Watch out for Web3 Scams!

BadDad777

Contributor
Please DO NOT fall for the web3 imposters out there! web3-cointrade.net is a scam project. I fell victim to this because initially, I was making great returns and was able to cash out. Then the perpetrator goads you into entering into a "smart contract". Once you put up the money for the smart contract, they demand a "tax deposit". Your funds are frozen until you pay up. Don't fall for it!
 

nethunter989

Contributor
I am in the web3-cointrade.org and when I tried to move my funds back into my defi wallet it failed and suddenly I was entered into one of these "Smart Contracts", without my consent, which is requiring me to add $80k more for 5 days to then get a big profit. I don't trust that somehow this money will get locked as well and now I am out $50k that is locked up in this contract. Not sure what to do at this point.
 
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