New York Attorney General’s Innovative Approach
New York Attorney General Letitia James has filed a lawsuit against an alleged crypto scam ring that defrauded New Yorkers out of $2.2 million. In a groundbreaking move, the lawsuit will be served via an airdropped NFT.Details of the Alleged Scam
The scammers reportedly posed as employers offering remote jobs, instructing victims to deposit stablecoins into wallets for job-related tasks. These deposits were then stolen, leaving victims without compensation.Frozen Assets and Victim Losses
Approximately $2.2 million in USDT and USDC stablecoins has been frozen in wallets linked to the scam. Victims include individuals like Ally, a receptionist who lost $100,000, and Mell, a teacher who was defrauded of a similar amount.Addressing Pig-Butchering Scams
The lawsuit highlights the rise of "pig-butchering" scams, where victims are manipulated into investing large sums under false pretenses. Attorney General James is urging New Yorkers to remain vigilant and report such schemes.Legal Implications of Serving via NFT
The NFT will link to a dedicated webpage containing the lawsuit's details, marking a first-of-its-kind legal maneuver. This method ensures that the scammers, whose identities remain unknown, receive official notice of the litigation.
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