A Provo resident lost $70,000 in a cryptocurrency scam involving impersonation of customer support. Police are investigating and have traced some funds.
In a troubling incident, a Provo resident fell victim to a cryptocurrency scam, losing $70,000. The Provo Police Department is actively investigating the case, having obtained a search warrant to gather electronic evidence related to the theft.
The victim's ordeal began when they sought assistance from Aerodrome Finance regarding their cryptocurrency account. Believing they were communicating with legitimate customer support, the victim reached out via Discord.
During this interaction, a user posing as a member of Aerodrome support contacted the victim. This impersonator sent a link that appeared to be a legitimate support page. Trusting the source, the victim followed the link and entered their Coinbase wallet login information.
Once the victim provided their login details, the scammer quickly drained the account of $70,000. This incident highlights the growing trend of cryptocurrency scams, where fraudsters exploit trust and technology to deceive unsuspecting individuals.
Following the report, the Provo Police Department took immediate action. They secured a search warrant for the seizure of electronic information related to the scam. According to police records, a detective was able to trace some of the stolen funds, locating approximately $59,736 that had been transferred to an account associated with MEXC Global LTD.
In response to the findings, District Court Judge Sean Petersen of Utah County signed a warrant to search MEXC Global LTD for evidence of illegally obtained property and any related illegal activities. The police are working diligently to recover the stolen funds and return them to the victim.
This incident serves as a stark reminder of the risks associated with cryptocurrency transactions and the importance of verifying the identity of individuals before sharing sensitive information. As the investigation continues, authorities urge the public to remain vigilant against similar scams and to report any suspicious activity immediately.
