Aug 2021 - LCTP Global Pig Butchering Scam - $Unknown (Global)
"it is a scam crypto trade website, and with its policy, you can't withdraw money for 80% or totally.
"Do not pay them any money! They are lying! They scammed me for lot of money. I paid them tax. But they keep lying ! They will demand more money from you. You go to the police. Make report. Police should find them and sh[u]t down their website."
"can someone help me get my money from the LCTP?"
"You can’t get your money back . The best thing you can do is report the website and track the movements of the coins you sent through the blockchain information."
Further Analysis
Victims are typically lured to invest on the LCTP Global platform through a fake online relationship. These can often be quite intimate and last weeks or months. Victims can invest a small amount and withdraw with profits if they wish to "test" the platform, however the moment they try to withdraw a larger amount they will be met with fees which have to be paid from outside the platform. No matter what fees are paid, they will never receive their money.
How Could This Have Been Prevented?
Never take investment advice from strangers online. Invest only through reputable platforms.
More Cryptocurrency Exchange Hacks/Scams/Frauds
Pinecone Finance Deflation Hack > > < < SushiSwap MISO White Hat Diffusal
Sources/Further Reading
Tradegrow comments on LCTP platform scam (Dec 31)
Tradegrow comments on LCTP platform scam (Dec 31)
Tradegrow comments on LCTP platform scam (Dec 31)
Tradegrow comments on LCTP platform scam (Dec 31)
Tradegrow comments on LCTP platform scam (Dec 31)
Confessions of a Scambaiter, Part II (Dec 31)
LIST OF REPORTED SCAM COMPANIES IN 2023 - Crypto Legal (Dec 31)
Reddit - Dive into anything (Dec 31)
reddit.com: over 18? (Dec 31)
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