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Another Fake Money Scam: 26 Bitcoins Destroyed

A new one has been added to the cryptocurrency scams. In the news we conveyed to you last week, we told you that a South Korean investor’s Bitcoins were smuggled with fake 2 million euros. A similar development took place in the Netherlands, where 180,000 euros worth of Bitcoins were purchased for counterfeit cash.

According to the news on local news source Rtlnieuws.nl, the exchange of 26 Bitcoins for 180,000 euros took place between the buyer and the seller, who met near the hotel they determined. Although the purchase appeared to be smooth and the seller left with 180,000 euros in cash, when these coins were checked, it was found to be fake and the scammer disappeared. It turned out that the fraudster had removed 500 euros in the form of fake banknotes using Photoshop. The scammer was caught while touring the French coast in Cannes in a sports car.

These scams make us question the reliability of cash, rather than making us think that Bitcoin is not safeā€¦

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