Bitcoin Forum

Well that, yesterday they scammed me 0.20 btc in binance

A guy by telegram gave me proof hours before the coin that was going to be pumped, which was VIB, which was the admin of BIG PUMP SIGNAL, and I paid him 0.20 btc for the information, and today he has blocked me.


I only have his Btc wallet number and his telegram nothing else.

can I do something reporting it to the police?

Will binance help me identify that person after I have sent the money?

thanks

I guess you could contact Binance Support (https://www.binance.com/en/support) and give them his information and details about the scam that he's running, but Binance still won't be able to recover your funds.

You can also report the group (https://fgmember.com/telegram-channel-reports/) on Telegram to try to shut it down before it scams more people. The main problem with this approach is that the owner can simply create another group and continue with this scam.

Never, ever believe in easy money. There's only one part of the deal that ends up gaining money and for sure it isn't the part that is accepting the deal. I'm sorry for your loss OP.

but do you think the police would help me?

I only have the conversation in telegram and the test payment order

I don't believe so mate. Like you we get reports of another batch of people that are new into the crypto market, or just want to make a quick buck by cheating the system and they all end up following people that offer them exactly what they want to hear. The result? The easy road leads you to a path that takes away your Crypto and just leaves you with empty pockets.

I've never heard about Police pursuing individual cases of this kind of victims and actually recover the funds back to the user (especially considering the nature of BTC). In my country there's a saying that could be translated to : "You only fall once in scams. You fall twice only if you want". ("Shaky" translation but the meaning is there).

Chances are the scammer is from some other country, and no one will launch a world-wide investigation over stolen $9,000.

You should have done more research, pump and dump groups are a known scam, even without buying signals you would have been scammed, because these groups are just dumping obscure altcoins to naive traders who think that a pump is coming.

There's no easy money in crypto.

Most probably not, unless you will report everything to the police, hire a lawyer well-versed in cryptocurrency, file a case in court, and so on and so forth. After all, it is not Binance's fault that you lose your funds. Binance would probably act only in this case if there is a certain court order. But all this entails much money, time, effort, and so on. In other words, this means you will probably have to spend much more than 0.20BTC for your case to prosper.

And how sure are you that the scammer's wallet is from Binance?

Never trust anyone who tells you some stock or currency is going to jump in value to buy in. Never ever believe them. Only invest what you are willing to lose, and don't give anything to someone on the internet unless you're willing to take the risk that they'll run and leave you dry. And only trust people online who have a serious reputation.

You paid $8000 for that information? Consider yourself lucky that the person wasn't actually running a pump-and-dump scheme. You would have lost a lot more than that.

As for getting the money back or getting law enforcement involved, I don't think it will be feasible considering how little information you have. Sorry.


In the U.S., a similar quote is "Fool me once -- shame on you. Fool me twice -- shame on me."

Can't track a wallet to see what name it is?

Can't track a wallet to see what name it is?

No.

Consider this a cheap education about sending money to unknown individuals for empty promises. Perhaps you'll be more careful in the future.

I've been here in this same telegram group as yours. I didn't know that the group isn't a legit one. Or you've been chatted by a random person? Because I think that group was created a long time ago right? Anyways. In that situation I think you must report it to the Binance and I think report also the group in order for you to help others to avoid being scammed. We all know that this kind of action isn't a good one and a bad behaviour. Just because of the BTC value many people are becoming greedy and I think that isn't gonna help them as well as people around them to earn positively. That ain't good and karma will be back at them. Sorry for your loss but be careful next time. I will also leave to that group. Thank you for the warning.

.2 bitcoin if you were to put it in my country's currency is an expensive lesson. I don't get that a lot of people are being lured to this kind of scheme, pretty obvious that they are going to scam you, there is no such thing as signal, they wouldn't share it when they are not going to profit from it. Hopefully, this will be the last time that OP is going to get scammed by someone that provides "signal".

You must have a ton load of BTC to be able send that much for some dream lesson....
I sympathize with you nonetheless, getting scammed is no sweet experience....
you should be more careful dealing with people online..... sorry

The only thing you can do right now reports them to Binance and post here what they say about your problem because if you guys negotiate in Telegram, I doubt that Binance will take charge of your problem because there's always a warning that you need to be vigilant every time you made some transactions with the other people on the internet because most of them are just crooks and you've just fallen to his trap. Do the necessary action that kind of BTC is hard to earn nowadays.

They prey on greed and desperation.

People who are greedy or desperate will take risks with scammers, knowing it's probably a scam but hoping it's not.

This guy paid the then-equivalent of $8,000 for insider trading knowledge. Not only is this potentially a serious crime which carries jailtime (so you should NOT report to police! This could be considered insider trading), but it's foolish to pay so much for knowledge.

Remember, if it sounds too good to be true, it is.

This kind of scheme has been around for quite a long time now. Don't get easily manipulated by this again. Do your research, and don't act quickly. If their offer is too good to be true, it's just a scam. Don't get swayed on easy money investing. If they tell you there's no risk, do not invest. Try contacting Binance. Probably they can help you track these scammers. Stay alert and always trust your instincts.

Unfortunately, not, at least from your end. Unless perhaps if you are one sophisticated cyber intelligence operative yourself from the CIA or something who could attempt to link that address to its owner's identity.

Other than that, if that wallet is indeed from Binance and the owner has undergone KYC, then Binance could do it. But, again, I've said my piece regarding sourcing personal information from them.

I'm honestly sorry that you ended up a victim of this crystal clear scam. I'm afraid that at this point it will be very hard to recover what was robbed from you.

well since wall street bets and bitcopin pump recently there is so much people also DM me and so much signal grup pop up i they will say "HI" at first and then some investment company or signal for fee
to all you guys beware there is no instant profit i guess

Well, I know that they are greedy and desperate. And you also have to mention that they are dumb because if they are hoping that it is not a scam is an indicator that you are ignorant of the situation and that is not taking risk, it is more of dumbass move. Why wouldn't you report it to the authorities, even if you feel wrong, that shouldn't be the case because you lost money on it. Apparently people doesn't know when a thing is too good to be true when it is right in front of their eyes.

nothing that can be done

lessons to learn:
if you meet someone but dont know their real name, dont hand them cash with just a handshake promise
if you contact someone but dont know name, face,location and cant even shake hand or slap face, dont hand them money
..
if you dont know enough about them to slap them with a wet fish(metaphor: file lawsuit) if the harm you. dont deal with them.

would you hand a stranger on the street a briefcase of cash? no. then dont do the same online.

You can take several steps but none if these steps will help you to recover your funds! Binance can't do anything! Telegram can ban the person and then the person can come back using a different name and create a different group. You can report to police but if that person belongs to your local area, police can't do anything either!

So, that's one of the disadvantages of trustless currency systems! Forget about it and make sure you don't pay money for such unverified information going forward!

It is just a waste of time if he will spend so much effort in locating his scammer around the world.

Being knowledgeable and aware about the scams will help you and you should prioritize that in an investment. Don't always look for an easy money, there's no such thing like that, especially in an investment. You really need to work hard and be wise in crypto investment so that you can make it profitable for yourself.

I hope he learned something from his mistake, don't settle on a free money.

I think the only situation that will permit's you to involves security personnel's is when you know the person that scammed in person but a process whereby the person is unknown to you involving police is waste of time, so the issues of Binance, to be sincere since people has shouting of scamming I have not seem some people were scammed and the person retrieve the coins through Binance before, so the only remedy to not fall victim through scammers is to trade with coins instead of investing in numerous platform that does not have name.

From what I read,I come to the conclusion that you are NOT scammed by Binance.You are scammed by a random guy in a Telegram group.Binance has nothing to do with this scam.
Paying 0.2 BTC for information?I'm like WTF?!?Who the hell pays 0.2 BTC for some information,that can be false?
You can call the police if you want,but I really doubt that they can help you.
You could post the scammers BTC address here,so we can put in a blacklist,that contains all BTC wallet addresses used by scammers.

0.2 btc now worth to $8,000-$9,000. That is a lot of money, and I think you can not get it back. Even if you report that to the police, they will find it hard to identify the thief or the scammer because the details will only be seen as a wallet address without knowing who they are. You can watch the money moved to the other wallet, but you will not know who they are. It is a lesson for you that you should stay away to use the paid telegram signal next time because you already get a bad experience. You should learn trading by yourself to improve your trading skills, so you do not have to rely on other people to trade.

No chance to get back the money and yes, waste of time to report to the police because a lot of missing vital details here. No one can track down that person. His telegram account - he can delete it anytime. And about his btc wallet address, he can only follow the movement and that's about it. Why people keep on falling from this scam tactic? It is because people are hoping to get high returns but it is the other way around. Don't trust strangers when it comes to crypto dealings. You can't run after them when anything goes wrong. A very expensive lesson to learn here.

Its a pity that you fell into trap set by the scammer, It could have been safe if you had an account with binance exchange and trade VIB directly rather than relying on a faceless scammer, we are in bullish season now a lot of scammers will be on the prowl looking for who to scam, I doubt if you will able to retrieve your BTC with those information at your disposal however you can contact binance for help provided that they can be of help or try and check the phone number of the scammer on telegram probably you can track it, if its not fake.

I hope you learned your lesson with buying signals like that and 0.2 BTC is damn expensive for a signal. 9,300 USD for just a signal? If you can afford that then you probably have a lot more BTC lying around.

You could post your transaction ID here for further investigation but I doubt you can get it again.

There is a lot of confirmation before withdrawing in Binance so I doubt they would do anything about it. But there's nothing wrong with trying.

And do you mean that you withdraw your balance from Binance? Or got scammed with P2P or something?

0.20btc is quite an amount i must say. However, since the did has already been done, i believe that little or next to nothing can be done to get back the already lost btc. It is best you count your losses, learn your lessons and move on. Better days ahead, cheer up.

This is one of the warmings that has been churning out to Newbies by the veterans here, you could have possibly held your BTC and be selling gradually when you notice a simultaneous growth but you thought an immortal words could accurately triple gain you. This is sad though, the funds can't be refunded again next time please stay away from such things to avoid losing larger sums.

Nope they will not help you.
You don't even have a lead to start with. Your conversation isn't enough proof for the police to start investigating with. Telegram is swarmed by posers and scammers.

You're a newbie obviously and yet you invested 0.20 BTC and expecting that you will get profit that easily?? That will serve as your lesson and you know what you will do in the future :).
Learning really is expensive right??

You paid .20 Bitcoin just for the information its a huge amount if we calculate in dollars. You should know there are lots of scammers active in the telegram groups and you should be careful. Now you can raise a ticket in the support of Binance but chances are less you would get anything back.

You can definitely go to police but I don't think binance can help you in this matter. They could have helped you of your binance account was compromised or your funds were stolen.
Here you sent them out of your choice. Yes police can help you chances are that scammers arr from some other country so your local police can not grab him.