Fraud and fraud in the cryptocurrency market is widespread, and fraudulent operations succeed many times due to the ambitions of some, and those who see the cryptocurrency market as Aladdin's magic lamp can easily achieve profits in record conditions.
Recently a bitcoin trader made huge returns by investing in his BitMEX fund, later to take in more than one million riyals - the equivalent of about $ 380,000 - from bitcoin to show later that he had made a fraud.
According to a Twitter user with the username “stealthbomber21,” a Bitcoin trader who calls himself “hitsXBT” on Twitter deceives investors and invites them to invest in his Bitmex fund.
The suspect persuaded people to send their Bitcoins to lock them in for a while during which the alleged fraudster traded, took his commission and returned the remaining profits to the investors.
After this, which was previously called "LÈON", it will delete all traces of its activities from Twitter and Telegram.
According to the user “stealthbomber21 ″, the fraudster promised to share the proceeds that he would receive and distribute in“ New Year ”before scanning his presence from the internet.
A share snapshot of “stealthbomber” showed a supposedly “hitsXBT” wallet with more than 53 bitcoins worth more than $ 380,000 at the time the snapshot was shown.
This fraudulent user is no longer continuous in what he does as he changes his account in which he describes himself as a Bitcoin trader.
And change his account picture that appears below with the words "This is life, darling":
stealthbomber10
@ stealthbomber21
ATTENTION @ hitsXBT, formerly known as LÈON, has exit scammed his Bitmex $ BTC fund.
He had promised to send out his fund's "Xmas promo" profits by 15:30 UTC today.
No profits were sent. He has deleted all his TG secret chats and changed his account to this as a parting joke.
View the photo on Twitter
158
10:14 PM - December 22, 2019
Information and privacy of Twitter ads
118 people talk about it
Some victims of the alleged fraud have created a group on Telegram with 94 members who have been defrauded by this scam while tracking the Bitcoin wallet addresses associated with hitsXBT.
Given the unknown nature of the fraudster hiding behind himself, it appears that the first step for the victims is to try to discover the true hitsXBT identity.
Some of those interacting with those who responded to the fraudster commented that they too were guilty of their naivety, which made them candidates to be victims of such tricks.
However, others noted that well-known Twitter personalities have endorsed the "hitsXBT" investment program. At the moment there are still many similar fraud operations to hitXBT like Coinjer.
This year saw many frauds, notably the "PlusToken" scam, in which more than $ 3 billion in bitcoin was stolen....