Topic: Watch wallet scam (Read 172 times)

Ei, ebi unfortunate say some people dey use watch wallets as ein means to scam people wey dem no dey expect. Ebi very important make we all dey sharp nd dey cautious anytime we dey deal with anybody online or any other place. If something e dey look too good to be true, then ebi so. Ebi always important make we do we due diligence and research well-well before we put time or money inside.

Thank u say U share ur experience with us and we follow u sympathize on ur loss of funds. I follow thank U for d reminder say make we all dey careful nd no make we fall victim to this kind scam. We all for look out for each other and make we stay safe anytime we dey online.

Sharp 📌

Well thank you for bringing this to the attention of the local board. But from the look of things e dey easy for person to figure out say na scam. E just be like this fraudsters wey dey carry fake dollars around for taxi and when you enter their hands them go begin dey do their thing come tell you say them go fit print plenty dollars give you our own cut but wetin dey be say dem need money to buy chemical, dat if you fit bring money make dey buy de chemical dem go run am quick quick. Naso this your tori be. Person no need to be expert for crypto to know this but common sense suppose tell you say na scam.

You are correct mate. I see no reason why one on his or her right senses would fall for scams If not for greed and selfish interest. As a normal human being one should be able to detect a scam and do away with it immediately to avoid the unfortunate to happen but out of desperation, greed and selfish interest, it seems like being bent on getting the fish out of the hook which ends up catching them in.




Your friend was very smart and lucky enough to plot his own scheme very fast upon realizing the person he was chatting with is a scammer.  I guess the scammer was thinking your friend was a mugu to have fallen for his tricks of sending him the Tron so he quickly sent it to your friend to convince him but forgot the scheme he himself was trying to plot. He now became the victim of his own plans.
That serves him right. In his next sojourn he will never think of it to any random person's the feel will fall for their gimmicks.


Newbies are more likely to be prone to all these tricks as they have no idea and experience on how the system works so they are likely to fall for them. It takes only a smart person to quickly detect their tricks and discard them immediately.

I think they needs to be purely oriented based on all those cheap scamming attempt from poor individual who doesn't know whom to scam than just newbies. I understand how zealous they are when such an opportunity gets to their hands couple with way things are going on with our country they felt is real and they are eagerly wanting to utilize such opportunities, and wonderful offer it seems to them.
Well any newbie can escape such attempt if they removed greed because most times is greed of getting rich that always ends them up getting into being scammed by a common cheap scammer.

LOL, you know, my friend, it's just circumstance that makes people fall victim to some kind of sophisticated scam, but having to fall victim to some pretty cheap scam like this one is just bad. I know some times an absolute lack of experience can cause us to fall victim, but when you come across this sort of scam, the first thing to enter your mind is, "Does anyone really come online to showcase such a huge amount of money to people, if not just to entice and scam one". Or "is there a way a reasonable thing comes so easily?" There is no very profitable thing that comes so easily; good things come with a lot of effort, time, energy, and smart thinking, but I am glad you are experienced about this now and are also warning others.


I can say that in the past, my friend scammed a scammer who wanted to scam him. How did it happen? It happened that day that he received a message on Telegram from an unknown TG user who asked him to help him with the gas fee in Tron so that he could withdraw a token in the wallet he showed my friend, and he promised that he would give my friend about $1k worth of the token if he succeeded in withdrawing the token, which was worth $20k+. So my friend entered a CEX and purchased Tron coin, but in that exchange the minimum Tron withdrawal is above $10, so my friend took a screenshot and sent it to him, telling him that he had just spent $10 to purchase Tron but could not withdraw it because the minimum withdrawal is about $20. This foolish scammer foolishly sent an extra $10 to the address my friend sent him, and my brother blocked him. That's all I cam remember.

 Let's be more careful and never fall into these cheap scams; they were very popular in 2018 and 2019.

A crypto rookie who is unfamiliar with crypto wallets will not comprehend what watch wallets are, even if it is shown at the top of the wallet. They should be aware that anything that appears to be too good to be true is not. This is simple logic; you don't need to be a crypto expert to understand that when someone offers you $25k in crypto and asks you for $1k or less to buy the wallet private key to access the money, it's a scam attempt because if they had such a key to access such a large sum of money, they wouldn't go around trying to sell it for a few cents.


What you're referring to is an airdrop scam, in which users are urged to connect their wallets to smart contracts in order to receive airdrops, and this process can result in the scammer gaining access to your wallet if the smart contract is coded with malicious intent.

Newbies are the most targetted for thos kind of scam since the scammers know that their don't have adequate knowledge about wallet and balances and which one is spendable or not, watch wallet is one of the common scam that happens in the cryptocurrency space and some newbies who allow they greed to get the best part of the reasoning will fall for this due to the large fake balance that will be displayed to them.

I have come across this scam twice befor, the first one was an unknown user sending me log in details to a wallet that contains thousands in USTD, coins but since I already know this scam attempt I quickly blocked the user, another time was through emails and this time about 3 bitcoin were in the wallet and the guy says I should pay the fees to get the wallet unlock, but since I have not work to earn such amount in Bitcoin, I quitley told the guy to keep his money that I am not interested.

So newbies have to be careful to note that cryptocurrency is trustless, and you should never send your money to people you meet online with verifications.

I think I saw something of this nature this morning on the bitcoin discussion board while trying to recall where I saw similar thing of that nature so I could immediately respond to it but engagement and activities could not allow me do the needful immediately. So I had to wait till now as I checked the local board i saw this post then I remembered I saw similar thing I had to check but it is no more in the bitcoin discussion board and it seems moderator deleted it because it was having key phrase as you have said here. Just what you explained here replicated itself.  And the scammer mentioned the amount on the wallet together without the key phrase so that a desperate novice could fall easily for their tricks.
OP you did a nice job by exposing them here. Atleast we know how they operate now. Newbies can take caution from this update now.

Well I understand that is the major rumor's flying around now so I don't blame him for that, we needs to be very careful especially those that are here I expect them to be very smarter to easily detects a scammer. At then whatever thing around me I don't understand including some kinds of telegram inbox messages for investment and the rest I do consults trusted people whom I think were very clever than me.

Ponzi scheme is a no go area for me even though they are 10 Billions Naira per day I don't put my ass over there because I know certainly it must crashed and people who are just coming would fall victim of it. As matter of fact this forum has given me an edge to easily understand phish out fake investment platform.

I have not heard such wallet before but a friend about the scam on such wallet. He told me that if you send the money to the person, he would collect the money and also wipe everything from the wallet. Adbitco you don't have to blame him because not everyone know that watch wallet is for scammers, what he would have done is to detect the scammer early. As it is now in Nigeria, Ponzi schemes is the tok of the day in every corner and I pray that those who are here with us should not fall into those scammers hands.

Watch wallet always displayed as watch wallet only, so I don't see any reason why you shouldn't know the real wallet and the fake wallets. Just that we Nigerian are too greedy so if someone shows you something like that you don't need to be carried away and quickly make payment in other to receive other money. By right no one will give you without something attached to it, so don't be carried away by greed also be consulting people at all costs.

Even common person go suppose know say this kind of tin na scam scheme and nothing you go wan tell am again for am to beliv. How person go millions com leave am dey ask for 10k to use give access to another person to collect the million, or abi beta tin no dey hungry am. Na just like the other person talk am, na only greed fit mk person fall for this kind small pikin scam scheme.

Well said op, I think falling for this trick is linked to greediness of many people. Some have believed that free money is possible, if the money is free as they claim, what need is it for people to claim with money. This guy's are taking advantage of newbie in the Crypto space to make money with their deception. There is no free money anywhere, any such promise is a scam. Any free offer that is based on big sum of money is questionable. Same thing goes to new Crypto investment platform with unimaginable ROI. Institutions/companies that have made it big have not at any time share those big sum of money to people without anything offered in return. One need to be wise in this desperate moments of sunden wealth.

It is true that some people use watch wallet as a means of scam. I was a victim last time I was following the directions of this guy who I met online and before you know it I saw over $234,400 in the wallet,I was surprised and very happy and this guy said I should pay for login so I can access the money I was like why can’t I just withdraw this money the guy said I have to pay for the login I felt uncomfortable because if he can access this type of money in is it arch wallet 10k won’t be is problem for him many people fell for this and we are about 300 in that group so my advice for us is let be careful and don’t fall victim of this scam.