I have more than 100K currently locked in some ERC 20 contract on "usdtdefi.io" which exists in Coinbase Wallet. I added USDT to my wallet and had a node mining agreement on "USDTdefi.io" that was earning some interest on my USDT. Recently, all my USDT got locked in ERC20 contract on this defi under certain liquidity pool clause. I never signed up for this contract or any contract. I remember seeing the option of this contract, and the next time I opened the link, I found my funds locked. All USDT from my Coinbase wallet is gone. By talking to USDT defi customer support, I found that I get 10ETH as reward in addition to normal interest returns if I add more funds and fulfil the liquidity pool requirement. Failing to which will be punitive and the penalty is 1.5 times the reward amount. This contract is of 14 days which is about to expire next week on Wednesday. Meanwhile I found out on REDDIT that this usdtdefi.io is a scam. https://www.reddit.com/r/EtherMining/comments/qndpyf/scam_alert_usdtdefiio_which_can_exist_in_your/ I'm not sure what to do next. If it is a scam, where to report a crypto scam? What are my chances of getting my money back? What lawyer should I be talking to? Any help is greatly appreciated. I can see the details of the transaction on etherscan website. I have all the details on the receiver address and transaction hash. I relied on Coinbase credibility but this is too bad. #crypto #softwareadvice #tech #lawyer #software #coinbase #cybersecurity
How did usdtdefi.io get access to your coinbase wallet? Did you give them your coinbase username and password?
Also did you try what the top Reddit comment said about killing the contract? https://www.reddit.com/r/CryptoCurrency/comments/kbpuzq/erc20_address_contract_interaction_scam_that_can/?utm_medium=android_app
Never shared username or password or secret key. To sign on usdtdefi.io, it asks you click on Receiver node, I clicked on it and it charges some ETH as a mining fee. But it is strange how the handshake is happening it gets access to the wallet.
TC or GTFO
I’m fed up with unemphatic TC or GTFO comments on sensitive posts, can you imagine what OP is going through ?
No
Do what any scam victim would do: sell the house and throw more money at it.
Thanks for being an a hole!
I am not sure if taking on so much risk and dealing with so much complexity is worth it. Focus on job, work hard, invest in index funds, and enjoy life.
Do remember that investing means making money work for you, not other way round
s/invested/trapped
F to pay respects
F
F
I wish I had so much spare money or guts to invest 100K in some noname crypto
What is ERC20 contract? How much interest they are paying?
Reward is 24.16 ETH in 14 days if pool liquidity is met.
That doesn't sound like a scam at all.
I have similar experience recently. I just sent you a message about what we can do.
I am in Similar situation. Let me know what to do?
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Crypto people love getting scammed, they can’t get enough of it
Unhelpful and unempathetic comment.