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Fraudulent Cryptocurrency Addresses
Reported On January 23, 2025 at 3:45 am
Cardano Investment Fraud Scheme
Receiving Address:
- addr1qxrwe0hegvpf6j9x8xt9kxf2cetatdckfvpew3a73yfvmrf75sckjvknuasar8dcfxm353u3qk8hqnfvdw9d6rzna85sgjext8 (Cardano)
Type of Scam: Investment Scam
Description: Victims were deceived into transferring Cardano (ADA) to this address as part of a fraudulent investment opportunity promising significant returns. Once the funds were sent, the scammers ceased communication, and the victims did not receive any profits or refunds. This case underscores the importance of verifying the legitimacy of cryptocurrency investment offers before transferring funds.
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