CryptoCurrency Scam Apr 29, 2022

Scam Type

CryptoCurrency Scam

Business Name Used


Date Reported

Apr 29, 2022

Victim Postal Code


Total Dollars Lost


Scam Description

A distant family member recommended an investment manager who worked in crypto mining. I decided to try it out as I was curious in Bitcoin investment. I was provided with a mining wallet address and set up an account at superiorcryptotrade.com. I spoke with the investment manager via Instagram who told me to send $1,000 of bitcoin to the mining wallet and I would get a profit. They set up a fake BNB wallet within my Trust Wallet account and said I had to pay different IRS fees and transactions fees to get my “profit”. $45,000 dollars later I uncovered it was a scam. I had trusted my supposed distant relative blindly. Superiorcryptotrade.com is a scam site. My money is gone.