THE STORY OF THE SCAMMER BEN.ETH🚨
Ben.Eth's scam began when he launched his first memecoin to attract investors, using this base to start his scamming business in the world of cryptocurrencies. Ben.Eth's main techniques were typical of crypto scams, based on token manipulation and false promises of profits. In particular, he exploited the creation of misleading tokens or memecoins, often accompanied by unrealistic features or promises of returns, to convince users to invest or send funds.
Ben.Eth also used social engineering and phishing mechanisms to induce victims to send cryptocurrencies to wallets controlled by him and his group, which led to the irreversible loss of funds due to the immutable nature of transactions on the blockchain.
Often, scammers like Ben.Eth make the platform credible at first, even paying initial profits or simulating them, to gain the trust of the community before disappearing or blocking users' funds. Ponzi scheme or multi-level dynamics are also exploited to attract new investors.
The scam started from a misleading memecoin and exploited phishing techniques, social engineering, false promises of returns, and typical manipulations of crypto scams to steal funds from victims.
This dynamic is typical of scams of this type: the scam ends with losses for users and the blocking of the scammers' public channels, which often restart activities under new identities or projects
