A cryptocurrency game, which presented missions to gamers who downloaded the application, became a nightmare for anyone who believed in the promises of the plan’s leaders. Many even receive threats on social media not to report the scam.
According to information released by the Balanço Geral, the victims were convinced by advertisements on social networks.
The ads that go with it complete missions to earn money. Such missions were initially simple, such as following people on social networks and proving the completion of the activity. Basically, gamers earned BRL 2.00 for each tracked person and the amount was credited to the account the same day, up to a maximum of BRL 30.00 per day.
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However, everything changed when promises of profits began to appear.
New cryptocurrency game leaves victims in Brazil with profit promises
Developing missions for customers, the game application asks everyone to buy cryptocurrencies and deposit them in a wallet. The steps of buying digital currencies and depositing them in the company’s wallet are taught step by step.
This mission would have a potentially attractive reward as the cryptocurrency deposit would receive additional income. That is, after gaining the trust of gamers, the application asked for money to supposedly earn money with cryptocurrencies.
When victims tried to withdraw the values, a new mission emerged: deposit more funds to release the frozen balance.
One of the “gamers” even took out a loan to put money into the game and lost R$15,000. He kept hoping to get R$22,000 out of the game, but today he doesn’t know if he will be able to get the money back.
30 victims and damage of BRL 300 thousand
The name of the game was not revealed by Balanço Geral, who even went looking for the company that carried out the coup, but received no response.
Still, the report found that the scheme cost at least 30 victims more than R$300,000, leaving a dangerous trail to the fraud.
That’s because some people who threatened to file a complaint with the police received photos of their streets. That is, it is possible that the founder of the game makes threats against his victims after committing fraud, according to a lawyer for one of the injured parties.
Apparently, customers can see their balance in the game application that uses the image of cryptocurrencies, but they cannot extract values from such missions. After the coup, victims gather in a message group to trigger those responsible for the fraud.
If anything, the case proves that “there’s no such thing as a free lunch,” especially when it comes to promises of quick and sure profits.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.