Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Washington regulator warns Miami equity fund 005 of crypto scam

Washington regulator warns Miami equity fund 005 of crypto scam

CointimeCointime2024/07/26 11:04
By:Cointime

The Securities Division of the Washington State Department of Financial Institutions (DFI) has issued a warning about cryptocurrency investment scams after receiving a complaint from a resident about their investment in the Miami Foundation Equity Fund 005. The investor deposited funds through a Whatsapp group led by "Mark" and "Alice" on the now-defunct Vims.one platform, which promised over 100% returns on cryptocurrency deposits twice a week. Despite paying a 5% withdrawal commission, the investor has not received their funds. The scam used a name similar to the legitimate Miami Foundation, but the foundation was not involved. DFI has classified such cases as "advance fee fraud" and cryptocurrency investment scams using social media.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

BTC breaks through $97,500

Cointime2024/11/24 12:33

DOT breaks through $8.5

Cointime2024/11/24 12:33

Data: BTC market share falls below 59%

Cointime2024/11/24 12:33

SOL breaks through $250

Cointime2024/11/24 12:00