The post How to Avoid USDT Scams on WhatsApp: A Case Study & Recovery Guide appeared on BitcoinEthereumNews.com.

As Bitcoin and other digital assets gain popularity among investors, governments, and institutions as potential reserves, the crypto space continues to grow. Unfortunately, so do scams. One common type of fraud involves unsuspecting investors being added to WhatsApp or Telegram groups. These groups are run by people pretending to be experts, using titles such as professor, advisor, or assistant. If you’ve been scammed on WhatsApp involving USDT or Bitcoin, you’re not alone. Here’s an example of how these scams work and what steps you can take to recover your funds. The Real Case: A Fake Job Offer A company referred to here as Company A, approached an individual through WhatsApp with a job offer. The role involved “reviewing products” and earning commissions based on sales. Initially, the job appeared legitimate, with daily funding of $50–$100 and commissions sent in cryptocurrency.  The Scam Unfolds Increased Requirements: After about two weeks, the company claimed the victim’s sales were increasing and asked for payments for extra product purchases. They promised reimbursement and additional commissions. Fake Bonus: The victim was informed they had earned a “lucky bonus” of $250,000. However, to claim it, they had to pay: $30,000 as an invoice. $10,000 in late fees. Total: $40,000 New Demands: When trying to withdraw the $250,000, the scammers claimed there was an error and demanded a “repair fee” of $80,000, later reduced to $25,000. The victim refused to pay further. Warning Signs Fake Identities: All individuals involved had fabricated names and non-verifiable histories. Forged Documents: They sent a fake document with the “CEO’s” forged signature, which was later verified as fraudulent. Untraceable Communication: The WhatsApp numbers used by the scammers could not accept calls. The victim was eventually removed from the WhatsApp group of about 50 members, who also claimed to be “sellers.” Later, another…

---

Filed under: News - @ March 10, 2025 6:28 am