A concerned Nigerian called Olóyè, through his tweet has appealed to people desirous to be rich quick to be vigilant on Crypto escrow scams that are emerging. He noted scammers have duped many through that format. In his words,
“Crypto escrow scams are springing up on Telegram everyday. Stay vigilant. Do not buy crypto from anyone you don’t know or someone who you know personally has not vouched for.
“They usually give you a well below market rate. You send your money and they remove you from the group.”