From The NBA To Bitcoin Scammer
If you spend any time on the various social media crypto communities, you’ll be very aware of the amount of scammers out there. Add ex-NBA player Isaac Austin to that list
Ex-NBA Star Allegedly Dupes African Firm in $800,000 Bitcoin Scam
“Per the unnamed Ghanaian firm, 75 BTC were transferred to Austin as the trustee of IEA and Tudor Trust earlier this year. Under the agreement, Austin was to pay back the amount with each Bitcoin valued at $11,000, a total of $825,000 by July 3rd.
According to another victim, the ex-NBA player resorts to excuses whenever demands for payment are made. Investors in his scheme get neither the principal nor the returns on investment:
He will take your BTC and you will never get your investment back or your returns. On the day of payment, he will tell you story after story filled with lies of issues why the BTC couldn’t be delivered on the day of payment. From him having a heart attack, to the coin being sent to the wrong wallet, to him being in a queue at the bank, to him waiting for trade to conclude, to the funds being held by the bank.”