What is a 'crypto miner' & 'hijacking' scam?

The perpetrator, posing as a "crypto miner" and a self-proclaimed "expert in binary option trading," misleads victims with false assurances of a guaranteed "100% payout" on their investments.

This deceptive tactic is designed to lure unsuspecting individuals into parting with their funds, promising unrealistic returns that are unattainable in reality.

The fraudulent account, operating under the guise of a professional trader, has also been identified as engaging in "hijacking" activities, as described by the Better Business Bureau.

Hijacking refers to the unauthorized takeover of an account or platform, often with malicious intent. In this context, the scammer uses hijacking to manipulate information and further deceive potential victims.

By falsely representing themselves as a credible crypto miner and binary option trading expert, the scammer creates a false sense of trust among potential victims. This allows them to carry out their fraudulent activities with little resistance.