BBC UK
•Business
Business & Economics
67% Informative
iEarn Bot is believed to be one of the largest crypto scandals to date.
Thousands of people are believed to have lost their savings after investing in the app.
Experts say it could be the largest scam to date, with thousands of people losing their savings.
The company claims to have 800,000 customers in Indonesia and has not responded to the BBC.
One main crypto wallet received payments from about 13,000 potential victims, for a profit of almost $1.3m (Â1m) in less than one year.
FBI set up Virtual Assets Unit last year to respond to growing number of crimes using virtual currencies.
But law enforcement agencies maintain best way to fight scammers remains prevention.
VR Score
71
Informative language
70
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63
Article tone
informal
Language
English
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38
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
not detected
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short-lived
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