A couple scammed out of tens of thousands of dollars in Bitcoin, even taunted by the fraudster.

According to reports, an Australian couple lost over 20,000 Australian dollars (14,000 US dollars) in a Bitcoin scam, and were even mocked by the criminals for their losses.

The concept of blockchain technology and Bitcoin itself is good, but most people still consider it a scam, thinking that these virtual things on the internet cannot be trusted. Indeed, the barrier to entry for issuing virtual currencies is low, so unscrupulous operators often use people's speculative mentality to deceive them and swindle a large amount of money.

According to a report by ABC News, Nick and Josie Yeomans, a couple, invested their funds in a trading scheme found on Facebook called Coinexx.org (not Coinexx.com, be careful not to confuse the two), and initially received good returns from their small investment.

Despite knowing that it could be a scam, as their early returns were promising, they invested more and more funds, with Nick even quitting his job. In the end, their funds were frozen and never returned.

What made them even more furious was that the scammer replied:

You've been through so much, so I'll let you off the hook. I'll be honest with you, Coinexx is a scam, everything and everyone is. Don't expect to get your money back. Focus on making money and taking care of your family.

In April of this year, the ACCC and other government agencies released a report indicating a sharp increase in cryptocurrency fraud reports in Australia in 2018. Out of 674 cases, a total of 345 million USD was defrauded.

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