USDT face-to-face trading scam (1000 yuan oil card for USDT scam)

Nimble

How to ask for help in English regarding the scam of face-to-face trading of USDT for 1000 RMB oil card?

2023-05-28 20:45

Gaye

Release time 2023 05 28

Josephine

The "USDT Cash Transaction Scam" (also known as the "1,000 yuan fuel card exchange for USDT scam") is a fraudulent scheme in which victims are promised the exchange of a 1,000 yuan fuel card for USDT (a stablecoin cryptocurrency pegged to the US dollar). The scam typically takes place through face-to-face transactions or social media platforms. However, the scammers will either give the victim fake USDT or never deliver any USDT at all, causing the victim to lose their money. This scam exploits the lack of regulation and oversight in the cryptocurrency market, and it's important for individuals to exercise caution and due diligence in any financial transactions they engage in, especially when dealing with unknown or unverified entities.

Release time 2023 05 28

Richard

Release time 2023 05 28

Leigh

The USDT face-to-face transaction scam, also known as the 1000 yuan fuel card for USDT scam, involves con artists luring victims into exchanging their fuel card for USDT in person. The fraudsters promise to provide a favorable exchange rate and convince the victim to transfer the USDT first. However, after the victim transfers the USDT, the scammers disappear and do not provide the fuel card or the promised amount of USDT. This type of scam targets individuals who are inexperienced with trading cryptocurrencies and rely on the trustworthiness of their trading partner. It is essential to exercise caution and verify the credibility of any parties involved in a cryptocurrency exchange before conducting the transaction.

Release time 2023 05 28

Elga

The USDT face-to-face transaction scam, also known as the "1000 yuan gas card for USDT" scam, involves a fraudulent scheme in which scammers offer to exchange gas cards for USDT tokens in a face-to-face meeting. The scammers will typically ask their victims to send funds first, promising to send the USDT tokens in exchange. However, once the funds have been transferred, the scammers disappear without delivering any tokens, leaving victims with no way to recover their funds. This type of scam preys upon the trust and naivety of victims, who may not be aware of the risks associated with face-to-face cryptocurrency transactions. As such, it is important to be vigilant and cautious when engaging in any kind of cryptocurrency transaction, and to only deal with reputable and trustworthy parties.

Release time 2023 05 28

Mabel

USDT in-person trading scam (1000 RMB gasoline card for USDT scam) refers to a fraudulent scheme where scammers approach victims offering to purchase their gasoline cards for a high amount of USDT (a cryptocurrency pegged to the U.S. dollar), usually at a rate much higher than the market price. The victim is persuaded to transfer the USDT to the scammer's digital wallet before handing over the gasoline card. However, once the USDT is transferred, the scammer disappears without providing the promised payment, leaving the victim with significant losses. This is a common scam tactic that preys on victims' desire to make quick profits and lack of knowledge about the cryptocurrency market.

Release time 2023 05 28