Home Bitcoin News Bitcoin Scam Boynton Seaside man warns others after shedding $15,000 in cryptocurrency rip-off – WPTV Information Channel 5 West Palm

Boynton Seaside man warns others after shedding $15,000 in cryptocurrency rip-off – WPTV Information Channel 5 West Palm

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BOYNTON BEACH, Fla. — A Boynton Seaside man referred to as Contact 5 after shedding $15,000 in an internet relationship and cryptocurrency rip-off that he’s now warning different shoppers about.

For Kevin Kok in Boynton Seaside, cryptocurrency was all the time a breeze.

“I’ve finished crypto earlier than the place I’ve had my coin base and my digital pockets,” he informed Contact 5.

Nonetheless, this time was totally different. Kok mentioned he was tricked right into a cryptocurrency rip-off by somebody he thought he was relationship on-line.

Kevin Kok explains how he misplaced hundreds of {dollars} within the on-line relationship scheme.

“She put cash into my pockets, into this app, and this app is tremendous loopy the place it is like a shadow. So, the whole lot seems to be working however within the background. They’ve whole management,” Kok mentioned. “So, it seems such as you’re earning money, however your cash is already gone.”

He informed Contact 5 he ended up shedding $15,000 and by no means heard once more from the scammer, who he thought he was relationship for months.

Again in July, the FBI put out a warning about pretend crypto apps, just like the one Kok used, which brought on shoppers to lose hundreds of thousands of {dollars} final yr.

“We’re seeing increasingly more of those crypto-type scams,” Alan Crowetz, WPTV’s cybersecurity knowledgeable with InfoStream, Inc., mentioned.

Crowetz mentioned, sadly, they usually appear attractive.

Alan Crowetz urges everyone to be skeptical of others that they are speaking to online, especially when it comes to money.
Alan Crowetz urges everybody to be skeptical of others that they’re talking to on-line, particularly on the subject of cash.

“These guys are masters at faking issues, at sending pretend info, at trying very legitimate,” he mentioned.

Crowetz mentioned shoppers have to have their guard up doing something on-line nowadays, particularly on the subject of their cash.

“Consciousness is a giant one and paranoia. I hate to say it. Query the whole lot. In relation to cash, something that is pressing, like, ‘You might want to do that earlier than right now is over,'” Crowetz mentioned. “The unhealthy guys are getting higher, sooner than the nice guys aren’t catching up.”

That is why Kok referred to as Contact 5, eager to share his story.

“If I can cease somebody from simply even taking place this slippery slope that I went down, it is price it,” Kok mentioned.

The FBI recommends crypto buyers take the next precautions:

  • Be cautious of unsolicited requests to obtain funding functions, particularly from people you haven’t met in particular person or whose id you haven’t verified
  • Take steps to confirm a person’s id earlier than offering them with private info or counting on their funding recommendation 
  • Confirm an app is official earlier than downloading it by confirming the corporate providing the app really exists, figuring out whether or not the corporate or app has a web site, and guaranteeing any monetary disclosures or paperwork are tailor-made to the app’s goal and the proposed monetary exercise
  • Deal with functions with restricted and/or damaged performance with skepticism

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