Those years, the magical story of scammers getting 'cut'
Recently studying the gray and black industries in the cryptocurrency circle, I've found that this circle is truly full of 'talent', where scammers scam each other, and the black industry eats itself, more exciting than movies! Today, let's uncover a few real cases and see how these 'industry big shots' got tricked by their own kind.
1. Fake coin dealers 'phishing' scams, ended up becoming the 'fish'
In a C2C area of a certain exchange, a group of money-laundering coin dealers disguised themselves as legitimate merchants, specifically tricking newbies into selling USDT and then using dirty money to make payments, resulting in buyers' bank cards being frozen. As a result, a 'peer' pretended to be a buyer and placed an order, and after the coin dealer made the payment, they ran away, failing to launder the dirty money and instead getting 'freeloaded' on some USDT by the 'peer'.
'You think you are harvesting leeks? Actually, you are the leek!'
2. Hacker stole 610 million USD, instead got 'hunted' by the whole internet
Poly Network was hacked and lost 610 million USD, and the hacker arrogantly left a provocative message. Unexpectedly, major exchanges joined forces to block his address, and even USDT was frozen.
Magical ending:
Hacker: I just wanted to show off!
Exchange: No, you didn’t.
3. A shady exchange ran away, leading to internal 'disputes over spoils'
A certain shady exchange (Mxecoin) absconded with funds, users failed to withdraw, and customer service blamed it on 'hacker attacks'. As a result, the internal team had internal strife due to unequal distribution of spoils, and some reported it to the police, ultimately everyone was arrested and all funds were frozen.
Black eating black is fine, but don't do it too ugly!
4. 'Card sellers' sold bank cards, but ended up getting scammed by the 'car team'
Some 'card sellers' thought they could make quick money by following a 'car team' (money laundering gang), but the car team disappeared right after withdrawing the stolen funds using their cards. The card sellers not only didn’t get paid but were also arrested for being involved in the case.
Real-life 'Infernal Affairs':
You think you are the 'driver', but you are actually the 'cannon fodder'.
Summary: Survival rules in the cryptocurrency black market
1. Don't be too greedy: There is no 'integrity' in the black industry. Today you scam others, tomorrow you'll be scammed by someone even worse.
2. Don't touch dirty money: Frozen cards, prison time, getting scammed by peers, the risks far outweigh the rewards.
3. Stay away from shady platforms: 99% of 'high returns' are traps, the one who ends up running away will definitely be you.