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DEA Lost $50k to a Con in a Crypto Scam
A recent report disclosed that the con artists have rolled out DEA in a scam resulting in a big loss of $50,000 in crypto scam. Case details are given.
Drug Enforcement Agency (DEA) has lost crypto assets worth $50k in a cryptocurrency scam. Â A recent report disclosed that the con artists have rolled out DEA in a scam resulting in a big loss of $50,000 in crypto scam.
It was disclosed that the stolen amount had been sized at the DEA department from the last three years which was suspected to be involved in a drug deal. DEA lost that cryptocurrency in a common scam by some con artist.
Scam Details
Details of the seized amount were given after a complete analysis of the search warrant issued in May 2023. It was mentioned on the warrant the crypto asset Tether (USDT) worth $50k was seized from two different Binance accounts. It was believed that the amount was suspected to be involved in a drug deal.
Both accounts have been channelled to carry out repeated illegal drug deals. And such transactions were properly informed and shared within the official departments for proper investigations.
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A scammer well aware of the ongoing scenario kept an eye on the trails and the transactions. He observed that the DEA department transferred $45.36 to the US Marshal Service to carry out the standards of the transfer and official standards.
Scammer seized the opportunity and generated the replica of Marshals’ account to roll on the crypto assets. DEA was deceived by the account details and considered its Marshals account instead of scammers.
Scammer rolled out Tether (USTD) worth $ 50k
The scammer easily swindled the DEA department and got USDT worth $50,000 transferred into his account instead of the Marshals’ account. Marshals got suspicious of the activity and informed the DEA and authorities.
Moreover, the Marshals asked Tether (USDT) operator to check out the transactions and seize the account as soon as possible. Tether operators followed the lead but came to realize that the scammer already moved the amount into another account before the operators could do the needful.
