The total amount of “brick arbitrage” fraud exceeded 35,000 ETH, of which 3433 have been cashed on Bity Exchange

According to the data monitoring of CoinHunter, the total number of scams of the “Move Brick Arbitrage” scam has exceeded 35,000 ETH since 2019, of which 3433 have been cashed on the Bity Exchange. The scam pretends to use the “moving brick arbitrage” rhetoric to induce users to transfer ETH to the address provided by the fraudster, and then transfers false “HT” to the user in proportion to defrauding user assets. As of the time of the report, the scam is still running. CoinHunter reminds users to be alert to the false propaganda of “moving bricks and arbitrage” to avoid asset losses.