Blockchain Token and Paying to turn it into a REFINED COIN??

[HowlettScraps1]

Hey all,

Got one for you, it's a long story of being scammed and said scammer wanting to redeem himself. Supposedly. For the record I am not buying what he's told me, but thought I would try to learn about tokens and the supposed GAS it takes to turn it into actual funds or a refined coin. Story is I was dumb and in a bad place mentally, and this person took advantage. Posing as a way for me to build my credit, this person would pay my credit card off, and in return I would max it out and buy BTC and send it to his wallet. Then he would pay if off and we'd do it again. This worked for a while and I thought great. But then all of the sudden, the money he transferred into my credit cards to pay them off were reversed. With all of the reversals he ended up putting me in the whole almost $100K!! I know shocker, I was a fool and I know it. Obviously I flew off the handle and asked what the hell was going on and he acted like he had no idea and blah blah blah. I go to the police and the banks and file a fraud report and all of that. Cops trace the wallet to another wallet to another wallet that is empty and the BTC is gone and unrecoverable. I am working with IC3.org to see what they can do now.

Month or so later, he reaches out and apologizes and admits he reversed the funds and wants to make it up to me. YEAH RIGHT!!! So he says he's going to transfer me the money he took in USDT to my Coinbase wallet via the ETH network, NOT TETHER. Which to my surprise he does. It's still there. However, the catch is I need to come up with $5K to "ACTIVATE" and supposedly validate this supposed $100k of USDT he sent me. For fun I tried to send $500 to another wallet of mine to convert to USDC so I could withdraw it and use it. Needless to say, it never made it to my other wallet. I had CB technical service track the transaction with the wallet address and transaction hash and they notified me that I had interacted with "inauthentic USDT contract address." KNEW IT!!!!

So I blow this guy up and tell him he's an asshole and wasting my time and just trying to scam me yet again and to fuck off leave me alone. Here's exactly what he said in response to me telling him the CB tech said he sent me was fake currency. I quote, "I made clear to you that the money was sent to you from blockchain technology is a token and you will need this fee ($5k) to activate it to enable you to get the full balance. The Coinbase support doesn't know about tokens because the only deal with refined coins. So for your tokens to turn into a refined coin you have to activate it with the 5000 I told you about."

I play along and go OK, what happens when I deposit the $5k into my wallet? He said it automatically will activate the token and I will be able to access the $100k and withdraw it as needed. I am guessing he now has some back door into my wallet and if I were to deposit that $5k, it would automatically be sent to his wallet. I am broke and don't have $5k anyway and I am not going to do it. I don't feel like losing more money since I have lost everything and now am filing for bankruptcy as the banks are holding me accountable for the reversed funds and there's no way I can pay it back.

What do I do? Is there any validity to the $5k to turn a $100k token into a refined coin? How do I find out if he has a backdoor into my wallet and in turn close it? IF YOU READ ALL OF THIS I DO APPRECIATE YOU AND ANY HELP/ADVICE YOU MAY BE ABLE TO PROVIDE.

Regards,
HowlettScraps1

[Porfirii]

I read your whole story and I'm really sorry for your loss. $100K is a little fortune for many people, no matter where you live. You mentioned credit card, are you from the USA? well, for privacy reasons, no need to answer, but that's a lot of money!

Unfortunately, I can't help you getting your money back because this is the first time I read about activating a refined coin. But, if he feels so guilty (really?) and wants to send your money back, I guess that there are better and easier ways to do so, which don't require investing $5K.

I guess that it is very late already to say it, but next time you make those kind of agreements with somebody, make sure that the counterpart has a very good public reputation and a long record of successful deals. In this forum you can find people who have been around for many years, have a reputation to maintain, and who don't need to scam anyone to be profitable and happy.

[Hatchy]

It's quite sad but you already know your self that you've been scammed and the scammer is wanting to reap even more from you. I wonder what they all benefit from toying with peoples life's and not even thinking that laws of karma exist.  But mate, you really had messed up from the very start when you began to believe an unknown entity with your funds. He literally gained a back way into you account from the start and was waiting for the value to be enough before he removes them all.

Though I haven't heard of such transactions before, and I would suggest your thread be moved to the Altcoins section of the forum so that people whom are used to such C tokens and coins would be able to give you their suggestions. Contract tokens are usually based on the ether network. But I'll advice you don't consider sending any money into your wallets as it's also another scam attempt. He only came back to finish what he started he isn't sorry. Just be careful next time you are dealing with someone you don't know. And when they promise to make you profits, it's probably a scam since they have no reputation like @Porfirii had said.

[HowlettScraps1]

How do I move this to another section? Or should I just do a new post in that section? I appreciate your input and yeah, I don't this guy for anything.

[Husires]

Since you have been able to locate him and you have already initiated legal action, why not tell the police where he is and have him arrested for fraud because he clearly thinks he can get an extra $5,000.
The trick he wants to use is to lock a token in an address and the value of that token may be millions of dollars, but since this token cannot be sold or there is no liquidity to sell it, its real value is zero and you will not be able to sell it.  if you send $5,000, you will lose it and he will scammed you of $105,000. Don’t do that.

[Amphenomenon]

I am guessing he now has some back door into my wallet and if I were to deposit that $5k, it would automatically be sent to his wallet. I am broke and don't have $5k anyway and I am not going to do it. I don't feel like losing more money since I have lost everything and now am filing for bankruptcy as the banks are holding me accountable for the reversed funds and there's no way I can pay it back. 

I don't think the scammers as a back door to your wallet rather just like Husires said earlier, he will definitely scammed you of the $5k through this since this type of scam is called honey pot scam. Here he has already lured you with the $100k in the wallets but if you try to transfer such coin the $5k or any other amount you use will go to him, which  automatically occur through a smart contract call when he created such coin

What do I do? Is there any validity to the $5k to turn a $100k token into a refined coin? How do I find out if he has a backdoor into my wallet and in turn close it? IF YOU READ ALL OF THIS I DO APPRECIATE YOU AND ANY HELP/ADVICE YOU MAY BE ABLE TO PROVIDE.

Don't even try sending it to him, I have never heard anything like refined coin but I guessed he only said that to you because he thinks he can still fool again you after the first scam.