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A cryptocurrency investment scam involving the website coinsmartbg.com/h5 has been reported, resulting in a total loss of $183,084 USD. The victim was directed to trade on this fraudulent platform, where their funds reportedly grew to $605,000. However, upon attempting to withdraw, the platform falsely claimed that the funds were on hold due to “compliance” issues and demanded an additional payment of $118,000 to release them.
The blockchain address linked to this scam is:
0xf6EA466A90c4C6421040b49145b504C5b65c0D55
This case highlights the dangers of unregulated platforms. Avoid engaging with coinsmartbg.com or this blockchain address, and report the scam immediately to help prevent further losses. Victims are encouraged to work with cybersecurity and legal professionals for potential recovery.