Security· ★★· bearish·

Indian trader loses Rs 90 lakh in Facebook crypto scam

  • —Victim transferred Rs 70.6 lakh, then another Rs 19.7 lakh for 'wallet recovery'
  • —Scammers demanded Rs 21 lakh, Rs 28 lakh and later 35,000 USDT
  • —The platform displayed nearly Rs 1 crore in profits but blocked withdrawals
  • —Police registered a complaint; no arrests reported over Trust Coin
Why it matters: The case mirrors a common fake-platform scam pattern that regulators in India and Australia say is spreading through social media.
#USDT
Source: The Crypto Times
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