• Calculated Amount Lost: $2,616.39 USD
• Crypto Lost: 226,199 ARB (Arbitrum Coin)
• Scam Address: 0xb20cf6c2cb2b0970be2a793d3e6d39d6e15563a5 (Ethereum Address)

Victim Description:

The victim reported a loss of 226,199 ARB coins, valued at approximately $2,616.39 USD, due to a fraudulent crypto investment scheme. The scam involved sending funds to the Ethereum address 0xb20cf6c2cb2b0970be2a793d3e6d39d6e15563a5 . Despite promises of substantial investment returns, the victim received no profits or refunds, and the platform failed to provide further communication.

Scam Tactics:

• Fake Investment Scheme:
  The scammer offered a fraudulent crypto investment opportunity, misleading the victim into transferring large amounts of ARB tokens.
• No Returns or Communication:
  After the transfer, the platform failed to deliver the promised returns or respond to the victim’s queries.
• Use of Cryptocurrency Wallet:
  The scammer used an Ethereum-based wallet address for receiving ARB coins, leveraging the anonymity of blockchain transactions.
• Unspecified Website:
  The victim did not provide the website name, indicating that the scam may have relied on direct communication or private channels.

Cryptocurrency Address Involved:

• Ethereum Address (ARB Coin): 0xb20cf6c2cb2b0970be2a793d3e6d39d6e15563a5

Tracking this wallet may help link the scam to other fraudulent activities or identify additional victims.

Conclusion

The victim lost 226,199 ARB coins, valued at approximately $2,616.39 USD, after participating in a fraudulent investment scheme. The funds were sent to the Ethereum address 0xb20cf6c2cb2b0970be2a793d3e6d39d6e15563a5 , with no returns or refunds provided.

If additional information, such as the scam website name or communications, becomes available, I can update and enhance this report further.