BBC Bitcoin mining report used in crypto-scam

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The BBC’s Silicon Valley correspondent investigates how his report was used to steal life savings.

He is a smiley, glass-half-full kind of guy - naturally positive and full of energy.He's the least likely person, you'd think, to fall victim to an online scam."I was so stressed. I was just lost. I told my wife and she said, 'I thought you were intelligent. How did you lose so much money?'"He wasn't just telling me about the deception, though. He was warning me.

The group had nearly 3,000 members. Surely so many people couldn't be wrong? He decided to give it a whirl. However, as the mining started, Peavsky began to message with bad news. The mining had run into problems. Peavsky needed more money to fix them.It wasn't the last request. The problems kept coming. More money was needed to keep the mining going, to save his initial investment. There's a point in the exchange where you think Chiranjeevi has worked it out…Chiranjeevi was starting to panic.

Peavsky began to pressure him to invest more. "Can't you borrow money from family and friends?" he said. I first started with the company that Mr Peavsky claimed to run - B2C Mining. This is a real company, based in Almaty, Kazakhstan. But it's not run by Vadmir Peavksy. To do this, they needed to send the money into the scammer's digital wallet, which has a specific ID number.

 

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Bitcoin is something worth talking about, I decided to give it a try when i witnessed how it lifted my friend to his financial hierarchy. I invest $1500 worth of bitcoin and now with the current increase in bitcoin price I got $17,200 just in a week with the help Shelia_A_Gooch

Easy coming easy going.

He was tricked because he got greedy. Always go through legit channels.

This is utter 💩? Whats up BBC run out of narratives ..

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