A victim lost 0.4 ETH (approximately 978.31 USD) after falling for a fake crypto mining and investment scam. The scammer initially contacted the victim through social media. Continued the conversation through text, and convinced the victim to invest in a fraudulent mining operation. Once the Ethereum was sent, communication ceased, and the funds were never recovered.

• Scam Type: Fake Crypto Mining and Investment
• Contact Method: Social Media and Text
• Ethereum Address: 0x239621B86D67aE3861D496a2229d1359BE1EB7f0
• Amount Lost: 0.4 ETH (~978.31 USD)

How the Scam Worked:

Initial Contact: The scammer reached out via social media, posing as a crypto investor or mining expert, offering fake investment opportunities with high returns.

Communication Shift to Text: After gaining the victim’s trust, the scammer continued to communicate through text messages, further solidifying the false narrative of profitable crypto mining.

Loss of Funds: The victim was convinced to transfer 0.4 ETH to the Ethereum address 0x239621B86D67aE3861D496a2229d1359BE1EB7f0, with the expectation of returns. However, once the funds were sent, all communication stopped.

Conclusion

The Ethereum address 0x239621B86D67aE3861D496a2229d1359BE1EB7f0 is connected to a crypto scam that preys on individuals through social media and text, promising high returns on mining investments. Always be wary of unsolicited investment offers, particularly through social media. Verify the legitimacy of any investment before transferring cryptocurrency. If you believe you’ve been scammed, report the incident to relevant authorities immediately.