Bitcoin Forum

I and my friend encountered this situation and I am sure many others would have too. Scammers contact the crypto users on telegram. They get your ID from crypto related telegram channels and then ask you for a help. The scammer tells you that he is not able to withdraw coins from an exchange and asks you help him by signing up on the exchange and withdrawing coins from there to the scammers address. In return they give you a few amount of bitcoins.
The scammers website asks you to deposit at least 0.01btc before you can withdraw any coins. People fall for this trap and hence get scammed.

Few of such sites built by the scammers: westcrypt.info  , monocrypt.info , cryptoelips.com , westerncrypt.com

Find the discussion from various other people here: https://forums.digitalpoint.com/threads/new-scam-site-danger.2842061/

Be aware guys. Do not fall for such traps.

Whatever you do,whenever you're asked to deposit to withdraw, or deposit to double, it definitely is an obvious scam..

From experience Initial deposits before you can get what is claimed to be yours,never always come out good....RUN

This is very common scam on internet, aside to this some people contact you directly and claim that they from some big exchange, that particular exchange is running an airdrop of giving first 100 people 5 times of 10 times ETH, means you deposit 1 ETH and they give you 5 ETH on the same address, people fall for it and lose their 1 ETH.
Other to this some scammers create a Telegram channel with some famous names like "Binance and Ethereum partnership" and give you some free airdrop, some people on such channels keep on writing that they received their reward, these all are scammers, pls be aware of them.

My cousin was all most a victim of this sort of scam but he was suspicious. The fellow added him up probably from a telegram group and sent him an exchange.   permit me to expose this exchange and Warn against it cryptoelips.com he Registered with a test bitcoin wallet that is empty so any time he wanted to withdraw or transfer it tried to rob him of 0.01btc.
Well my advice is this. In as much as curiosity is part of learning and life it best to always test run anything you not sure never give away any wallet that is important to you. It's possible to open a thousand wallet. So why not open a new one.  But best advice stay clear of greed nothing good comes easy

This trap often occurs in people who are in a hurry in thinking, scammers always use it in people who are easily get responses, this kind of fraud is actually easy to avoid because of unreasonable reasons for having to send 0.01btc is an oddity

Such a method is very common, if they want help by asking you to make a transaction then it is clearly a fraud. Not being able to make a withdrawal on the exchange is not your job, it's the job of the exchange support team. Suggest that they contact the exchange team unless you intend to make a donation.

It's quite simple. Just don't trust strangers on the internet. No one will give you money for nothing and those promising this kind of thing will take advantage from you somehow, it never finishes well. Also, always check the site you are going to use, especially exchanges. Look for reviews and opinions first.

Your message shocked me. I myself received a message via discord from someone who explained to me that he could not withdraw his cryptos on an exchange. He offered me if I helped him give me 0.1 BTC. I told him that he was ridiculous and instead of asking that he should open himself another account on this exchange (which I did not know) and that he had to send himself his own cryptos. I was very naive and explained to him that he could meet people who will not give him his money back.
I'm shocked, but I still did not understand how they wanted to steal me. I just had to open an account on a site and he would send me what I had to give him.

I have seen this outside of crypto with betting sites someone said they needed someone in another country to login and withdraw as they were unable to in their country.

Anytime anyone wants you do either deposit or if it sounds too good to be true then it usually is bad news.

Yes there are those who will fall easily for these types of scams in a rush to
make quick profit. Which we know is not all that easy.

Those are the ones who are willing to risk their coins and others who are not
thinking the proposition through.

Simple advice never trust anyone on the internet. Especially if you don't know the people. It's the first time I heard this kind of bounty task scam, thank you for sharing.

Better be vigilant next time.

It's Obvious that this kind of request was a scam. If a website is a requesting an amount of Bitcoin from you because you have to withdraw your earnings or whatever, it's totally a scam. don't fall for this. It's a good thing that this thread informs us about this new kind of scam.

Different scam but the same kind of victims. People who already know or at least learned their lessons from a scam won't fall for this kind of scam again. That is why the governments need to push on awareness on the growing threats on crypto related crimes particularly the scams, issuing up warnings as well as basic guides to their citizens on how not to fall in these kinds of traps is the only way to lessen their victims. The lesser the victims they have the more chances they will stop from doing the scams again.

I disagree, people cannot expect their governments to act as a vigilant father who constantly warns them about danger, people have to be able to protect themselves using their brains and common sense. There are some scams that are very elaborate, but this one is very simple and easily detectable.

Scammers are proliferant when it comes to Bitcoin, and this type of scam doesn't surprise me at all. People need to understand that they should NEVER give out money stupidly because there's no way to get it back.

Maybe we should try to get some announcements up on this forum? It seems as though cases like these keep coming up from time to time, be it on the digital goods section here or on other sites / through direct contact. It's probably worthwhile enough to add a warning or banner somewhere in plain sight on btctalk.

If there was no one to scam, there wouldn't me scammers around. If we educate as many people as possible, we could make a much safer community around BTC.

Don't trust any stranger that chat us, some of them only try to scam us and it is better to avoid them. Security from something about that is on ourself. Because no one can protect us when we got scammed or hacked.

Some people are lazy to work for bitcoin and the easy way to earn it is to scam people. I talk to people but if they ask about money, payment or need to deposit into account I will block them co'z I konw this is scam.

Legit exchanges and casino's do only ask for a very small amount of mininum withdrawal and this is just too high. Don't fall for this trap and don't be greedy with a very small amount that you'll get with them if ever they are asking you to deposit. You will get nothing from trusting those websites that ask you that amount without taking anything and besides in the first place, you only use legit websites. And why would you give your ID to someone inside a telegram group?

Thankyou for the information. Hopefully your friend would be the last victim. To be honest we must always be careful and not give our info immediately. We must know where we are going to put it and see if that was a legit or not because most of the time people was become greed because of the high value that offers to it.

Guys, if you dont want your investment to get stolen get the best coin in the market. That is AML BItCoin. AML BitCoin rests on a privately regulated public blockchain that facilitates AML-KYC compliance and identifies criminals associated with illicit transactions while maintaining and strengthening the privacy protections for legitimate users.

yes i get the message too, get the message from the random people in telegram with the name of the admin of a big group, we need to careful, some group said that admin never PM you first, you need to PM admin first and make sure that is the correct admin