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Topic
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Receiving address
0x70434d1e06fa90242b8bc5ac4e1611053a5b4419 
(Ethereum Blockchain)
Type of Scam: Investment Scam
Details
Victims are falsely promised significant investment returns and are directed to transfer funds to the provided Ethereum address. After receiving the funds, scammers sever communication, and no legitimate investment activity takes place.
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