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Fraudulent Cryptocurrency Addresses
Reported On January 23, 2025 at 3:48 am
Cardano (ADA) Investment Scam Targeting Victims
Receiving Address:
- addr1qy72ek79yzxw9ze5uyasthpawy2qg8239xglxdw2na26kkrc4hwrgmkwwgslxrp63eg28wfrarp6k3qjsflyaxz72wxqvrszer (Cardano)
Type of Scam: Investment Scam
Description: Scammers lured victims into transferring Cardano (ADA) to this address by promoting a fake investment opportunity with promises of high returns. After funds were deposited, the scammers cut off all communication, leaving victims unable to recover their investments. This incident highlights the need for caution when dealing with unsolicited investment proposals or unverified platforms.