Woman Duped in $277K USDT Offline Transaction Scam

A woman from Anhui province in China has fallen victim to a scam involving an offline transaction of 277,000 USDT, with local police launching a fraud investigation. The incident, which took place on January 17th, involved the victim, Ms. Cheng, and her boyfriend conducting a USDT transaction with an old friend, Sun, and his two companions at a café.

The transaction was carried out at a price of around 7 RMB per USDT. Ms. Cheng initially transferred more than 7,000 USDT as a test, and after confirming its correctness, she transferred the remaining USDT to the other party. However, Sun claimed that he was unable to transfer the USDT to his companion due to a "phone virus infection," and his accomplice immediately called the police.

Upon the arrival of the police, a suitcase containing 2 million RMB was taken away from the scene by Sun's accomplice. It was later discovered that the cryptocurrency had been transferred out, and the cash had been taken away, leaving Ms. Cheng in a state of panic. By the fourth day of the Lunar New Year, Ms. Cheng and her boyfriend found that the U coins they had transferred to Sun had all been transferred out.

The Hefei police have since launched an investigation into the case, and it is currently ongoing. This incident serves as a reminder of the risks associated with offline transactions and the importance of exercising caution when dealing with strangers, even if they claim to be old friends.