The scammer’s victim was a woman who met him on a dating site. Some time after communicating, he convinced her to invest in cryptocurrencies. The woman agreed to transfer him a total of €186,000 over six transactions, believing she was transferring funds to a legitimate platform. When the depositor realized that she had been deceived, the fraudster had already fled with her money.
In August, the victim filed a police report and contacted the Dutch company DataExpert, which specializes in crimes involving digital assets. The company’s experts were able to trace that the fraudster transferred part of the stolen funds to Binance. Having received this information, the victim asked Binance specialists to freeze the attacker’s address and reveal his identity. Binance blocked the user’s account but refused to release his personal information without a court order.
The Hague court ruled in favor of the woman, recognizing the seriousness of her financial losses. Binance is now required to provide the account holder’s full name, address, and full asset statement within 14 days. The court explained that the victim has no other way to identify the fraudster, and the amount of funds stolen outweighs the exchange’s concerns about the privacy of the user who committed the theft.
According to the Canadian Anti-Fraud Center (CAFC) and the Canadian Investment Regulatory Organization (CIRO), crypto scammers are increasingly using hook-ups and pig-slaughter schemes to gain the trust of people and convince them to deposit large amounts of money into a dubious crypto project.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
