Summary
- The US SEC reported charging three Nigerian nationals with a $2.9 million Bitcoin fraud.
- They allegedly lured at least 28 investors into a fraudulent platform, convincing them to transfer Bitcoin to their own blockchain addresses.
- The defendants built trust using voice modulation software and social media, according to the SEC.
According to CryptoSlate, a cryptocurrency-focused media outlet, the United States Securities and Exchange Commission (SEC) has charged three Nigerian nationals with orchestrating a $2.9 million Bitcoin (BTC) fraud by impersonating securities brokers.
They allegedly lured at least 28 investors into a fraudulent platform, convincing them to purchase Bitcoin through legitimate brokers or exchanges, and then directed the investors to transfer the Bitcoin to their own blockchain addresses.
The SEC explained, "The defendants impersonated numerous professionals associated with U.S. companies to build websites and used voice modulation software, online group chats, and social media to gain trust."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
