A recent cryptocurrency scam has emerged involving a fake. AliExpress offer, where a victim was lured into sending 0.05393907 BTC to the address bc1qp2xnew3g5hdsc2vd5fc04elak84j7858f26yxs. The scammer, posing as a legitimate AliExpress seller, offered products at a 90% discount to entice the victim. Unfortunately, once the Bitcoin was sent, the scammer disappeared, and no goods were ever delivered.

Scam Method

The scammer connected with the victim through social media. Pretending to be a seller on Fake AliExpress Offer with special offers and huge discounts—up to 90% off on popular items. The victim was instructed to send Bitcoin to complete the purchase, but after the payment of 0.05393907 BTC (worth approximately $1,400), the scammer stopped responding, and the transaction turned out to be fraudulent. No goods were delivered, and the victim’s funds were lost.

Receiving Address Analysis

The Bitcoin address bc1qp2xnew3g5hdsc2vd5fc04elak84j7858f26yxs has been involved in other similar fraudulent activities. Scammers often use this tactic of offering too-good-to-be-true deals to attract victims. The activity associated with this address shows rapid fund movement, typical of crypto scammers trying to obscure their trail and launder the stolen cryptocurrency.

Loss of Funds

In this case, the victim lost 0.05393907 BTC through the scam, believing they were purchasing discounted items from a legitimate AliExpress seller. However, the scammer used social media and cryptocurrency’s anonymity to steal the funds without delivering any goods.

Conclusion

The Bitcoin address bc1qp2xnew3g5hdsc2vd5fc04elak84j7858f26yxs is linked to a fake AliExpress scam, where a victim lost approximately $1,400 USD worth of Bitcoin. Be cautious when dealing with sellers offering extreme discounts, especially those requesting cryptocurrency payments. Always verify the legitimacy of the seller and platform before making any transactions. Avoid sending money to this address and report any suspicious activity to the appropriate authorities.