Law enforcement just busted what they called a "warehouse operation" in Bangkok. Inside? Fifteen individuals from Azerbaijan, Georgia, and Ukraine allegedly orchestrating a bogus crypto trading platform.
The setup looked legit from the outside, but turned out to be a full-blown scam targeting unsuspecting traders. Classic reminder that not every slick-looking exchange is what it claims to be.
Do your homework before depositing funds anywhere. Verify licenses, check reviews, test small withdrawals first. The crypto space moves fast, but scammers move faster when you're not paying attention.
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HashRateHustler
· 17h ago
Another shell exchange, and this time they've even put together an international team.
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JustHodlIt
· 17h ago
Another fake exchange... and this time it's even international.
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ContractCollector
· 17h ago
Another rebranded scam has been busted, this time in Bangkok. Same old tricks—the carefully packaged exchange is actually just a money-sucking machine.
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GasFeeCrying
· 17h ago
It's this kind of scam again, really speechless.
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ReverseFOMOguy
· 18h ago
Here we go again—nine out of ten so-called professional platforms seem to have problems.
Law enforcement just busted what they called a "warehouse operation" in Bangkok. Inside? Fifteen individuals from Azerbaijan, Georgia, and Ukraine allegedly orchestrating a bogus crypto trading platform.
The setup looked legit from the outside, but turned out to be a full-blown scam targeting unsuspecting traders. Classic reminder that not every slick-looking exchange is what it claims to be.
Do your homework before depositing funds anywhere. Verify licenses, check reviews, test small withdrawals first. The crypto space moves fast, but scammers move faster when you're not paying attention.