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

According to the monitoring of CoinHunter, since 2019, the total amount of scams of “brick arbitrage” scams has exceeded 35,000 ETH, of which 3433 have been cashed on the Bity exchange. The scam used the "moving brick arbitrage" rhetoric to induce users to transfer ETH to the address provided by the scammers, and then transferred false "HT" to users in accordance with the proportion to defraud users' assets. As of the time of the report, the scam is still in operation. CoinHunter reminds users to be alert to the false propaganda of "moving bricks and arbitrage" to avoid loss of assets.