Inside the Double Deposit Crypto Scam
A few days ago, during a fake MicroStrategy live stream, scammers stole over $300,000. More than 50 people fell victim to the scam, losing their hard-earned cryptocurrency.
This type of scam is known as the Double Deposit Crypto Scam, and it's important to understand how it works to protect yourself and your investments.
What Is the Double Deposit Crypto Scam?
The Double Deposit Crypto Scam is a fraudulent scheme where scammers trick individuals into depositing cryptocurrency . They promise to double the amount of cryptocurrency you send them
Recently, scammers hosted a fake live stream claiming to represent MicroStrategy, a well-known company in the cryptocurrency industry. During the live stream, they announced a special offer where viewers could earn free cryptocurrency by making an initial deposit. Over 50 people participated, sending their funds with the hope of receiving double their money. However, once the scammers received the deposit, they vanished, leaving the victims without their money.
