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AfreecaTV BJ Stars Targeted by Crypto Scammers
AfreecaTV’s popular BJ stars have fallen victim to sophisticated crypto scammers in South Korea. The Seoul Central District Court recently sentenced a fraudster to five years in prison for defrauding BJ stars and a businessman.
Fraud Scheme Unveiled
- The scammer stole crypto and cash from BJ stars and a businessman in over 30 instances.
- Initially, the fraudster gained the victims’ trust by donating significant sums through the platform’s star balloons.
- The scammer then posed as a crypto expert, promising high returns on investments and showing fake wallet balances.
Extent of the Scam
The fraudster managed to deceive one BJ star into sending over $7,500 initially, followed by a further $1.1 million. The scammer even falsified screenshots to showcase fake investment gains.
Consequences of the Scam
The BJ star suffered substantial financial losses, with the scammer’s debts exceeding $52,600, ultimately leading to the closure of their PR company.
Recent Trends in Crypto Scams in South Korea
South Korea has witnessed an uptick in crypto-related scams, with a notable increase in incidents targeting BJ stars and individuals. Recent studies have highlighted that a significant portion of scam victims are female, primarily under the age of 39.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
