A cryptocurrency investor recently fell victim to a scam orchestrated through redbaxmobile-agency.com, resulting in a financial loss of $11,400. This sophisticated scheme involved a series of transactions to multiple cryptocurrency addresses, each strategically timed and executed to avoid raising suspicion.

The scam began when the victim, believing in a profitable investment opportunity promoted by redbaxmobile-agency.com, made an initial transfer to the Ethereum address 0x731e59aF6DdF14Da25EB13BF1260dB1B37feeDDb. Shortly after, further investments were requested, citing various transaction requirements and fees needed to “activate” or “release” returns. This tactic created an illusion of legitimacy, as each successive transaction appeared to bring the victim closer to accessing their funds.

The victim proceeded to send payments across multiple Ethereum addresses, including 0x538619b93CfD292a02fAF29bee76EA191605B025, 0x601A422720d9c2BD68e7aE40575F73B4f710d193, and 0xADe54C2EEb8c87D6C889373a8afed7537899F3D8. The scammers repeatedly assured the victim that these transactions were essential steps in securing profits. However, when the victim attempted to withdraw, they were denied access and faced additional payment demands.

Additional addresses used in the scam include 0x1FaF4d8eF1C39a3F5D86cfcC60b57CDA895Cf46e, 0xC9146353560520183d94c76E8dE711DB2b66cA08, and 0x860DbeB89cb30C44765b53099aF1B4596e2A90De. Despite each payment made to these addresses, no funds were returned to the victim, and the fraudulent demands continued.

Ultimately, after a final round of payments, the victim realized that their funds were irretrievable, with losses totaling $11,400. The redbaxmobile-agency.com scam highlights the need for caution when investing through online platforms that demand multiple transactions to various cryptocurrency addresses, especially without a clear path to immediate withdrawals.