Trust Trap:
Establish deep social relationships through crypto community (meet offline + profit screenshots to entice)
Small amounts for trust-building through rebates, gradually inducing large transfers
2️⃣ Fatal Operations:
Request to transfer USDT to a personal wallet instead of a smart contract address
Forge a quantitative trading background, using "guaranteed arbitrage" rhetoric to stimulate greed
3️⃣ Fund Flow:
After successfully scamming, immediately block and go offline, empty the wallet to create tracking obstacles
High probability of involving money laundering chains, leading to associated card freezing risks
⚡️ Emergency Response Plan
1️⃣ On-chain Evidence:
✅ Immediately export transfer hash value (TxID) and wallet address interaction records🔗
✅ Save complete chat records (including profit commitments, transfer instructions, etc.)📱
2️⃣ Judicial Path:
🚔 Report to the cyber police with evidence chain, emphasizing the need to file a case based on virtual asset attributes
⚖️ Apply for property preservation through a lawyer, freezing the suspect's associated accounts💼
3️⃣ Risk Isolation:
⚠️ Self-check if DApp contract permissions have been authorized (if so, revoke immediately)🛑
⚠️ Temporarily suspend non-counter transactions on associated bank cards to avoid fund backflow triggering freezing❄️
💣 Four Core Lessons
1️⃣ Lack of Contract Spirit:
❌ Did not sign an electronic agreement to clarify investment terms (profit distribution/stop-loss mechanism)📝
2️⃣ Blind Spots in On-chain Tracking:
🔍 Did not verify the other party's wallet transaction history (frequent address changes are a warning sign)🚩
3️⃣ Exploitation of Human Weaknesses:
🎭 "Familiar endorsement + sharing stimulation" combo breaks psychological defenses😱
4️⃣ Emergency Mechanism Gap:
⏱️ Did not continuously monitor fund flows after the transfer (missed the 48-hour golden freezing period)⌛
🛡️ Fraud Survival Guide
1️⃣ Wallet Management Iron Rule:
Store large amounts of USDT only in hardware wallets, keep transaction addresses separate from storage addresses🔐
Scan address risks with on-chain tools (e.g., TokenView) before each transfer🕵️♂️
2️⃣ Investment Risk Control Red Line:
For amounts over 5000 USDT, a smart contract must be signed (audited by Code4rena)⚡
Projects with profits exceeding 20% require a third-party due diligence report📊
3️⃣ Social Defense System:
Verify identity in person (request video verification of work ID/company registration information)📸
Regularly clean up contacts categorized as "enthusiastic mentors" (true experts never take the initiative to lead trades)🚫
💡 According to data from the judgment document website: In 2024, the loss recovery rate for virtual currency fraud cases is less than 7%. When making friends in the crypto circle, please recite three times - there are no brothers on-chain, the contract is the Bible!