If you’ve encountered a scam involving investments in cryptocurrency, especially using exchanges like Rockitcoin, Bybit, Kucoin, or Coinbase, this case may resonate with you. We recently investigated a troubling scheme where a scammer lured an individual to invest through false promises. The victim lost $28,000, traced through Bitcoin transactions, some involving these platforms. Unfortunately, critical transaction details were missing due to a technical issue with the victim’s wallet. This made our work even more challenging but not impossible.

The scam began with convincing promises of lucrative returns. Once the victim invested, the scammers demanded additional payments disguised as taxes or fees. These are common tactics to extract even more money. In this case, the scammer accessed funds through major exchanges. It’s unclear if the exchanges knew about the fraudulent activity, but the transactions suggest a well-coordinated scam.

We stepped in to help trace the funds and create reports for law enforcement. Our team also provided guidance on how to proceed with police filings. While the outcome is still pending, we tracked the flow of funds to a few exchange accounts, which could offer leads for investigators.

This is a clear example of how scammers prey on trust and manipulate victims to access their money. The promises were fraudulent, and the transactions point to deliberate deception. If you’re considering investing in crypto, consider this a warning: Always double-check the legitimacy of any platform or person asking for money.

CNC Intelligence has been deeply involved in this case, providing forensic tracing and support. If you’ve experienced something similar, don’t hesitate to act quickly. Scams like this can be stopped when we work together to expose the tactics used. Stay vigilant and protect your assets.