German man loses €100K after being told he owns 25 BTC that never existed
- —Scammers told the victim he held 25 BTC worth about $2 million
- —He was asked to pay a deposit of over €100,000 to unlock the transfer
- —After the payment, all contacts with the "company" went silent and he filed a police complaint
- —Police stressed that a genuine crypto withdrawal never requires an upfront payment
Why it matters: The fake-withdrawal scam remains one of Europe's most lucrative crypto frauds; France's AMF added 26 addresses to its blacklist in Q3 alone.
Source: Journal du Coin