Crypto junior trader scam

So today I was scammed out of $10,000.

After being made redundant and the job market being terrible here in the uk, I decided to start looking at alternative careers. My life saving are in stocks and shares and I’m constantly watching videos and stuff about trading. So when a came across a work from anywhere job that involved becoming a crypto trader, it caught my attention and clicked apply.

I was then emailed and contacted by phone asking me to contact a one of their financial advisors to start a week long internship. Basically the scam work by following the signals they supply to swap one crypto for another and then back again, in the time period they specify, you then get paid a 0.5-3% payment. You are told you’re using your own money but they require a 10% payment of any profit you make. You start of with just a small amount ($250) doing 1-2 swap trades a day and it all goes swimmingly making a few dollars here and there. You think well you’re using an independent crypto wallet (they got me to use Bitget) so it’s not like they have direct access to your funds! They even tell you this in your daily calls.

So by the end of the week you think this is great if only you were using larger amounts. You pass your ’intership’ period so now you can get access to the vip group that receives 6-8 signals a day. Though to be member of the group you need to increase your wallet amount to $10,000. So this I the part where num nuts here start draining his savings to meet the requirements. Then 10 minutes later a random transaction happens and your 10k is gone.

So I think what happens is that whilst completing the swaps, you link your wallet to different platforms. What you don’t realise is that the link you created never closes and there’s no limit on the transactions, the scammers use this link to access your account and drain it. The platforms they linked me to were called ‘SushiSwap’ ‘Uniswap’ & ‘PancakeSwap’

So be aware people, I thought it was too good to be true and it was but I ignored it, mainly due to the vulnerable situation I was in. Now I’m still jobless and a massive chunk out of my savings has gone!