Unknown crypto investor lost $1,100,000 by sending 26 Bitcoin to scammers

By: Maksim Panasovskyi | 18.01.2022, 17:34
Unknown crypto investor lost $1,100,000 by sending 26 Bitcoin to scammers

Fraudsters are constantly looking for new and improving old schemes to extort money from crypto investors. Last weekend, attackers were able to get 26 Bitcoin using the name of Michael Saylor, the head of MicroStrategy.

What is known

To begin with, we note that MicroStrategy is the largest crypto investor in the world. The company is developing software for data analysis using artificial intelligence algorithms. MicroStrategy turnkey solutions are used for business decision making and mobile software development.

The company has more than 124,000 BTC worth over $5,000,000,000. Social media scammers introduced themselves as Michael Saylor and offered investors to double their investment. One gullible user "pecked" at the offer.

An unnamed investor transferred 26 BTC to the attackers in the hope of getting 52 BTC. As a result, he lost his assets. At the time of the transaction, 26 Bitcoins were valued at $1,100,000.

Michael Saylor noted that almost half a thousand such fraudulent projects appeared on YouTube over the past week. According to the businessman, MicroStrategy is trying to track them and send complaints, after which YouTube removes the videos.

A source: @whale_alert