ScamCrypto Forum Forums Scam Reports and Alerts Crypto Scam Warning Involving – We Need Your Stories.

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      I want to raise an urgent warning about a cryptocurrency scam targeting users on social media platforms, specifically through Facebook. An individual using the name Axel Vasa has been reported to deceive users into believing in an impending financial collapse, persuading them to transfer their cryptocurrency to a fraudulent site.

      Key Details of the Scam:

      • Scammer’s Profile: Axel Vasa (WestCoast Wizard) on Facebook:
      • Method: Victims are contacted via Facebook and informed about an alleged financial collapse, suggesting that investing in XRP cryptocurrency and transferring it to a specific website will safeguard their finances.
      • Victim’s Action: Following Axel Vasa’s advice, the victim used to purchase XRP and then transferred $30,000 worth of XRP to, a site purportedly for safekeeping of the cryptocurrency.
      • Location of Victim: AZ, USA – 85213
      • Website Involved:
      • Type of Scam: Cryptocurrency
      • Date Reported: December 23, 2023
      • Amount Lost: $30,000

      This alarming situation highlights the need for vigilance when dealing with unsolicited financial advice on social media. If you or someone you know has been approached by Axel Vasa or has interacted with, sharing your story could be instrumental in preventing further scams.

      Your detailed accounts, including any messages, transactions, and interactions, can significantly aid OSINT investigations and help to track down the perpetrators behind this scam. Additionally, if you’ve encountered similar scams or have been victimized by the same scheme, your experience is invaluable.

      By sharing our stories and information, we can create a more robust defense against these fraudulent activities and protect potential victims. If you’ve been affected or have any relevant information, come forward and contribute to a collective effort to combat these scams.

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