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Truth Social Users Are Losing Ridiculous Sums of Money to Scams

Read the complaints submitted to the FTC by users of Donald Trump's social media platform.

Truth Social, with its older user base of Boomers who have access to a lifetime of savings and retirement accounts, appears to be an attractive target for scammers running pig butchering operations. I was contacted on the Truth Social media app, from a girl, she says her name is [redacted] phone [redacted] and lives in Queens supposedly and originally from russia, after talking for a few weeks she asked if I knew anything about bitcoin, I said I heard of it but didn’t know much about it, so she started explaining it to me and I was interested, she asked if I wanted to invest so I did I started out with a small amount, then asked to increase it a few more time for a total of $ 168,920.00, This was all a wire transfer from my bank account to coinbase into a USDT then since coinbase doesn’t USDT to trade she said I need to open a DeFi wallet now that I want to withdraw my funds they are telling me I need to pay the taxes to the DeFi wallet to be able to withdraw my funds, and coinbase does not receive USDT funds and they say I need to pay the DeFi taxes before I supposedly before they will do anything for me. August 2023 I was on the platform Truth Social interacting with [redacted] and what I thought was a response from him telling me to contact him for a chat on WhatsApp we talked and he proposed an investment opportunity in Crypto Currency.

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