• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Sunday, July 12, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Bitcoin

A crypto fraudster has been charged for stealing $500,000

by Baisakhi Mishra
April 1, 2022
in Bitcoin, Crypto, News
Reading Time: 2 mins read
0
A crypto fraudster has been charged for stealing $500,000 from a new cryptocurrency trader in a complex Bitcoin scam

Image Source: The Indian Express

TwitterWhatsappLinkedin

A crypto fraudster has been charged for stealing $500,000 from a new cryptocurrency trader in a complex Bitcoin scam. Liakounakos, a 23-year-old scammer, pretended to be a Bitcoin exchanger and stole half a million dollars.

You might also like

Federal Prosecutors Prepare to Abandon $722 Million Cryptocurrency Fraud Case Against Alleged Mastermind

The Quiet Revolution: Why Stablecoins Are Becoming More Important Than Bitcoin

The Sunset of Efficiency DOGE Shuts Down Operations Following Scheduled Mandate

A crypto fraudster has been charged for stealing $500,000 from a new cryptocurrency trader in a complex Bitcoin scam
Image Source: The Indian Express

The victim claims he was promised $50,000 in exchange for $500,000 BTC by a scammer he contacted on Telegram. The victim was so taken aback by the offer that he sent the Bitcoins to the seller immediately, expecting the cash equivalent the next day.

A crypto fraudster has been charged for stealing $500,000 from a new cryptocurrency trader in a complex Bitcoin scam

Authorities report that a crypto fraudster has been charged with stealing $500,000 from a new cryptocurrency trader in a complex Bitcoin scam.

Fillippos Liakounakos, a 23-year-old scammer, pretended to be a Bitcoin exchanger and stole half a million dollars in bitcoins. The victim claims that he was promised the cash in exchange for the cryptocurrency $500,000 BTC, plus a $50,000 fee, by a scammer he contacted on Telegram.

A Las Vegas poker player has been arrested for stealing $500,000 worth of Bitcoin from a cryptocurrency trader.

Be careful out there.

— Las Vegas Locally ? (@LasVegasLocally) March 30, 2022

The victim was so taken aback by the offer that he sent the Bitcoins to the seller immediately, expecting the cash equivalent the next day. The unsuspecting victim had no idea that the con artist had given him forged documents to avoid getting caught by police. He contacted the imposter the next day to ask for the money, but the person who answered had no knowledge of the transaction since the fraudster simply used his information to scam him.

After finding that he had been the victim of a Bitcoin scam, the trader filed a complaint with the Las Vegas Internet Crime Complaint Center in November 2020. Officials initiated an investigation into the issue after his charges, which included a thorough examination of the Bitcoin transaction.

“I investigated the transaction on the public blockchain and watched the BTC (bitcoin) being moved fast in what is commonly known as “peeling” to mask where the BTC was going,” an investigator said.

The con artist could not be located. After Liakounakos approached the victim again, offering to help him convert $999,900 Bitcoin into cash in exchange for the criminal’s email address, his luck ran out. The victim was informed as quickly as possible.

If you find this article informative then do not forget to share it with your friends and family!

Also read: Brian Armstrong reiterates that the EU is on the verge of making “poor policy ideas around crypto”

Tags: #Bitcoin scam#Fillippos Liakounakos
Tweet54SendShare15
Previous Post

Brian Armstrong reiterates that the EU is on the verge of making “poor policy ideas around crypto”  

Next Post

Do Kwon Says Terra (LUNA) Plans on Being Biggest Bitcoin Holder in World

Baisakhi Mishra

Recommended For You

Federal Prosecutors Prepare to Abandon $722 Million Cryptocurrency Fraud Case Against Alleged Mastermind

by Anindya Paul
July 12, 2026
0
BitClub

The multi-year long legal tussle has reportedly got the Justice department of the US to drop charges against the one deemed responsible for the biggest Ponzi scheme in...

Read more

The Quiet Revolution: Why Stablecoins Are Becoming More Important Than Bitcoin

by Anindya Paul
July 12, 2026
0
Stablecoins

Bitcoin has been the focal point of economic news articles for the past ten years. Originally, Bitcoin was intended to be a decentralized system of peer-to-peer monetary transactions,...

Read more

The Sunset of Efficiency DOGE Shuts Down Operations Following Scheduled Mandate

by Anochie Esther
July 12, 2026
0
DOGE shuts down operations

The ambitious, sweeping, and deeply controversial experiment to violently downsize the American federal bureaucracy from the outside has officially reached its final chapter. Originally conceived as a modern-day...

Read more
Next Post
Do Kwon Says Terra (LUNA) Plans on Being Biggest Bitcoin Holder in World

Do Kwon Says Terra (LUNA) Plans on Being Biggest Bitcoin Holder in World

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?