Fake Gold-Backed Ethereum Investment Used in Crypto Scam

[bonk]

Investigators say the alleged fraudsters promoted a fake investment opportunity involving Ethereum, claiming it was backed by physical gold. Victims were first contacted through messages that appeared to be sent by mistake, often on platforms such as WhatsApp and Telegram, before the scammers gradually built trust and introduced the supposed investment.

Once convinced, victims were instructed to purchase Ether and send it to specific crypto wallets. Court documents say the funds were then routed through multiple intermediary addresses, converted into Tether, and transferred to wallets controlled by the scammers.

[kevin1]

oh sure, ether backed by gold because scammers totally read my dreams and made them real