Washington state regulators are investigating Ethfinance, a crypto trading platform, after a local investor reported losing a staggering $310,000. The case raises red flags about potential crypto scams preying on unsuspecting victims through social media.
Ethfinance: Friend Request Gone Wrong
The unnamed investor, according to the Washington State Department of Financial Institutions (DFI), was introduced to Ethfinance through a “random friend request on LinkedIn.” This seemingly innocuous online interaction turned into a financial nightmare. Lured by the promise of high returns on cryptocurrency trading, the investor transferred a total of $310,000 from their DeFi wallet to Ethfinance.
However, when the investor attempted to withdraw some of their initial investment and supposed profits, things took a suspicious turn. Ethfinance’s customer service, communicating solely through Telegram messenger, demanded the investor send additional funds to complete a “smart con
We współpracy z: https://bitcoinist.com/ethfinance-washington-watchdog-issues-fraud-alert/
