The profit shows on screen; the withdrawal never does.
Cryptocurrency fraud
Cryptocurrency fraud uses wallets, tokens or yield bots to collect deposits in digital assets and block any withdrawal.
Timeline
Idea
Exploit what looks new
Technical terms and the promise of exclusive technology reduce the chance of questions.
A project full of acronyms and jargon.
Plan
Build community and social proof
Groups full of profit screenshots and “member” testimonials that are actually the team.
A group that only shows gains.
Objective
Deposit, never withdraw
Depositing is easy; withdrawing requires a fee, a new deposit or “verification”.
A fee to release the withdrawal.
Execution
Push for more
Limited-time offers and bonuses for anyone who deposits faster.
A short window to invest.
Outcome
Vanish with the wallet
The channels close, the token loses value and the wallets lose access.
The site and group are shut down.
Other cases
- See how the scam works
The guaranteed return that only exists in a screenshot.
Fake investment
A fake investment is a platform or adviser promising high guaranteed returns in order to collect deposits; the profit appears on screen, but withdrawals are never released.
- See how the scam works
A perfect story with a request that cannot wait.
Romance scam
A romance scam is a relationship built through messages by someone who never meets in person and who, once attached, asks for money for an emergency.