• Calculated Amount Lost: $800 USD
• Scam URL: decentralizedincome.live
• Scam Address: 15VNkjigTKzCYFTWP2hjQ59fotmTXvFe74 (Bitcoin Address)

Victim Description:

The victim was deceived by DecentralizedIncome.live, a fraudulent trading and investment platform that falsely claimed to offer profitable cryptocurrency trading services. The victim transferred $800 USD worth of Bitcoin to the provided address, 15VNkjigTKzCYFTWP2hjQ59fotmTXvFe74, in anticipation of high returns. After making the deposit, the platform stopped communicating, and no returns were received.

Scam Tactics:

• Fake Trading Platform:
  The website decentralizedincome.live posed as a legitimate trading platform, claiming to offer lucrative investment opportunities.
• False Promises of High Returns:
  The platform used exaggerated claims of profits to entice the victim into transferring funds.
• Cryptocurrency Wallet Use:
  The scam exploited the anonymity of Bitcoin transactions, making it challenging to track or recover the funds.
• No Refund or Follow-Up:
  After receiving the funds, the platform ceased communication, leaving the victim without any recourse.

Cryptocurrency Address Involved:

• Bitcoin Address: 15VNkjigTKzCYFTWP2hjQ59fotmTXvFe74
  Tracking this Bitcoin address may reveal connections to other scams or victims.

Domain Information:

• Domain: decentralizedincome.live
• Registrar: Atak Domain Bilgi Teknolojileri A.Ş.
• Registered On: November 16, 2024
• Expires On: November 16, 2025
• Updated On: November 21, 2024

Conclusion:

The victim lost $800 USD after trusting the fraudulent trading platform decentralizedincome.live. The Bitcoin sent to the address 15VNkjigTKzCYFTWP2hjQ59fotmTXvFe74 was irrecoverable, and no promised returns were delivered. This incident underscores the need for thorough research and caution before engaging with online trading platforms. Victims are encouraged to report the scam to authorities and use blockchain analysis tools to trace fraudulent transactions and potentially prevent future scams.