When it comes to crypto scams, this case stands out for its complexity and tactics. It involves a fraudulent crypto trading scheme promoted through Telegram and WhatsApp. The scammers used personal connections to build trust, claimed to offer stock trading tips, and then introduced a crypto trading opportunity. The cryptocurrency involved was Bitcoin (BTC), with funds converted on the LBank platform and later cashed out at Binance, Maskex, Crypto.com, Kraken, and OKX. Representatives from LBank even met the victim in person to collect cash.

The victim described being part of a small Telegram group where stock tips were shared. The group seemed friendly and reliable. The scammer, who initially presented herself as “Daria,” used romantic undertones to build trust. She claimed her uncle was an experienced broker guiding her trades. Suddenly, the group disappeared after she said she was traveling to Cuba. That’s when the victim realized something was wrong.

We worked closely on this case to trace the funds across multiple exchanges. Our investigation confirmed that six BTC transactions were routed and cashed out.

This case teaches you to be wary of unsolicited crypto opportunities, especially those involving Telegram groups or romantic overtures. Always verify claims and avoid platforms like LBank that have been linked to scams like this. Is this a scam? Without a doubt. Scammers preyed on emotions and trust to steal significant funds. We hope this post helps you spot similar schemes and stay safe.