Myanmar syndicate fingered in gold coin investment scam
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Cybercrime Syndicate Activities: A cybercrime syndicate in Myanmar has been accused of running a large-scale gold coin cryptocurrency investment scam, primarily targeting U.S. citizens through deceptive practices and fake online identities.
Victims' Experiences: Two victims from India revealed their involvement in the scam, detailing how they were manipulated into recruiting others and using social media to build trust with potential investors, only for those investments to become inaccessible upon withdrawal.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
