Bitcoin Forum

There's a new scam email been sent by scammers and if you don't do your research you'll think it's the real deal. The email sender is impersonating Binance and he/she is damn good. He's Announcing the Formation of a $1 Billion Blockchain Investment Fund." Which from the email is to start today 21/12/2018 the bitcoin address embedded in the email is 1DD1Vryc1LKP6hC8Wfavd5HYZpKemZeAmG (no fund received as of posting).

CEO of Binance exchange just created awareness of this scam email on twitter hopping no ones falls a victim.

           https://i.imgur.com/UHfQ3hp.jpg

same email i got this in morning....investors don't trap like this scam

If you got email on behalf some big company and offer you to invest while you aware that you hadn't did anything noticeable or even did something to the company? I dare to say the email definitely SCAM!!

But if you really did something that attract the company attention? Well, you can ask around to make sure it's not a scam

Its actually a blatant scam to me. Everything just stinks and doesn't make sense.

Anyway, Exchanges or any services has more than one news channel e.g. their blog, twitter, facebook etc.. so if you make checking other sources a habit, you can avoid this type of scams.

Well this one seems rather fresh from the oven. I haven’t been able to see any information on it yet outside of this forum. Out of curiosity, is the BTC address the same as the one reported by @CryptopreneurBrainboss?

For what it’s worth, I’ve reported it here: https://www.bitcoinabuse.com/reports/1DD1Vryc1LKP6hC8Wfavd5HYZpKemZeAmG. I’ve found that site to often include BTC addresses involved in scam attempts reported on this forum and around.

We can't stop greedy bitcoin enthusiast to scam people in any way scammers can think of just to get easy BTC without doing much work.

It's good to report btc addresses that are involved in scam to let people know that it's used just to scam people but scammers can create another btc address to scam again until someone fell to their scheme.

Sure they can, but scammers abilities vary from one to another: some are rather basic, and will use the same email content and BTC address in all their attempts per round of the same email layout, while others may actually use a different BTC address for each email or per set of 1k sent emails for example.

That is a bit why I was wondering if @oh brame received the same BTC address on his email as @CryptopreneurBrainboss. If both emails referenced the same BTC address, then likely all the emails in this campaign do, and thus a report on the address on sites such as the one I used could have some results (the site does have 6,237 reports in a month). Now if both BTC addresses are different, then perhaps the scammer managed to generate a different BTC address for each email he sent, and therefore the BCT reporting would be futile (unless he reuses them later on in other campaigns).

This scam attempt is actually written very well compared to the usual nonsense one might encounter. But the return guarantee of 150% after 5 days made me laugh  ::)
I guess some things never change!

So it is, wrote smart people. But it was and it will be

check the sender of the email, make sure it's from the email address listed on the official website
don't ever click/follow url links embedded in an email from an unknown source
always manually check thru the official website, facebook, or twitter to confirm the offer in the email
basic awareness would hinder you from falling into phishing/scam attempts ;)

For newbies reading this post it is an important indicator to know whether the email is a scam or not when the website itself is showing or not showing the announcement (investment opportunity) itself. An investment opportunity like this one won't be left unannounced by their main website itself or if they do have an official blog site they should at least announced it through there. Just remember that only scams and phishing sites would only approach you through email as their ability to scam you is only through a very convincing email.

I'm wondering how many people would actually send bitcoins to an account just based on an email without checking the real website first for details. Hopefully more awareness will prevent more victims from sending their coins over

Probably quite many people send money, otherwise such scam attempts wouldn't exist. Their target is less experienced people, who aren't educated or are just naive. And unfortunately all these warnings don't help to reduce number of victims, because many new people join crypto world each day and they aren't aware about such scam attempts.

Well one person fell for the trap late Friday night, transferring 0.00257259 BTC (equivalent to 10,26$) to the wallet address provided in the OP. Not much of a result so far, but there is at least one gullible person who has fallen for it. Hopefully, the OP may have stopped a few others from doing so.

Same here i got also that message but as usual i do not click any link that is given to me if i did not made it. Its one way to prevent my account getting hack.

Many people get into such a situation because of their stupidity, although I am a novice, I don’t go from the links by reference.

They are always using email to scam other people. I am glad I am not always fan of using gmail to pass on message because facebook is widely used for this to communicate others. Gmail now were only to provide a good service in providing a platform that you can do more text than using facebook account and send it to special someone.

How can one receive and email and go ahead to wire funds without proper research and scrutiny,such acts most times is enough even to surprise the devil.
How gullible can one really get in this network,but thankfully such scams hardly get enough victims,just very few Individuals who would not take out time to do some research  

Thanks to OP some more of'em would be saved from this

People can be greedy or unnecessarily curious about this they see especially when it's a well arranged mail from a big exchange the know there by they can be leaving themselves very exposed to falling victim of fraud that that mimic a legit institution, individual or organization.

Well binance has play there role in creating awareness and the OP has also contributed so it's best we also do so and inform as many we can..  Let's this not be a bad Christmas for someone

I'm glad the awareness created had worked. The bitcoin address associated with the scam had just received only one transaction which is believe to be a false transaction to mislead others because the sent bitcoin is too small for an investment that means they failed

 
This address "18WZffr72XziiQ4faBraYL7X1gML8XNeBu" could be associate with the scam it just sent some btc to the address and the amount sent is too small for an investment that means the transaction isn't coming from a victim but an attempt to deceive their prey also other addresses associate with the above address has just two transactions (received and sent transaction)

.

This trend is fast becoming rampant and I really would say anyone who falls for this scheme is quite unreasonable well am glad the format has been detected