Scam Type: Fake Mining and Social Media Fraud

The website friri.net has been exposed as a fraudulent crypto mining platform that targets victims through social media, using fake profiles to lure investors. The scammers behind this site demonstrate false profits through demo accounts to build trust, but once real money is invested, the funds vanish, and the victims are left with no recourse.

Platform: friri.net
Amount Lost:

•  0.10595175 BTC (Bitcoin Address: 14neSXFE1Ubk3VZgjRrKEMVC1G7jexnNTB)
•  189.315217 XRP (XRP Address: rKKbNYZRqwPgZYkFWvqNUFBuscEyiFyCE)

Scam Breakdown:

1. Social Media Connection:
   Scammers connect with victims via social media platforms, often posing as successful investors or mining experts. They use fake profiles to build trust and convince victims to invest in friri.net.
2. Fake Demo Accounts:
   The platform shows impressive demo account returns, giving the appearance of profitability. These fake profits entice users into depositing real funds, believing they will see similar returns.
3. Loss of Funds:
   Once the victims deposit their funds into the platform, they lose access to their money. Scammers vanish, and the promised profits are never realized.

• 0.10595175 BTC was lost to the Bitcoin address 14neSXFE1Ubk3VZgjRrKEMVC1G7jexnNTB.
• 189.315217 XRP was lost to the XRP address rKKbNYZRqwPgZYkFWvqNUFBuscEyiFyCE.

friri.net Conclusion:

friri.net is a fake crypto mining platform that scams users by showing fake profits through demo accounts and disappearing with real funds once deposited. Be extremely cautious when approached with crypto investment opportunities on social media. Verify the legitimacy of any platform before transferring funds, and avoid sending money to unknown addresses. Report suspicious activity to the relevant authorities.