Ahmed, 35-year-old Engineer.

Dubai

"I joined the VIP signal group of a well-known crypto influencer for $300 a month. During the first two months, the signals seemed to work and I made small profits. This gave me the confidence to invest more.

In March 2024, he recommended heavily investing in a new DeFi token, describing it as 'the opportunity of the decade.' I invested $50,000. A week later, the project was hacked and the token dropped to zero. Subsequent investigations revealed links between the influencer and the project's founders. It had all been a coordinated scheme."