The FBI has issued a warning about a cryptocurrency scam called ICHCoin, which has allegedly cost Americans millions of dollars and caused some victims to lose their life savings. The scam involves luring victims through social media platforms like Facebook and Instagram with promises of education on cryptocurrency investing and high profits. Once convinced, victims are redirected to messaging platforms like WhatsApp, where they are contacted by fake professors or teachers to proceed with the scam. Victims are introduced to a fake crypto trading platform, the ICHCoin app, and urged to make investments. The scammers often ask victims to lie to banks when making transfers to these platforms. The FBI is currently investigating the scam and has urged victims to come forward with information. They have also emphasized the importance of doing proper research and recognizing red flags when making investments in cryptocurrency. The FBI has been ramping up investigations into cryptocurrency scams in recent months and has issued multiple warnings regarding crypto threats.



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