The investor said they learned about the exchange from a “random friend request on LinkedIn.”
An investor claims to have lost $310,000 to an allegedly fraudulent crypto trading platform after learning about it from an unsolicited LinkedIn connection request.
A consumer alert from the Washington State Department of Financial Institutions (DFI) Securities Division on June 13 said the investor had been using a purported crypto trading platform called “Ethfinance.”
“The investor learned of Ethfinance through a random friend request on LinkedIn,” the DFI said. It added the investor transferred a total of $310,000 from his “DeFi wallet” to the platform in hopes of earning profits from crypto trading.
