๐Ÿšจ ๐—ฆ๐—ฐ๐—ฎ๐—บ ๐—”๐—น๐—ฒ๐—ฟ๐˜ ๐—ถ๐—ป ๐—›๐˜†๐—ฑ๐—ฒ๐—ฟ๐—ฎ๐—ฏ๐—ฎ๐—ฑ, ๐—œ๐—ป๐—ฑ๐—ถ๐—ฎ! ๐Ÿšจ

A local businessman's crypto dreams turned into a nightmare when he lost a whopping 1.49 crore to a crypto fraud. Here's the detailed account:

๐Ÿ“† Timeline: Last week of October

๐Ÿ’ผ Investor: Hyderabad Businessman

๐Ÿ’ฐ Investment: 4.98 BTC worth 1.49 crore

๐Ÿค Seller: Dubai-based contact

The victim, lured by the promise of quick profits, made the purchase and even received confirmation. However, his joy was short-lived. Just an hour later, his blockchain wallet showed a balance of zero.

๐Ÿ“ง Shocking Revelation:

An email from blockchain.com revealed that his wallet was compromised! The hackers had gained access using the 12 secret code words, and the bitcoins were slyly transferred to another wallet.

๐ŸŒ International Twist:

The victim had arranged payment in UAE dirhams with the help of a friend in Dubai.

๐Ÿ” Investigation Details:

The complainant suspects that someone with knowledge of his transactions orchestrated this illegal transfer.

โš–๏ธ Legal Action:

The victim promptly reported the incident to Cyber Crime sleuths, leading to the registration of a criminal case under Sections 420 of the IPC and IT Act.

๐Ÿ”’ Lesson Learned:

This unfortunate incident serves as a stark reminder to stay vigilant in the crypto world. Security is paramount, and awareness can be your best defense.

Spread the word, and let's create a safer crypto community! ๐Ÿ’ช