https://quadrigainitiative.com/cryptocurrencyhackscamfraudwiki/index.php?action=history&feed=atom&title=Cryptocurrency_Mining_Rig_Purchase_Scam_wowzas97 2026-07-21T15:40:29Z Revision history for this page on the wiki MediaWiki 1.39.1 https://quadrigainitiative.com/cryptocurrencyhackscamfraudwiki/index.php?title=Cryptocurrency_Mining_Rig_Purchase_Scam_wowzas97&diff=4964&oldid=prev 2023-09-01T19:04:32Z

<p>Another 30 minutes complete. All sources merged in. Prevention added. Information relocated around.</p> <a href="https://quadrigainitiative.com/cryptocurrencyhackscamfraudwiki/index.php?title=Cryptocurrency_Mining_Rig_Purchase_Scam_wowzas97&amp;diff=4964&amp;oldid=4609">Show changes</a>

Azoundria https://quadrigainitiative.com/cryptocurrencyhackscamfraudwiki/index.php?title=Cryptocurrency_Mining_Rig_Purchase_Scam_wowzas97&diff=4609&oldid=prev 2023-06-16T05:15:38Z

<p>Created page with &quot;{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/cryptocurrencyminingrigpurchasescamwowzas97.php}} {{Unattributed Sources}} <a href="/cryptocurrencyhackscamfraudwiki/index.php?title=File:Blockchaininfo.jpg" title="File:Blockchaininfo.jpg">thumb|Blockchain.info</a>Reddit user wowzas97 reports that when they went to sell their mining rig, they were tricked into installing a fake bitcoin wallet application on their smartphone. Once that was installed, they received a fake payment from the purchasers. The purchasers made off with the mini...&quot;</p> <p><b>New page</b></p><div>{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/cryptocurrencyminingrigpurchasescamwowzas97.php}}<br /> {{Unattributed Sources}}<br /> <br /> [[File:Blockchaininfo.jpg|thumb|Blockchain.info]]Reddit user wowzas97 reports that when they went to sell their mining rig, they were tricked into installing a fake bitcoin wallet application on their smartphone. Once that was installed, they received a fake payment from the purchasers. The purchasers made off with the mining rig, and they realized after they left that the funds had never been transferred.<br /> <br /> The country for this case study is not yet known.&lt;ref name=&quot;redditold-11200&quot; /&gt;&lt;ref name=&quot;redditold-11201&quot; /&gt;&lt;ref name=&quot;redditold-11202&quot; /&gt;<br /> <br /> == About None ==<br /> &quot;I had recently finished building my cryptocurrency mining rig and had it run 24/7 to generate income. However I am a university student and to fund my masters in my country you get very little help from the government. I had made the decision to sell it on various sites for £5000. This was neither a good nor bad price; it was very middle of the road. I'm sure you are curious of specific specifications but I do not want to give out any identifying information. A man contacted me asking to the general profiling questions and asked to pick it up from my house. I was happy to as it was quite big to post and the insurance was a nightmare. He claimed to have a long drive and arrived with a 2nd man which he said he was bringing. We had previously arranged for the transaction to be sent via bitcoin and I agreed. I showed him the goods that were prepacked and they were both happy. No alarm bells were ringing and even made small talk with myself and my mother at the time. I asked for payment and they had appeared to have paid as the money appeared in my wallet. 10 minutes after they left panic ensued as I had seen the money disappear. I later realised that the money was never in the account as the transaction had not appeared on any log. I hope to learn from this mistake as this had taken a long time to build and a lot of money put in which i can now no longer use to pay my tuition.<br /> <br /> I hope others can learn from this as well as myself to always vet people. Get their ID. Take pictures. Take as much identifying information as you can&quot;<br /> <br /> &quot;From my end, I saw my wallet go from 0 to 5k. With hindsight I of course should've checked the log, but I wasn't looking for any indication I had been scammed.&quot;<br /> <br /> &quot;Just to clarify: my wallet was at 0, then I asked for payment. My wallet then went up to the 5k. I do not know how this happened perhaps someone else who has a better understanding could help? Perhaps cloning or an overlay was used on my phone.<br /> <br /> When someone sends money via bitcoin it's recorded publicly on a ledger. The fact it wasn't on the blockchain shows that they never sent the money at all.<br /> <br /> I have never seen this sort of scam and I still do not know specifically how they did it but I have some educated guesses.&quot;<br /> <br /> &quot;I used a wallet on the app Blockchain. Yes I physically saw the money on my phone. I understand you can not &quot;undo&quot; a bitcoin transaction which is why when they suggested it in the beginning I felt completely comfortable with it.<br /> <br /> I am 100% sure the BTC never made it to my wallet. Which is why an overlay may have been on my phone to give the illusion of it being there.<br /> <br /> I was using a Samsung phone.&quot;<br /> <br /> &quot;Yes, the wallet is on the website you stated blockchain.com, however they also have an app simply called Blockchain which I primarily used. I did have this wallet before I met these people however I had never used it.&quot;<br /> <br /> &quot;Yes, he sent £1 to 3 different wallets, one after each other and blockchain app had the fastest delivery time so we decided on using this specific wallet.&quot;<br /> <br /> The country for this case study is not yet known.<br /> <br /> The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.<br /> <br /> Include:<br /> <br /> * Known history of when and how the service was started.<br /> * What problems does the company or service claim to solve?<br /> * What marketing materials were used by the firm or business?<br /> * Audits performed, and excerpts that may have been included.<br /> * Business registration documents shown (fake or legitimate).<br /> * How were people recruited to participate?<br /> * Public warnings and announcements prior to the event.<br /> <br /> Don't Include:<br /> * Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.<br /> * Anything that wasn't reasonably knowable at the time of the event.<br /> There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.<br /> <br /> == The Reality ==<br /> This sections is included if a case involved deception or information that was unknown at the time. Examples include:<br /> <br /> * When the service was actually started (if different than the &quot;official story&quot;).<br /> * Who actually ran a service and their own personal history.<br /> * How the service was structured behind the scenes. (For example, there was no &quot;trading bot&quot;.)<br /> * Details of what audits reported and how vulnerabilities were missed during auditing.<br /> <br /> == What Happened ==<br /> The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.<br /> {| class=&quot;wikitable&quot;<br /> |+Key Event Timeline - Cryptocurrency Mining Rig Purchase Scam wowzas97<br /> !Date<br /> !Event<br /> !Description<br /> |-<br /> |December 27th, 2021 1:27:34 PM MST<br /> |Reddit Post<br /> |Situation was posted about on Reddit.<br /> |}<br /> <br /> == Technical Details ==<br /> This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?<br /> <br /> == Total Amount Lost ==<br /> The total amount lost has been estimated at $5,000 USD.<br /> <br /> How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?<br /> <br /> == Immediate Reactions ==<br /> How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?<br /> <br /> == Ultimate Outcome ==<br /> What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?<br /> <br /> == Total Amount Recovered ==<br /> There do not appear to have been any funds recovered in this case.<br /> <br /> What funds were recovered? What funds were reimbursed for those affected users?<br /> <br /> == Ongoing Developments ==<br /> What parts of this case are still remaining to be concluded?<br /> == Individual Prevention Policies ==<br /> {{Prevention:Individuals:Placeholder}}<br /> <br /> {{Prevention:Individuals:End}}<br /> <br /> == Platform Prevention Policies ==<br /> {{Prevention:Platforms:Placeholder}}<br /> <br /> {{Prevention:Platforms:End}}<br /> <br /> == Regulatory Prevention Policies ==<br /> {{Prevention:Regulators:Placeholder}}<br /> <br /> {{Prevention:Regulators:End}}<br /> <br /> == References ==<br /> &lt;references&gt;&lt;ref name=&quot;redditold-11200&quot;&gt;[https://old.reddit.com/r/Scams/comments/rpwhxe/scammed_out_of_my_cryptocurrency_mining_rig/hq82n76/ Tradegrow comments on Scammed out of my cryptocurrency mining rig] (Oct 3, 2022)&lt;/ref&gt;<br /> <br /> &lt;ref name=&quot;redditold-11201&quot;&gt;[https://old.reddit.com/r/Scams/comments/rpwhxe/scammed_out_of_my_cryptocurrency_mining_rig/hq82z8x/ Tradegrow comments on Scammed out of my cryptocurrency mining rig] (Oct 3, 2022)&lt;/ref&gt;<br /> <br /> &lt;ref name=&quot;redditold-11202&quot;&gt;[https://old.reddit.com/r/Scams/comments/rpwhxe/scammed_out_of_my_cryptocurrency_mining_rig/ Scammed out of my cryptocurrency mining rig : Scams] (Jun 2, 2023)&lt;/ref&gt;&lt;/references&gt;</div>

Azoundria