Looks like it's the trending trick right now. It's related to the scam technique talked about last week :
New scam technique on Telegram.People who fall for this kind of scam are usually less informed, less alert and at times very desperate to get their accounts issues solved as soon as possible
You're right and this is why this thread was created on the beginners section cause the newbie need to be inform. As you can see the wallet is receiving simultaneously transactions.
Seriously, who is falling for scams like this?
Newbie and impatience/desperate exchange user.
This ETH address 0xC88F7666330b4b511358b7742dC2a3234710e7B1 have 850ETH and he is holding PAXOS standard with the amount of 31,341.512 PAX which is worth of 31328.88 USD
How this scammer has this big amount of token? it seems all sources are from scamming.
The ETH address is actively receiving and sending a few amounts of token and ETH daily.
I think it's an exchange wallet address. Look at the activity of the transactions in the address. No way those low life scammers can get such amounts.
It definitely not an exchange wallet. If you have the time check the received and sent transaction done by the ETH add sent to me by the scammer, you'll that they are actually belong to the same person and he used the 0xC88F7666330b4b511358b7742dC2a3234710e7B1 as him main storage.
I think it's an exchange wallet address. Look at the activity of the transactions in the address. No way those low life scammers can get such amounts.
I don't know if it's actually an exchange wallet address but I tried to search about this address here on the forum and this is what I found.
Check this post:
https://bitcointalk.org/index.php?topic=5188339.msg52583302#msg52583302It seems a gambling site which is known as BetHash who uses this address and read the whole thread as you can see Boris007 scammed by BetHash he didn't receive the BTC as Bethash promise.
The transaction activity might be from his own gambling site. So the scammer owns a gambling site that is holding a large amount of ETH and Big amount of token.
I think it's better to report this on DT members to investigate or to tag him early before someone becomes a victim again.
You're right with what you said since he scammed Boris007 there's possible chance that he might behind the scam issue posted but I'll still examine the wallet later when I have free time.