The FBI has launched a full-scale investigation into a sophisticated crypto scam involving the fraudulent platform ICHCoin, which has swindled over $30 million from unsuspecting victims across the United States. The scheme, which began in December 2023, has targeted nearly 600 individuals, many of whom have lost their entire life savings. FBI Houston’s Assistant Special Agent in Charge Amanda Culver has labeled ICHCoin both a “scheme” and a “scam,” and the FBI is now urging additional victims to come forward. The ICHCoin scam operates through a calculated and methodical approach, relying on social media platforms like Facebook and Instagram to find victims.
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