• Calculated Amount Lost: ~0.08488971 BTC (Equivalent to approximately $2,900 USD at current BTC rates)
• Scam URL: igeducationiniitiative.com
• Scam Address: 122uPC3zbzJ1UmfAv7pj5JFjXsNBCtxzj8 (Bitcoin Address)

Victim Description:

The victim fell victim to a fraudulent crypto mining and trading platform, IGEducationInitiative.com, which promised high returns on Bitcoin investments. The victim transferred the following amounts to the Bitcoin address 122uPC3zbzJ1UmfAv7pj5JFjXsNBCtxzj8 :

• 0.02542812 BTC
• 0.02956804 BTC
• 0.02989355 BTC

The total amount lost was approximately 0.08488971 BTC, valued at around $2,900 USD. The platform failed to provide any returns or further communication, confirming the scam’s fraudulent intent.

Scam Tactics:

• Fake Mining and Trading Platform:
  IGEducationInitiative.com pretended to offer lucrative crypto mining and trading services to attract victims.
• False Promises of Returns:
  The platform lured users with claims of high profitability, exploiting their trust and eagerness to invest.
• Use of Bitcoin Wallet for Transactions:
  By requiring payments in Bitcoin, the scammer ensured anonymity and complicated recovery efforts.
• No Returns or Communication:
  Once funds were transferred, the victim was left without any returns or further communication from the platform.

Cryptocurrency Address Involved:

Bitcoin Address: 122uPC3zbzJ1UmfAv7pj5JFjXsNBCtxzj8

Tracking this Bitcoin address may uncover connections to other fraudulent activities or additional victims.

Domain Information

• Domain: igeducationiniitiative.com
• Registrar: Dominet (HK) Limited
• Registered On: November 14, 2024
• Expires On: November 14, 2025
• Updated On: November 14, 2024

Name Servers:

• ns7.alidns.com
• ns8.alidns.com

Conclusion

The victim lost 0.08488971 BTC, valued at approximately $2,900 USD, after engaging with the fraudulent mining and trading platform IGEducationInitiative.com. Funds sent to the Bitcoin address 122uPC3zbzJ1UmfAv7pj5JFjXsNBCtxzj8 are irrecoverable, with no services or returns delivered.