SINGAPORE – In September 2021, Mr Brian Bruce received an invitation from a man to connect on online professional network LinkedIn, which eventually led to him losing US$200,000 in a cryptocurrency scam.
After chatting with him for two weeks, the man introduced Mr Bruce to cryptocurrency trading platform Zebpayex.vip to trade Tether, a cryptocurrency stablecoin pegged to the US dollar.Convinced the platform was legitimate, Mr Bruce gradually increased his investment to $200,000 over two weeks. While trying to find online resources for scam victims, he discovered the Global Anti-Scam Organisation , a volunteer-run group that supports victims of online scams.Mr Bruce, who is now Gaso’s chief of operations, spoke to The Straits Times on the eighth episode of the Stop Scams podcast, which will be broadcast on Friday.