CoinwyCoinwy
  • Blockchain
  • Crypto
  • Market
  • News
Reading: Erik Bergman Loses $1.25 Million in Crypto Scam
Share
Font ResizerAa
CoinwyCoinwy
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Categories
    • News
    • Market
    • Crypto
    • Coinbase
    • Mining
    • Stocks
  • Bookmarks
    • My Bookmarks
    • Customize Interests
  • More Foxiz
    • Blog Index
    • Sitemap
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Coinwy > Blog > Crypto > Erik Bergman Loses $1.25 Million in Crypto Scam
Crypto

Erik Bergman Loses $1.25 Million in Crypto Scam

Thiago Alvarez
Last updated: August 30, 2025 11:56 am
Thiago Alvarez
Published: August 30, 2025
Share
Erik Bergman Loses $1.25 Million in Crypto Scam
Erik Bergman Loses $1.25 Million in Crypto Scam
Key Takeaways:
  • Bergman loses $1.25 million in fraud linked to MrBeast impersonation.
  • Involves fake charity pledges and engineered investment opportunity.
  • No confirmed statements from involved celebrities or institutions.

Erik Bergman, a well-known entrepreneur, lost $1.25 million to a crypto scam involving fake MrBeast pledges in a fraudulent charity scheme.

MAGA Finance

The event underscores the ongoing risks of social engineering scams that exploit celebrity influence, highlighting vulnerabilities in investor due diligence.

Erik Bergman, entrepreneur and co-founder of Catena Media, lost $1.25 million in a sophisticated crypto scam. The scheme involved fake MrBeast charity pledges, which were part of an elaborate fraud employing impersonated celebrity outreach strategies.

The fraudsters impersonated celebrities like MrBeast, Mark Rober, and others, using a fake WhatsApp group to create an “exclusive” investment idea. Bergman was targeted by the engineered investment opportunity, purportedly aligned with Team Water charitable efforts.

The scam’s immediate impact was a personal financial loss for Bergman, without wider industry repercussions. No official declarations from involved celebrities have been made yet regarding the incident. Erik Bergman noted, “I lost $1.25 million due to a sophisticated crypto scam that impersonated well-known figures in a fake charity initiative.” The $1.25 million included a $1 million fake charitable pledge and a $500,000 investment in a fraudulent crypto pre-sale. The scam was pitched as part of an early Coinbase token launch, an institutionally unaffiliated event.

No specific cryptocurrency assets have been linked to this scam so far. However, the personal financial loss remains significant with no on-chain disruption reported in existing cryptocurrency systems or liquidity networks. Historically, scams involving celebrity impersonations have targeted assets like ETH and USDT due to their transferability. Regulatory vigilance is advised, though existing data show no broader technological breach or system-level financial impact from this incident.

BitTreasury Expands Bitcoin Holdings with Major Funding
Raoul Pal Predicts Bitcoin’s Rise to $450,000 in Liquidity Supercycle
Ethereum Analysts Predict Bull Run to $16K
Solana ETF Approval Prospects Drive Market Speculation
Bitcoin Falls Below $118.5K Amid Fed Decision Alarm

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article AT&T Acquires $23B Spectrum Amid Sector Rotation Focus AT&T Acquires $23B Spectrum Amid Sector Rotation Focus
Next Article Ripple Achieves Regulatory Milestone in XRP's Growth Ripple Achieves Regulatory Milestone in XRP’s Growth

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Popular News
What are the Most Bullish Cryptocurrencies to Buy Right Now?
Crypto Bahamas: Regulations Enter Critical Stage as Gov’t Shows Interest
BTC Price will Hit $100K before Bitcoin Sweeps $30K Lows

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

©2024 Coinwy.com. All Rights Reserved.
  • Privacy Policy
  • Contact
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?