Quote from: Abbatty on May 30, 2024, 10:47:55 AM

The rate of scam that has been happening in telegram seems to be increasing day by day and i was surprised with this strange strategy adopted by scammers so i decided to share it to prevent more people from falling victim. I recently stumbled across a post on a telegram group where a user claiming to be having difficulty withdrawing his funds of $270 USDT from his wallet to Binance and seeking for other people’s help to withdraw the funds. See image below

He posted his wallet seed phrase and private key and also a screenshot of the balance of the wallet just to lure poeple because he knows alot of people will try to steal his funds from him.

I was suspecting it to be all fake but then i thought he mistakenly shared his seed phrase and private key due to ignorance but to my surprise he actually came up with this idea to steal from people who try to steal from him. I was scared that he’d lose all his money and was expecting him to complain on the chat that his money was stolen but an hour passed no one complained so i decided to import the wallet and saw that his wallet was still intact that was when it rang a bell and when i checked the transaction history i saw lot’s of TRX being received from people trying to steal from him or rather people trying to help him send out his funds and later the received TRX are being send out by the scammer to a different address and all sent out TRX were all sent to the same address. The TRX was supposed to be used as gas fee to send out the USDT.

See transaction history below

This is a very dubious and smart strategy, we ought to be careful online especially on telegram, alot of people are going extra miles, thinking of anything possible just to scam others. I will say not everything you see online is true, be careful even when you feel you just want to help someone.

Actually you did absolutely well by sharing this information, I think this will serve as a big note of warning to those people you're still new in this crypto space, and also in telegram, a lot of things is really happening in the internet this time. the knowledge of scammers keep increasing day by day, that is how they are also coming up with different strategies so we need to be extremely careful this time so that we won't fall a victim to them.