for success.
#PEPE❤️ #PepeCoinPriceChallenge #fomc #ScamRickWarning #BinanceLaunchPool🔥
Fast forward to April 25, 2024, when I made the decision to liquidate my holdings. PEPE had climbed to $0.00001048 per coin, increasing my initial investment to $1,476. However, I decided to sell at $0.00000800 per coin, converting my holdings into $1,126.
This experience underscored the importance of patience and prudent decision-making in cryptocurrency investing. While the allure of higher gains may be tempting, recognizing the opportune moment to sell is crucial for success.
#PEPE❤️ #PepeCoinPriceChallenge #fomc #ScamRickWarning #BinanceLaunchPool🔥
Spot signal
Buy $VANRY at CMP
Tp.
1). .22
2). .24
3). .26
Pumping Tp
.35
.45
#altcoins #BlackRock #MicroStrategy #BTC #ScamRickWarning
Buy $VANRY at CMP
Tp.
1). .22
2). .24
3). .26
Pumping Tp
.35
.45
#altcoins #BlackRock #MicroStrategy #BTC #ScamRickWarning
Be careful with posts that promise money by giving tips to users or giving money to those who join, it's fraud #ScamRickWarning
LIVE
Binance Square Official
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Join #ScamRiskWarning campaign and win up to $500 FDUSD!
Join the #ScamRiskWarning campaign! 🚀 Win up to 500 FDUSD by sharing your crypto scam experiences along with anti-scam suggestions for @Binance Risk Sniper to enhance Binance's risk measures. Let's bolster crypto safety together!
Campaign Period: 2024-04-26 00:00 to 2024-05-01 23:59 (UTC)
To Participate:
Use #ScamRiskWarning when sharing your crypto scam experiences along with anti-scam suggestions for the Binance Risk team on Binance Square. The post should be at least 100 characters long.
Your Post Can Feature:
Your experience with cryptocurrency scams;Detailed recount of scam patterns, such as: investment->rebate->request to invest more->request to security deposit->scam, etc. Add as much detail as possible about your experience;Your suggestions for anti-scam prevention;Your expectations from Binance in tackling scams.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.
Winner Selection:
Four posts generating the most interaction will each be rewarded with 125 FDUSD.
For more information on scams refer to Binance Blog.
Stay updated with @Binance Risk Sniper on Binance Square.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Campaign Period: 2024-04-26 00:00 to 2024-05-01 23:59 (UTC)
To Participate:
Use #ScamRiskWarning when sharing your crypto scam experiences along with anti-scam suggestions for the Binance Risk team on Binance Square. The post should be at least 100 characters long.
Your Post Can Feature:
Your experience with cryptocurrency scams;Detailed recount of scam patterns, such as: investment->rebate->request to invest more->request to security deposit->scam, etc. Add as much detail as possible about your experience;Your suggestions for anti-scam prevention;Your expectations from Binance in tackling scams.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.
Winner Selection:
Four posts generating the most interaction will each be rewarded with 125 FDUSD.
For more information on scams refer to Binance Blog.
Stay updated with @Binance Risk Sniper on Binance Square.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Crypto Scams on the Decline!
Despite the recent $33 million ZKasino fraud, April saw a significant drop in crypto losses due to scams and hacks, with only $25.7 million lost.
This marks the lowest monthly figure since 2021, according to CertiK.The decline is largely attributed to fewer private key compromises, with only three attacks in April compared to 11 in March.
While crypto scams remain a concern, this downward trend signals a more secure future in the crypto space. #WatchTheMarket #ScamRickWarning
Despite the recent $33 million ZKasino fraud, April saw a significant drop in crypto losses due to scams and hacks, with only $25.7 million lost.
This marks the lowest monthly figure since 2021, according to CertiK.The decline is largely attributed to fewer private key compromises, with only three attacks in April compared to 11 in March.
While crypto scams remain a concern, this downward trend signals a more secure future in the crypto space. #WatchTheMarket #ScamRickWarning
Hello guys!
Just sharing!
I got scammed here (that’s what I believe)
Every body is in need of money and all are here to make money.
As I am beginner I got scammed with NFT trading.
One group form here is scamming ( scamming )
They give some signals which they copy from profession china based trader.
On other hand they do NFT singnals basically what I studied is one person creates NFT another buys it and 3rd person sell it!
Mean the telegram signal for NFT is they are actually giving us the link of there own NFT which they post for 0.22USD and other guys buy it and list that NFT for 100++
They have good strategy of uploading pictures of there profit to other who are one of them, which encourage some people in need like me to ask them !
Well I asked him and he told me to purchase NFT which I did! And why I went to creator link I saw it’s all same ID’s who is selling similar NFT at 0.23$
And one which I bought was for 100$ and he is soo sure that it will be sold!
Basically similar like me someone from here will ask him and he will sent him my NFT link which will give me profit and cycle goes on.
As per my understanding NFT is like Domain parking and selling!
Hope my message will be forwarded to all and let those guys read this.
One message to scammers! You are just making things worst for some1 in need, you don’t know how they are managing. I trusted them and lost my 100.
I tried to withdraw but I failed I cudnt due to chain and less understanding.
#NFT #ScamRickWarning
Avoid NFT trading ther is no signal it’s just a loophole to loot.
Just sharing!
I got scammed here (that’s what I believe)
Every body is in need of money and all are here to make money.
As I am beginner I got scammed with NFT trading.
One group form here is scamming ( scamming )
They give some signals which they copy from profession china based trader.
On other hand they do NFT singnals basically what I studied is one person creates NFT another buys it and 3rd person sell it!
Mean the telegram signal for NFT is they are actually giving us the link of there own NFT which they post for 0.22USD and other guys buy it and list that NFT for 100++
They have good strategy of uploading pictures of there profit to other who are one of them, which encourage some people in need like me to ask them !
Well I asked him and he told me to purchase NFT which I did! And why I went to creator link I saw it’s all same ID’s who is selling similar NFT at 0.23$
And one which I bought was for 100$ and he is soo sure that it will be sold!
Basically similar like me someone from here will ask him and he will sent him my NFT link which will give me profit and cycle goes on.
As per my understanding NFT is like Domain parking and selling!
Hope my message will be forwarded to all and let those guys read this.
One message to scammers! You are just making things worst for some1 in need, you don’t know how they are managing. I trusted them and lost my 100.
I tried to withdraw but I failed I cudnt due to chain and less understanding.
#NFT #ScamRickWarning
Avoid NFT trading ther is no signal it’s just a loophole to loot.
🚨🚨 Shocking News Alert! 😱
Don't fall victim to crypto scams! Recently, someone lost a whopping 1,155 Bitcoin, valued at a staggering $68 million! 😢 How? By mistakenly copying a similar wallet address! Always double-check when sending large sums. Test transfers are a lifesaver! 💡 But here's the twist: The scammer, in an unexpected turn of events, returned the stolen funds—converted into 22,960 Ethereum, worth $70 million! 🤯 Was this a message about Ethereum's superiority over Bitcoin, or just a bizarre act of kindness from a polite fraudster? The crypto world is full of surprises! Stay vigilant and #SecureYourCrypto 🛡️💰#ScamAware #ScamRickWarning
Don't fall victim to crypto scams! Recently, someone lost a whopping 1,155 Bitcoin, valued at a staggering $68 million! 😢 How? By mistakenly copying a similar wallet address! Always double-check when sending large sums. Test transfers are a lifesaver! 💡 But here's the twist: The scammer, in an unexpected turn of events, returned the stolen funds—converted into 22,960 Ethereum, worth $70 million! 🤯 Was this a message about Ethereum's superiority over Bitcoin, or just a bizarre act of kindness from a polite fraudster? The crypto world is full of surprises! Stay vigilant and #SecureYourCrypto 🛡️💰#ScamAware #ScamRickWarning
⛔⛔⛔PHISHING SCAM ALERT!⛔⛔⛔
To spot a phishing scam, keep an eye out for these red flags:
Be cautious of emails or messages with links that seem fishy or direct you to unfamiliar websites. Before clicking, hover over the link to see the actual URL.
Phishing emails often try to create a sense of urgency, pressuring you to act quickly or risk consequences. Don't fall for it!
Legitimate companies usually have polished communications, so be wary of emails with typos, grammatical errors, or awkward phrasing.
Be cautious of emails asking for sensitive information like passwords, account details, or Social Security numbers. Legitimate companies typically don't request such data via email.
Avoid opening attachments from unknown senders, as they could contain malware or ransomware designed to compromise your device.
Trust your instincts! If an email seems suspicious, verify its authenticity by contacting the company directly through official channels. Stay safe online!
#ScamAware #scamriskwarning #ScamRickWarning #Alert🔴 #US_Inflation_Easing_Alert
To spot a phishing scam, keep an eye out for these red flags:
Be cautious of emails or messages with links that seem fishy or direct you to unfamiliar websites. Before clicking, hover over the link to see the actual URL.
Phishing emails often try to create a sense of urgency, pressuring you to act quickly or risk consequences. Don't fall for it!
Legitimate companies usually have polished communications, so be wary of emails with typos, grammatical errors, or awkward phrasing.
Be cautious of emails asking for sensitive information like passwords, account details, or Social Security numbers. Legitimate companies typically don't request such data via email.
Avoid opening attachments from unknown senders, as they could contain malware or ransomware designed to compromise your device.
Trust your instincts! If an email seems suspicious, verify its authenticity by contacting the company directly through official channels. Stay safe online!
#ScamAware #scamriskwarning #ScamRickWarning #Alert🔴 #US_Inflation_Easing_Alert
The top 10 altcoins with the highest investor losses are led by Algorand (ALGO), followed by Sandbox (SAND) and Arbitrum (ARB). These tokens have seen significant declines in their value, with over 90% of ALGO holders experiencing losses. Other notable losers include Axie Infinity (AXS), Chiliz (CHZ), and Cardano (ADA). The overall cryptocurrency market is experiencing a major downturn, with Bitcoin dropping by nearly 5% to below $60,000. Ethereum has also seen a negative trend, declining by 6.65% in the last 24 hours. Despite some positive news, such as a less severe penalty for Binance's former CEO, Changpeng Zhao, BNB has failed to recover and is down 3% for the day. Other major cryptocurrencies like Dogecoin, Shiba Inu, and Solana have also experienced significant declines. Investors are keeping an eye on key economic data and the Federal Reserve's interest rate decision.#altcoins #ScamRickWarning #BTC
##Bitcoin ( $BTC ) Current Overview:
1⃣ Funding Rate: Funding rate is currently negative.
2⃣ Open Interest: Open interest is on downward trend
3⃣ Long Liquidation: Massive long liquidations.
4⃣ Trading Volume: Trading volume is not showing positive signs.
5⃣ Price Action: The current Price action is bearish.
Note: Be cautious and thoroughly evaluate these indicators before opening a long position with high leverage.
#btctrending #ETH💝USDT #ScamRickWarning $BTC
1⃣ Funding Rate: Funding rate is currently negative.
2⃣ Open Interest: Open interest is on downward trend
3⃣ Long Liquidation: Massive long liquidations.
4⃣ Trading Volume: Trading volume is not showing positive signs.
5⃣ Price Action: The current Price action is bearish.
Note: Be cautious and thoroughly evaluate these indicators before opening a long position with high leverage.
#btctrending #ETH💝USDT #ScamRickWarning $BTC
#$BTC LTF Update
#BTCUSDT bounced back strongly from the $56k support.
🔹 Key resistance at $64k; a break above is bullish.
🔹Failure to break could mean testing new lows for the year.
#Bitcoin #BTC #BTC Above 60K# #ZKasino $ETH $TON $ZETA
#REZtoken #BTC #ScamRickWarning #BitcoinETFs $ETH $BTC
#BTCUSDT bounced back strongly from the $56k support.
🔹 Key resistance at $64k; a break above is bullish.
🔹Failure to break could mean testing new lows for the year.
#Bitcoin #BTC #BTC Above 60K# #ZKasino $ETH $TON $ZETA
#REZtoken #BTC #ScamRickWarning #BitcoinETFs $ETH $BTC
DeFi Danger Zone: How Rug Pulls Are Draining Crypto Investors
Decentralized Finance (DeFi) has become a revolutionary force in the cryptocurrency world, offering innovative ways to lend, borrow, and trade digital assets without relying on traditional financial institutions. However, this exciting space also harbors a dark side: rug pulls. These malicious scams specifically target DeFi platforms, leaving investors with empty wallets and shattered dreams.
Rug Pulls: The Great Crypto Heist
Imagine this: you discover a promising DeFi platform offering a high-yield token with a revolutionary new use case. The project has a sleek website, a seemingly experienced team, and a vibrant online community. You decide to invest, hoping to ride the next big wave in DeFi. But instead of soaring profits, you wake up one morning to discover the platform's liquidity pool – the pool of funds that allows users to buy and sell the token – has been drained. The developers have vanished, leaving your investment worthless. This, my friends, is a classic rug pull.
Examples of DeFi Fleece Jobs
Unfortunately, rug pulls are not hypothetical nightmares. In 2022, DeFi suffered a major blow with the infamous "Squid Game" token scam. Capitalizing on the popularity of the Korean drama, scammers launched a token with a play-to-earn model. The price skyrocketed, enticing investors. However, the developers abruptly disabled selling functionality, essentially trapping investors' funds before disappearing with millions.
Another notorious case involved "Titan," a DeFi platform that promised astronomical returns on deposited funds. The project attracted billions in investments before its price plummeted to zero in a matter of hours. The developers walked away with a hefty haul, leaving investors devastated.
Why DeFi is a Prime Target
DeFi's very nature – decentralized, permissionless, and often anonymous – makes it a breeding ground for rug pulls. Unlike traditional financial institutions, DeFi platforms lack the same level of regulatory oversight. Creating a token and launching a DeFi project requires minimal technical knowledge, allowing bad actors to easily set up elaborate scams.
Protecting Yourself from the Rug Pull Riptide
So, how can you safeguard yourself from these DeFi dangers? Here are some crucial tips:
Scrutinize the Project: Don't be blinded by hype. Research the team behind the DeFi platform. Are they doxxed (identities revealed)? Do they have a proven track record? Carefully examine the project's whitepaper – the technical document outlining its purpose and functionality. Does it have a clear and realistic roadmap?Beware of Unrealistic Returns: If a project promises astronomical returns with little to no risk, it's a major red flag. Sustainable DeFi projects offer competitive, but believable, returns.Check Liquidity: A healthy DeFi platform will have a significant amount of liquidity locked in its pool. This ensures smooth trading and reduces the risk of manipulation. A low liquidity pool is a potential sign of a rug pull waiting to happen.Stick to Reputable Platforms: Use established DeFi platforms with a strong reputation for security and transparency. New, unproven platforms carry a higher risk of scams.
These steps and approaching DeFi with a healthy dose of skepticism, you can minimize your chances of falling victim to a rug pull. Remember, in the fast-paced world of cryptocurrency, vigilance is key to protecting your hard-earned investments.
#ScamRickWarning
#Write2Rean
#altcoins
#buythedip
#ETH💝USDT
Rug Pulls: The Great Crypto Heist
Imagine this: you discover a promising DeFi platform offering a high-yield token with a revolutionary new use case. The project has a sleek website, a seemingly experienced team, and a vibrant online community. You decide to invest, hoping to ride the next big wave in DeFi. But instead of soaring profits, you wake up one morning to discover the platform's liquidity pool – the pool of funds that allows users to buy and sell the token – has been drained. The developers have vanished, leaving your investment worthless. This, my friends, is a classic rug pull.
Examples of DeFi Fleece Jobs
Unfortunately, rug pulls are not hypothetical nightmares. In 2022, DeFi suffered a major blow with the infamous "Squid Game" token scam. Capitalizing on the popularity of the Korean drama, scammers launched a token with a play-to-earn model. The price skyrocketed, enticing investors. However, the developers abruptly disabled selling functionality, essentially trapping investors' funds before disappearing with millions.
Another notorious case involved "Titan," a DeFi platform that promised astronomical returns on deposited funds. The project attracted billions in investments before its price plummeted to zero in a matter of hours. The developers walked away with a hefty haul, leaving investors devastated.
Why DeFi is a Prime Target
DeFi's very nature – decentralized, permissionless, and often anonymous – makes it a breeding ground for rug pulls. Unlike traditional financial institutions, DeFi platforms lack the same level of regulatory oversight. Creating a token and launching a DeFi project requires minimal technical knowledge, allowing bad actors to easily set up elaborate scams.
Protecting Yourself from the Rug Pull Riptide
So, how can you safeguard yourself from these DeFi dangers? Here are some crucial tips:
Scrutinize the Project: Don't be blinded by hype. Research the team behind the DeFi platform. Are they doxxed (identities revealed)? Do they have a proven track record? Carefully examine the project's whitepaper – the technical document outlining its purpose and functionality. Does it have a clear and realistic roadmap?Beware of Unrealistic Returns: If a project promises astronomical returns with little to no risk, it's a major red flag. Sustainable DeFi projects offer competitive, but believable, returns.Check Liquidity: A healthy DeFi platform will have a significant amount of liquidity locked in its pool. This ensures smooth trading and reduces the risk of manipulation. A low liquidity pool is a potential sign of a rug pull waiting to happen.Stick to Reputable Platforms: Use established DeFi platforms with a strong reputation for security and transparency. New, unproven platforms carry a higher risk of scams.
These steps and approaching DeFi with a healthy dose of skepticism, you can minimize your chances of falling victim to a rug pull. Remember, in the fast-paced world of cryptocurrency, vigilance is key to protecting your hard-earned investments.
#ScamRickWarning
#Write2Rean
#altcoins
#buythedip
#ETH💝USDT
I show you guys tow scenarios of #BTC
WHAT DO YOU THINK ARE YOU BULISH OR BERISH
#BlackRock #ScamRickWarning
#CryptoWatchMay2024
WHAT DO YOU THINK ARE YOU BULISH OR BERISH
#BlackRock #ScamRickWarning
#CryptoWatchMay2024
Binance's collaboration with the Enforcement Directorate (ED) in India to expose the E-Nuggets scam demonstrates its commitment to complying with regulations and combating illicit activities. By assisting in the takedown of the scam app, Binance aims to rebuild trust with the Indian government as it prepares to reenter the market after paying a $2 million fine. This strategic move aligns with Binance's goal to fulfill all legal requirements and regain access to significant markets like India. Additionally, Binance plans to introduce payment solutions, establish an Indian team, and invest in the country's blockchain ecosystem to further solidify its position. #ENuggetScam #Binance #ScamRickWarning #CryptoSafetyMatters
Bottom in?
For that we need Bitcoin to flip 62k or a bullish retest of the 59/60k area 🫰
#altcoins #ScamRickWarning
#Ansarmahais
#BTC #MicroStrategy $BTC
For that we need Bitcoin to flip 62k or a bullish retest of the 59/60k area 🫰
#altcoins #ScamRickWarning
#Ansarmahais
#BTC #MicroStrategy $BTC
So far we got a false move to the upside at the start of the week and we are dumping prior FOMC. 50% of the wick likely to be next.
2 questions:
- Is the market pricing-in a bearish FOMC?
- If so, will the Theory of the Contrary Opinion play out and pump afterwards?
$BTC #HKETF
#ScamRiskWarning #Ansarmahais
#BTC🌪️
2 questions:
- Is the market pricing-in a bearish FOMC?
- If so, will the Theory of the Contrary Opinion play out and pump afterwards?
$BTC #HKETF
#ScamRiskWarning #Ansarmahais
#BTC🌪️
🚨 Slowly and then SUDDENLY
Adoption Continues!
Latin America’s largest e-commerce platform, MercadoLibre, has revealed significant cryptocurrency holdings in its recent filing with the 🇺🇸 U.S. SEC:
412.7 $BTC valued at approximately $29M
3,041.6 $ETH valued at approximately $11M
The integration of digital assets into a major corporation's treasury showcases the increasing institutional adoption of crypto.
Stay tuned for more updates!
crypto news
#Bitcoin #SEC #Adoption #Trading #CryptoNews
#BTC🔥🔥🔥🔥🔥 #ethurum #REZtoken #ScamRickWarning $BTC $ETH $BNB
Adoption Continues!
Latin America’s largest e-commerce platform, MercadoLibre, has revealed significant cryptocurrency holdings in its recent filing with the 🇺🇸 U.S. SEC:
412.7 $BTC valued at approximately $29M
3,041.6 $ETH valued at approximately $11M
The integration of digital assets into a major corporation's treasury showcases the increasing institutional adoption of crypto.
Stay tuned for more updates!
crypto news
#Bitcoin #SEC #Adoption #Trading #CryptoNews
#BTC🔥🔥🔥🔥🔥 #ethurum #REZtoken #ScamRickWarning $BTC $ETH $BNB
MORE THAN 100 PEOPLE HAVE BEEN ARRESTED IN SPAIN ACCUSED OF STEALING THOUSANDS OF EUROS FROM WHATSAPP USERS BY CLAIMING TO BE RELATIVES IN DISTRESS.
Police arrested members of a criminal group for fraudulently obtaining nearly a million euros. The arrests occurred between February and April, according to El Pais. They face charges of fraud, money laundering, and participation in a criminal organization.
The Guardia Civil revealed that victims' transfers ranged from €800 to €55,000. About 238 victims were identified in Alicante alone. The arrests took place across several Spanish cities. This follows the January apprehension of 59 individuals in a similar scam.
The fraud involves impersonating relatives in emergencies to solicit money. The scam can escalate to trick victims into revealing authentication codes, granting access to their accounts. UK residents have also been targeted, with Nottinghamshire Police issuing a warning.
Action Fraud received over 1,200 reports of similar scams on WhatsApp, resulting in £1.5m in financial losses. It's unclear if the scams in Spain and the UK are connected.
I spread awareness about scams to safeguard others, apprehend wrongdoers, and initiate talks on enhancing consumer safety, particularly for crypto traders. If you support our cause, consider following along!
#scamriskwarning #ScamRickWarning
Police arrested members of a criminal group for fraudulently obtaining nearly a million euros. The arrests occurred between February and April, according to El Pais. They face charges of fraud, money laundering, and participation in a criminal organization.
The Guardia Civil revealed that victims' transfers ranged from €800 to €55,000. About 238 victims were identified in Alicante alone. The arrests took place across several Spanish cities. This follows the January apprehension of 59 individuals in a similar scam.
The fraud involves impersonating relatives in emergencies to solicit money. The scam can escalate to trick victims into revealing authentication codes, granting access to their accounts. UK residents have also been targeted, with Nottinghamshire Police issuing a warning.
Action Fraud received over 1,200 reports of similar scams on WhatsApp, resulting in £1.5m in financial losses. It's unclear if the scams in Spain and the UK are connected.
I spread awareness about scams to safeguard others, apprehend wrongdoers, and initiate talks on enhancing consumer safety, particularly for crypto traders. If you support our cause, consider following along!
#scamriskwarning #ScamRickWarning
🚨🚨 #ScamRiskWarning Binance P2P
⛔⛔#ScamRickWarning P2P
⛔⛔#scammeralert 👇👇👇
There are some scams in Binance P2P please looking this fact....
Fake Proof of Payment: If you receive a phony receipt for a payment that never happened, it could be from scammers. Prior to releasing any cryptocurrency, always verify your wallet or bank account again.
Paid But Canceled: A vendor may accept your order, but once you pay, decline to deliver the cryptocurrency. You can be asked to cancel the order before they offer an explanation. Don't ever cancel a purchase before getting your money back!
P2P Chargebacks: These occur when a customer says that, after the cryptocurrency has been issued, they did not authorize a payment. Use safe payment options and stay away from third-party payments to prevent this.
#BinanceLaunchpool #Megadrop 😍
⛔⛔#ScamRickWarning P2P
⛔⛔#scammeralert 👇👇👇
There are some scams in Binance P2P please looking this fact....
Fake Proof of Payment: If you receive a phony receipt for a payment that never happened, it could be from scammers. Prior to releasing any cryptocurrency, always verify your wallet or bank account again.
Paid But Canceled: A vendor may accept your order, but once you pay, decline to deliver the cryptocurrency. You can be asked to cancel the order before they offer an explanation. Don't ever cancel a purchase before getting your money back!
P2P Chargebacks: These occur when a customer says that, after the cryptocurrency has been issued, they did not authorize a payment. Use safe payment options and stay away from third-party payments to prevent this.
#BinanceLaunchpool #Megadrop 😍
$68M WBTC Stolen in Address Poisoning
In this case, the unsuspecting trader transferred 1,155 WBTC to the malicious address, resulting in substantial financial damage.
A trader recently fell victim to an address poisoning scam, resulting in the loss of $68 million worth of Wrapped Bitcoin (WBTC). The incident was brought to light by Cyvers, an on-chain security firm, which detected the theft in a May 3rd post. The targeted wallet, identified as “0x1E,” saw a devastating loss of over 97% of its crypto assets, amounting to approximately $67.8 million.
#ScamRickWarning #CryptoWatchMay2024 #BTC #MicroStrategy #altcoins
In this case, the unsuspecting trader transferred 1,155 WBTC to the malicious address, resulting in substantial financial damage.
A trader recently fell victim to an address poisoning scam, resulting in the loss of $68 million worth of Wrapped Bitcoin (WBTC). The incident was brought to light by Cyvers, an on-chain security firm, which detected the theft in a May 3rd post. The targeted wallet, identified as “0x1E,” saw a devastating loss of over 97% of its crypto assets, amounting to approximately $67.8 million.
#ScamRickWarning #CryptoWatchMay2024 #BTC #MicroStrategy #altcoins
🔥🔥🔥 Caution: History's Cycle Repeats! 🔥🔥🔥
Reflect on 2022's Bitcoin plunge from $48,200 to $16,500 in mere weeks. Now, in 2024, while many anticipate a surge to $150,000, let's heed past lessons.
Beware of whales manipulating the market through mainstream media, luring in optimistic investors. When profits peak, they swiftly retreat, leaving others stranded. Don't fall prey to their tactics! Act prudently.
With Bitcoin flirting around $70k, consider securing your funds. Historical patterns suggest Bitcoin may not breach $75,000 this year. Protect your investments, stay vigilant!
#BTC #ScamRickWarning
Reflect on 2022's Bitcoin plunge from $48,200 to $16,500 in mere weeks. Now, in 2024, while many anticipate a surge to $150,000, let's heed past lessons.
Beware of whales manipulating the market through mainstream media, luring in optimistic investors. When profits peak, they swiftly retreat, leaving others stranded. Don't fall prey to their tactics! Act prudently.
With Bitcoin flirting around $70k, consider securing your funds. Historical patterns suggest Bitcoin may not breach $75,000 this year. Protect your investments, stay vigilant!
#BTC #ScamRickWarning