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WallStreetBets Redditors Lose $2.1 Million to Crypto Scammers

Published 05/08/2021, 05:03 AM
Updated 05/08/2021, 05:30 AM
WallStreetBets Redditors Lose $2.1 Million to Crypto Scammers

WallStreetBets Redditors Lose $2.1 Million to Crypto Scammers

  • Members of the Reddit forum WallStreetBets were targeted by crypto scammers
  • 3,451 Binance Coin (BNB), around $2.1 million worth were taken
  • The scammers offered “WSB Finance” token before it’s listed in exchanges
Recently, members of the r/WallStreetBets subreddit were targeted by a Telegram-based initial coin offering scam. The scammers took $2.1 million dollars worth of Binance Coin (BNB) and never delivered the WSB Finance tokens that they offered.

According to Bloomberg, the pre-mine sale accepted BNB and ETH in exchange for WSB Finance. However, the buyers never received any tokens after sending their BNBs to the scammers’ BNB wallet.

Shortly after, the Telegram scammers announced that there was a problem with the transactions. They urged users to send an equal amount to the wallets again or they would lose their initial investment.

After a while, 3,451 Binance Coin (BNB) was removed from the crypto wallet. As per...

This article was first published on coinquora.com

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Latest comments

sounds like an article aiming to make the subreddit look bad. mentioning crypto on WSB gets you an insta ban. let alone run a scam. you need better sources.
They unbanned crypto a while ago bud
this article sounds like a big lie. no data, no source, nothing! discreting the subreddit maybe?
haha
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