Over 2950 People Victimized by Cryptocurrency Scam

user avatar

by Giorgi Kostiuk

2 years ago

With the growing popularity of cryptocurrencies, scams and thefts have surged. Recently, over 2950 individuals in Mexico have fallen victim to a scheme involving the cryptocurrency trading bot AMG GPT.

Incident Details

This scam was previously covered by Milenio and involves the company AMG GPT, which had offices in Puebla and Tehuacan. Users claimed the company promised daily profit payouts, but after deposits, customers faced withdrawal issues. Initially, some users did receive profits, but later payouts ceased. One customer reported being asked to pay a verification fee to withdraw their funds. After the closure of offices, some purported 'leaders' claimed they were also victims of the scheme.

Addressing the Issue

Some investors filed complaints with law enforcement and tried reaching out to the company's representatives. However, the offices in Tehuacan were found empty, and the identities of those responsible remain unknown.

The offices in Tehuacán have completely disappeared, leaving the premises empty. And, although some supposed 'leaders' have been identified, they have also claimed to be victims of fraud.

Trends in Crypto Scams

Cryptocurrency scams and thefts are on the rise. Since the beginning of the year, the market has lost over $2 billion due to scams. Centralized platforms were the most affected, followed by DeFi. This year, techniques like social engineering and market manipulation have been particularly prevalent. Despite this, the value of some cryptocurrencies, such as Bitcoin and Ethereum, continues to increase.

Technological advancements offer both opportunities and risks. By taking precautions, it's possible to reduce the risk of falling victim to fraud.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

NOX FUND's Referral System Offers Significant Passive Income

NOX FUND features a robust referral system that allows users to earn up to 20% in total commissions across a 7-level downline.

user avatarMiguel Rodriguez

NOX FUND Smart Contract Offers Guaranteed Daily Returns

A revolutionary smart contract called NOX FUND has just launched on BNB Smart Chain, providing users with guaranteed 15% daily returns on USDT deposits.

user avatarMaria Fernandez

NGRAVE Reports Major Crypto Phishing Attack

NGRAVE reports a significant phishing attack targeting LIQUID app users, resulting in the theft of at least $256 million.

user avatarMaria Gutierrez

Zcash NU7 Upgrade Scheduled for Early November

The Zcash NU7 upgrade is set to activate on November 5, aiming to reduce block time from 75 seconds to 25 seconds.

user avatarGustavo Mendoza

Exchange Tokens Are Being Redesigned to Focus on User Retention

Exchange tokens are undergoing significant redesigns aimed at improving user retention rather than just attracting initial attention.

user avatarRajesh Kumar

PancakeSwap Proposes Changes to Liquidity Provider Fees and CAKE Emissions

PancakeSwap has opened voting on a proposal to increase liquidity providers' share of trading fees to 88% while reducing daily CAKE emissions to 7,000.

user avatarLuis Flores

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.