New York Attorney General Letitia Jameshas taken an important step against frauds in the cryptocurrency market. James filed a lawsuit against a fraud network that allegedly took over $2.2 million worth of stablecoins. Although the identities of the fraudsters have not yet been determined, the allegations in the case contain remarkable details.
Victims Referred to Remote Working Opportunities
According to Attorney General James’s claim scammers It promised to offer remote work opportunities to people living in New York. Stating that a stablecoin deposit was required to start the business, the fraudsters directed the victims to transfer money to wallets under their control. But it turned out that the promised jobs and payments did not actually exist at all.
According to the case file, it is worth approximately $2.2 million. USDT And USDC His stablecoin was frozen in wallets controlled by the fraud network. Victims include a hotel receptionist in Nassau County, New York, who lost more than $100,000, and a 31-year-old teacher in Queens.
Unique Notification Method with NFT
James explained that they will use an innovative method to get the case to the scammers. Accordingly, the lawsuit notification will be transmitted via NFT to wallets controlled by fraudsters. NFTwill provide scammers with a link to the Attorney General’s Office website with case documents. It was stated that this method was used for the first time at a state or federal level.
Attorney General James stated that the fraud is similar to the method called “pig inflation”, which is frequently seen in 2024. In this fraud method, fraudsters aim to get more money by establishing emotional or professional relationships with the victims. Victims whose withdrawal requests are rejected are persuaded to deposit more money to solve the problems.
James said in his statement: “One should be careful about messages regarding job opportunities from unknown people. “Report cases of suspected fraud to our office,” he said.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
