word number: 2171
Time: 2021-03-01 14:29:27 +0000
Now let’s get started with the story.
I’m a cryptocurrency enthusiast, I diversified, and decided to the hold digital coins for a long time because not only that I believe the value of cryptocurrency will skyrocket, I liked the background, concept, story, and technology behind them. I really hope in the future that cryptocurrency will be used for daily transactions, not only to be traded on the market. When I decided to hold for a very long, I found a better option. If I’m going to hold them for years anyway, why not time deposit or stake them.
As I tried staking my diversified coins in many different platforms and wallets, I came uppon Cobo Wallet (optional referral: 089ZY6) which is a mobile wallet that provides proof of stake services and I if I’m not wrong, mutual fund services on various digital coins. At first, I staked Vechain and joined Ripple mutual fund program. I successfully deposit them from Indodax Exchange to Cobo Wallet. Without hesitation, I proceeded to the next coin which I want to put into mutual fund which is EOS.
It is here I encountered my first ever problem in depositing a coin. The withdrawal of 8.3428 EOS shows success on Indodax Exchange but Cobo Wallet (Address: cobowalletio Memo: 618116b4) haven’t received.
This is also the first time that I contact support page and especially because of money. The response from Indodax Exchange is that the transfer from their side succeeded and asked me to give TX ID 00197eedb5e2465281bfa243f3ba180557f580a3fe18833bdc58fe70be1cb49 to Cobo Wallet team.
I submitted a ticket to Cobo Wallet’s support team and also left an offline chat. Then I look around for other places to contact them and this is where the tragedy began.
I sent to tickets, one is to the chat who told me to give the TX ID to cobo wallet’s team and the other is through email to specialists of coin deposit and withdraw at Indodax. The specialist replied that he will take a look at the problem and finally he managed to recover my EOS from the failed TX ID.
Then I tried sending EOS to cobo wallet again and succeeded and proceeded in placing it in mutual fund.
It started out when I found Cobo Wallet’s Telegram group. The trigger was the message I send into their group asking the status of my request regarding my EOS transfer. This is where I made myself vulnerable.
What I should have done was wait for their reply through email before texting to their group and even safer is to discuss this matter only through their support page. Also, I should have the read text history, there are many scam warnings. Anyway, an admin name Floris-Jan replied that what I did was sufficient and I should wait.
Finally, the scam started. Coincidencely, a few a minutes after an email arrived from support team only saying that the EOS wallet is functioning again after maintenance but my EOS balance was never updated, the scammer impersonating as Floris-Jan private message. Since Floris-Jan was the one who replied to my message in the group, so I thought that it was actually him and because the private message arrived shortly after I received the email. I checked only a glance at their profiles and looked identical but if I looked into more detail, I could’ve realized. An excuse, I was in a very tired situation back then.
I never heard of such algorithm and since I’m not an expert in the block chain technology, I just believed. That was a very stupid decision. No matter how amateur you are, you have to search, study, and verify the algorithm, or at least discuss with other admins. I sent the scammer 1 ETH.
I also gave him access to my accounts, gave him usernames, passwords, google authenticator, sms verification messages, anyway I let him explore all of my accounts. Why I did this, is explained on the next section.
Although my stupidity, I was lucky that my accounts were unscathed because I give him credentials but those were temporary passwords and pins that I quickly changed, and I always stayed logged in to my account so that I don’t lose access to it. Also thanks to the heavy security of the accounts where you cannot remove sms authentication, also google authenticator which helps to secure my account.
The scammer made me the perpetrator, told me that I was a lier, and convinced me that I damaged the system that could potentially lead to great loss. Furthermore, I had funds in my cloud cobo wallet, that I thought if I anger an admin, I may lose my funds. I was also tired and in my humble state at that time, that made feel very bad and responsible. I stopped recording the video because I panicked.
I misunderstood the scammer’s procedure and sent 1 ETH from the exchange instead from my cobo wallet etherium address because it took a very long time to receive etherium on my cobo wallet. HE TOOK ADVANTAGE OF MY MISUNDERSTANDING AND MADE ME GIVE HIM CREDENTIALS AND AFTERWARDS ASKED FOR 1 MORE ETHERIUM FROM MY COBO WALLET WHICH WAS VERY LATE IN RECEIVING. HOW EVIL IS THAT? At this point, I lost 2 ETH and some fees.
I was very down and took all of my energy and then the scammer asked me to convert all of my assets to ETH and sent to the address. This devastated me, my assets are a year worth of savings. Giving all of that assets means reducing all my hard work of one year to nothing. This is something that I really cannot do, and I’d rather lose my 2 ETH and all of my asset in cobo wallet rather than complying to the scammer’s demand. I checked the group over and over, read about scam notices, tried matching with the real admin and sadly found that these two are different people. So I gathered my courage and message the real admin and the telegram group to verify. Finally, my worst fear came true.
I lost 2 ETH with some transfer fees all around ~ $500.
This maybe just an excuse but this is my first time experiencing problems on my cryptocurrency transaction which was my first time contacting supports and interact with a forum. At most I just join a forum and only remain quite as an observer. Even in social media I rarely comment, only nowadays I started.
I never heard of scams, rarely read any stories of scams, and this is my first time ever being scammed. Therefore, I thank you from the bottom of my heart for providing me with this harsh experience so that I can be more resistant and avoid bigger scams in the future.
I can tell, write, and share my experience with others so that they may not experience this unfortunate event like me. I’d also like to think that I can gain something from this lost. Other than experience, I hope that I can attract networkings by sharing this experience, opening opportunities, and bluntly my this post become viral that not only will profit me but lots of people.
Please share this post and video with as many people as possible to make people more aware of scams. This is the only thing that I humbly request.
Like this post, subscribe, and comment your prayers, hopes, and wishes so that no more scams happen in the future.