ScamAlert

$PEPE Steps to Prevent Fraud Buying and selling cryptocurrency directly with other users is made flexible by Binance's peer-to-peer (P2P) trading system. However, freedom also comes with responsibility; scammers and fake users frequently attempt to exploit inexperienced or irresponsible traders. The following are essential safety measures that all traders should adhere to:
1. Trade exclusively in Binance Chat Never switch to Telegram, WhatsApp, or any other external app during a conversation. Once you're off-platform, scammers frequently attempt to deceive or manipulate you.
2. Confirm Payment Prior to Crypto Release Never rely on screenshots or messages that say "sent"; instead, always verify the actual payment using your bank account or the UPI app.
3. Only Make Use of Verified Advertisers Choose to trade with users who have received positive reviews, are marked as "verified," and have high completion rates.
4. Steer clear of fake UTRs and partial payments. Scammers might send fictitious transaction IDs or small amounts. Verify full payment at all times.
5. After payment has been received, do not cancel. You risk losing both your cryptocurrency and money if you receive money and decide to cancel the trade. If something doesn't seem right, always follow Binance's dispute guidelines.
6. Never divulge wallet keys or OTPs. Private keys, passwords, or OTPs will never be requested by Binance employees. It's a scam if someone does.
📢 Remain vigilant. Keep yourself safe. In the Binance P2P Help Center, report suspicious activity right away. You are responsible for your own safety. Trade wisely!
#CryptoSafety #ScamAlert #P2PPrecautions #BinanceP2P $BTC
$BNB

A scandal has erupted in South Korea after a former North Korean soldier, now living in the country, allegedly defrauded 21 investors—mainly fellow defectors and South Korean citizens—by convincing them to invest in a fake cryptocurrency platform. The total amount stolen: 728,013 USD.

Fake App Used in Investment Scheme
Police in Siheung launched an investigation after receiving 21 complaints in just four days. The suspect, a woman who once served in the North Korean military, exploited her status within the defector community to gain trust and solicit investments.
The scheme began when she was contacted by a Chinese national who encouraged her to bring others into the fraudulent project. She recruited two other defectors before expanding her operation to target South Korean citizens. Victims wired funds to her account, which she claimed to convert into crypto and invest via a fake mobile app.

1 Billion Won Disappears as App Shuts Down
Things collapsed in early July when the fake app suddenly stopped working, leaving victims without access to their funds. While two early participants were able to withdraw their initial investments, the rest suffered total losses when the app froze.
The woman behind the scheme, who had lived in South Korea for over a decade, now faces investigation. Although she claims to have lost money herself, authorities say she actively recruited others and profited from the scam. She is expected to appear in court both as a witness and a possible accomplice.

Crypto Fraud Cases Rising in South Korea
This is just the latest in a growing trend. A few months ago, police arrested 25 individuals involved in four fake crypto investment groups on Jeju Island. These groups ran call centers and fake exchanges, stealing over $540,000. Authorities believe more victims remain unidentified.
South Korea has been cracking down on crypto fraud, especially targeting scammers posing as "crypto advisors" preying on small investors. Police continue to urge caution, warning against guaranteed profits and urging people to verify all platforms before investing.

#Cryptoscam , #northkorea , #CryptoFraud , #ScamAlert , #CryptoNews

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Tasmania is facing a serious warning about the growing wave of scams linked to cryptocurrency ATMs. Police have found that all 15 of the most frequent users of these machines have fallen victim to fraud — without a single exception.

💸 Losses Exceed $2.5 Million
Investigators revealed that these 15 individuals lost more than AUD 2.5 million in total, with around AUD 900,000 deposited directly through crypto ATMs. Police identified no legitimate use of these machines among the state’s biggest users.
Since 2021, the number of crypto ATMs in Tasmania has surged from one to twenty. This rapid expansion brought not only convenience but also opened the door to criminal abuse, with international scam networks now actively manipulating and intimidating their victims.

🎯 Scammer Tactics: From Romance to Fake Government Warnings
Scammers use a variety of schemes — romantic scams, fake investments, impersonations of government officials, and tech support scams. In some cases, victims were forced to deposit cash into crypto ATMs after banks blocked suspicious transfers.
“People are losing their savings, selling off assets, postponing retirement. These are tragic stories that have long-term effects on families and the broader Tasmanian economy,” warned Detective Sergeant Paul Turner.

🌏 Global Expansion Continues Despite Rising Risks
Globally, the number of crypto ATMs continues to grow — more than 1,000 new machines were installed in the first half of this year. The highest concentration is in the U.S., Australia, and Canada, where rapid growth is accompanied by tighter regulations.
Australia has recently introduced a $5,000 transaction limit for ATM deposits and withdrawals, stricter customer checks, and mandatory fraud warnings. Still, Australians have lost over $3 million to crypto ATM scams in 2025 alone — with nearly half of the victims aged over 51.

🚨 Warning Signs You Shouldn't Ignore
Police emphasize that anyone asked by a stranger to deposit cash should be extremely cautious. Promises of guaranteed returns, urgency, and pressure are all red flags. Seniors living alone are especially vulnerable — some romantic scams have led to losses exceeding $400,000.

#Cryptoscam , #CryptoFraud , #CyberSecurity , #ScamAlert , #CryptoNews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“