Florida Man Loses $317,000 in Suspected Bitcoin Crypto Scam by Fake Investor
The post Florida Man Loses $317,000 in Suspected Bitcoin Crypto Scam by Fake Investor appeared on BitcoinEthereumNews.com.
A Daytona Beach Shores man lost over $317,000 in a cryptocurrency investment scam orchestrated by a fake identity named Astrid Orlov, who lured him via text message and convinced him to invest in the fraudulent XM DeFi platform through promises of gold and digital asset trading profits. The scam began with a mistaken text about dog walking, evolving into investment discussions. Victim transferred initial $5,000 in Bitcoin after setting up a crypto account. Authorities report at least 16 victims nationwide, with total losses exceeding $4 million in similar schemes. Discover how a Florida man fell victim to a $317,000 cryptocurrency investment scam via deceptive online chats. Learn warning signs and protection tips to safeguard your crypto assets today. What is the cryptocurrency investment scam that cost a Florida man $317,000? Cryptocurrency investment scams involve fraudsters posing as trustworthy contacts to trick victims into sending funds to bogus platforms. In this case, a Daytona Beach Shores resident lost $317,000 after engaging with someone claiming to be Astrid Orlov, who guided him into investing in the fake XM DeFi trading site focused on gold and digital assets. Federal court records from the US District Court’s Middle District of Florida detail how the deception unfolded over months, starting from a casual text exchange. How did the scammer build trust with the victim in this Florida crypto case? The interaction began innocently when the victim received a text message intended for someone else, asking for help walking a dog while the sender was out of town. Identifying herself as Astrid Orlov from the Lake Nona area in Orlando, the scammer persisted despite the victim’s correction about the wrong number. Conversations quickly shifted from light chit-chat to frequent messaging on WhatsApp and attempted video calls, where she blamed poor internet connectivity for not showing her…
Filed under: News - @ November 29, 2025 9:21 am