Anti-Fraud Edition! To all the newcomers and veterans! I was scammed by someone who messaged me on the plane for over 1000 USDT, worth over 7800 RMB. Let me detail how the scam worked. First, they add you as a friend and then teach you how to use a wallet to trade cryptocurrencies. The setup begins with half a month of chatting to build trust. These scammers are usually online at night, and they will answer any questions you have. Then, they will guide you to buy some coins on an exchange to make a small profit, which builds your trust in them. The next day, they will tell you to exchange more USDT and lead you to invest more. They provide you with a contract address and the official website of the coin, which is called Poseidon AI, and it is also available on Twitter. The official website has the release date of the coin, making it seem genuine. I was instructed to use the TP wallet to buy through the ARB chain! At this time, the coin was released. I initially invested 100 USDT, thinking it was going up, and without thinking much, I impulsively invested another 800+ USDT in the middle of the night. At this point, the scammer said there were coins that hadn't been listed on exchanges, urging me to buy more, claiming that institutional investors would drive the price up 📈. To my surprise, after transferring my money, I couldn't withdraw it. I later found out that this coin is called Pi Xiu Coin, also known as a scam coin. Realizing I had been scammed, I asked the scammer how long it would take to withdraw, and they said 3-4 days. In reality, within those days, they just closed shop. In that wallet, you can see only their insiders can transfer out large amounts, while we can't withdraw a single cent! This is a rough experience, and I hope it can help prevent more newcomers from being scammed! Here, I want to give a shout-out to Binance. I was actually thinking of investing more, but Binance froze my account to prevent me from losing more money! I really appreciate Binance for this operation! I advise newcomers not to buy any coins that are not listed on exchanges! #eth
Everyone please pay attention, never trade any coins on unregulated exchanges. I just got scammed buying arb's Pi Xiu coin, and I also feel Binance has frozen my remaining USDT!