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

WalletConnect Expands Payment Access on Stellar

WalletConnect expands payment access on Stellar with WalletConnect Pay, enhancing options for users and merchants.

user avatarBayarjavkhlan Ganbaatar

Jane Street Capital Joins Hashdex Nasdaq CME Crypto Index ETF as Authorized Participant

Jane Street Capital has been added as an authorized participant for the Hashdex Nasdaq CME Crypto Index ETF, enhancing its market structure.

user avatarMohamed Farouk

Anthropic's AI Uncovers Critical Linux Vulnerability

Anthropic's AI, Claude, has uncovered a severe Linux vulnerability allowing attackers to gain full control of servers without a password.

user avatarElias Mukuru

Importance of Technical Presentations at Devcon

During the Devcon conference in Mumbai, technical presentations highlight trade-offs in Ethereum development and the importance of reproducible benchmarks.

user avatarKenji Takahashi

Solmate Infrastructure Addresses Crypto Treasury Concerns Post-Security Incident

Solmate Infrastructure addresses crypto treasury concerns by clarifying its asset custody arrangements following a security incident.

user avatarDiego Alvarez

Ethereum Developer Community Gathers for Devcon in Mumbai

The Ethereum developer community is gathering in Mumbai for Devcon, focusing on privacy, security, and open-source applications.

user avatarMaria Fernandez

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.