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A Queensland man enjoyed soaring profits from a crypto trading app. Then his money started disappearing

The administrative work required to run an effective investment scam has been drastically cut by using merging technologyGet our breaking news email, free app or daily news podcastWithin days of clicking on an online ad for a cryptocurrency trading app,…

This article was originally published by The Guardian World and is republished here under license.

The administrative work required to run an effective investment scam has been drastically cut by using merging technology

Within days of clicking on an online ad for a cryptocurrency trading app, a 29-year-old Queensland man watched his dashboard soar with profits.

Making investment gains was as simple as downloading the slick-looking app and browser extension linked to his crypto wallet. So he invested more.

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