Home Bitcoin News Bitcoin Scam Good friend request? Beware, it could possibly be a bitcoin rip-off – Bangalore Mirror

Good friend request? Beware, it could possibly be a bitcoin rip-off – Bangalore Mirror

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Cybercriminals dupe lady of Rs 40,000 after she invested in bitcoin app in bid to realize revenue in lakhs

Cybercrime police say that there’s a brand new bitcoin (BTC) rip-off going viral that preys on folks utilizing Instagram and different social media platforms.

A consumer will get a good friend request from a identified good friend which might be a pretend account. As soon as the consumer accepted the request, cybercrooks would begin a dialog saying they’ve made income by means of bitcoin buying and selling. If the consumer reciprocated, he/she can be requested to start out investing cash, and very quickly, all of the BTCs can be withdrawn from the consumer’s pockets.

A 26-year-old lady techie is the most recent sufferer. On July 29, the techie, a resident of Electronics Metropolis obtained a good friend request from an previous good friend which she didn’t know was a pretend account. The cybercrook began to speak to her, saying if she was , she might give it a attempt by beginning to make investments small quantities.

She was then tutored on methods to use the Binance App and requested to speculate Rs 15,000 for which, the promised returns by means of Bitcoins was price Rs 1.8 lakh which might be transferred to her on-line pockets. After investing Rs 15,000, the sufferer additionally received an alert by way of Binance app that her Bitcoin account was credited with Rs 1.8 lakh price of BTCs, however to get it transformed and credited into her checking account, she needed to pay up one other Rs 25,000 which she did, but it surely didn’t occur.

When the sufferer checked with the legal, she was requested to deposit cash once more. By then, the sufferer suspected foul play. She then approached with the Southeast CEN police station and filed a grievance.

Based mostly on her grievance, the cops have registered an FIR reserving the unknown accused beneath sections of 66-C and 66-D of the Data Know-how Act.

“As the quantity is invested straight by means of these apps which have encrypted accounts, it is vitally tough to hint the encrypted account to which it’s siphoned and freezing these financial institution accounts is a problem for investigating officers,” a senior police officer from Southeast CEN police station stated.

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