đ¨ FBI Busts Nigerian Scammer Posing as Trump-Vance Official in $250K Crypto Fraud
The U.S. Department of Justice (DOJ) has uncovered a sophisticated crypto scam where a Nigerian national impersonated a Trump-Vance Inaugural Committee member to steal $250,000 in USDT.ETH. Hereâs the full breakdown:
đ How the Scam Worked
1ď¸âŁÂ Fake Email Trickery
Scammer posed as Steve Witkoff (real co-chair of Trump-Vance committee).
Used a lookalike domain: @t47Inaugural.com (vs. real @t47inaugural.com).
Victim fell for the scam and sent 250,300 USDT.ETH to a wallet ending in 58c52.
2ď¸âŁÂ Money Laundering Moves
Funds were quickly moved to other wallets within 2 hours.
FBI traced transactions via blockchain analysis.
$40,300 USDT recovered (remaining funds still missing).
âď¸ DOJâs Crackdown on Crypto Scams
Warning Issued: Donors must double-check emails & wallet addresses.
Tether Assisted: Froze stolen USDT with help from stablecoin issuer Tether.
Bigger Trend:
AI & deepfake scams are rising.
Political impersonation frauds exploit election hype.
Pig-butchering scams (romance/investment traps) remain a major threat.
đĄ Key Takeaways for Crypto Users
â
 Always verify sender emails (check for typos, fake domains).
â
 Never send crypto to unverified addresses.
â
 Use whitelisted wallets for recurring transactions.
â
 Report scams to FBIâs Internet Crime Complaint Center (IC3).
đ Market & Regulatory Impact
Stablecoins Under Scrutiny: USDTâs role in fraud could lead to tighter regulations.
Law Enforcement Getting Smarter: FBIâs recovery shows blockchain forensics are improving.
Scams Could Deter New Investors â Bad actors harm cryptoâs reputation.
đ Whatâs Next?
DOJ may seize more funds tied to this scam.
Tether & exchanges like OKX will face pressure to freeze illicit transactions faster.
AI-powered scams expected to rise â Stay vigilant!
#CryptoScam #USDT #DOJ #FBI #Trump
(Always DYOR before sending crypto!)Â đ