Quote from: albon on Today at 03:54:26 PM

I expected them to use a more complex technique than this to seiize $30 million, as the amount seems really huge, and even most of the scam operations that happened in the past were the same story as what happened with the victims of the Ichcoin trading platform, which I am hearing about for the first time now.

It was more complex than the article shows, here is the full report:
https://dfi.wa.gov/consumer/alerts/alleged-cryptocurrency-platform-ichcoinnet-and-excellence-and-innovation-fortune

Quote

Another investor that received EIF courses on cryptocurrency trading through WhatsApp and Telegram sent $100,000 to the ICHCOIN platform and was led through several successful trades. On the next trade, all their money was lost so EIF offered to give them a loan to recoup their losses. When the purported loan generated positive earnings, the investor was told the loan needed to be repaid but the funds from the ICHCOIN account could not be used.

It was a scheme with courses, trading, and baiting with free money in their trading account with no first-time deposit involved in the beginning, then predatory loans and, and much more. Some were simple cases of just sending money and never seeing a penny but most of them were far more elaborate traps with multiple steps!