BEAMSTART Logo

Flash USDT Scam Exposed: How It Works and How to Protect Your Crypto Assets

BitcoinWorld LogoBitcoinWorld3d ago

Flash USDT Scam Exposed: How It Works and How to Protect Your Crypto Assets - BitcoinWorld

Quick Summary:

This scam specifically targets Tether (USDT), a popular stablecoin pegged to the U.S.

In one notable example, a user received a fake USDT deposit notification and was convinced to send Bitcoin (BTC) to the scammer in exchange.

The scam often employs “flash loans” or fake token transactions that appear legitimate at first glance but are essentially valueless.


More Pictures

Flash USDT Scam Exposed: How It Works and How to Protect Your Crypto Assets - BitcoinWorld (Picture 1)

or

Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 11:33:57 (3 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 632 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23514027

View Article Analysis

About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 16 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Flash USDT Scam Exposed: How It Works and How to Protect Your Crypto Assets" has 632 words across 33 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Flash USDT Scam Exposed: How It Works and How to Protect Your Crypto Assets" was covered 3 days ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 16 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23514027
  • URL: https://beamstart.com/news/flash-usdt-scam-exposed-how-17313256244369

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.