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Topic: Crypto scam on Instagram - page 2. (Read 248 times)

legendary
Activity: 2436
Merit: 1104
March 04, 2021, 04:26:23 PM
#2
ignorance, stupidity, need, desperation, laziness, there is a lot more reason why there are people who keep falling for this kind of scam and no matter how much people try to publicly warns them of this kind of dangers on the internet there will always be people who will miss the warnings or just completely ignore it. also, you'll notice the majority of the victims of these scams have no idea what the other guy is talking about and I am sure you know that a lot of people can be easily persuaded if someone promises great results on what he/she about to do.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
March 04, 2021, 03:57:00 PM
#1
I wonder how people are still falling for this scam, to believe and depend on someone they have never seen or known before, this type of scam is common on almost all social media platforms if not even all, where scammers will strategically and professionally impersonate people that do not know much or not yet fallen into such scam before.

Quote
Whitestream, which serves large institutions such as Israeli Ministry of Defense and global cybersecurity firm VERINT, discovered the scams on the social media platform Instagram. The Instagram accounts are designed to look like they’re from America or Europe, but Whitestream was able to track down that they actually originated from another country.

The scams, which target new crypto users, look very close to other widespread cryptocurrency scams. The scammers ask users to send bitcoin (BTC, -4.66%) directly to them, promising profits, but instead run away with the money.



As for me, I do not focus on the country this scam is originating from because it can be from any other country in the world, what most concern me is for people to learn and educate themselves on how to avoid such scam, people should not trust anyone on social media, if a stranger introduce someone into business be it on any social media, it is 100% scam, if the business is too real to be good by promising high yield return.

You can read about this in details here
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