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Loom Options MarketLoomoptionsmarket.com
Investment / sanctions alert · dfpi
DFPI — Victim narrative (California)
A California victim reports they followed an Instagram user who claimed to be a professional “binary trader.” At some point, this “trader” persuaded the victim to invest $1,000. Following the trader’s instructions, the victim accessed the platform, loomoptionsmarket.com, and deposited bitcoin into the trader’s cryptocurrency wallet through a crypto asset kiosk. After that, the trader encouraged the victim to deposit $10,000 for “full access to trading.”At some point, the platform showed the victim having made profits of about $250,000. But when the victim attempted to withdraw the funds, the v
Estimated loss: $1,000
Type: Pig Butchering Scam | Fraudulent Trading Platform
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What to do if you were targeted
- 1.Stop all transfers immediately.
- 2.Contact your bank or wire transfer service to attempt a recall.
- 3.File a complaint with the FBI IC3 at ic3.gov.
- 4.Report to the FTC at reportfraud.ftc.gov.
- 5.Report to your state securities regulator via nasaa.org.