Summary
Victims were tricked into downloading apps promising high returns on crypto investments, but were unable to withdraw their balances without paying additional fees, leading to a lawsuit describing the promises as fake.
Key Points
1. Victims were promised high returns from investing in crypto and other products, which the lawsuit described as “illusory.”
2. When victims tried to withdraw their balances, they were asked to pay various fees to recover their investments and purported gains.
3. The apps lured victims into downloading them by offering promises of high returns, ultimately leading to financial losses for those who fell for the scheme.