WallStreetBets Redditors Lose $2.1 Million to Crypto Scammers
CoinEdition
Published May 08, 2021 05:03AM ET
Updated May 08, 2021 05:30AM ET
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
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
Continue reading on CoinQuora
Get The News You Want
Written By: CoinEdition
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.