Core Viewpoint - A new type of scam involving cryptocurrency transactions has emerged in the Maldives, primarily targeting foreign individuals, especially Chinese citizens [1] Group 1: Scam Methodology - Scammers contact local Tether (USDT) sellers through online platforms, claiming to need assistance with currency exchange and providing a cryptocurrency wallet address for the seller to transfer USDT [2] - Scammers arrange for Chinese citizens holding large amounts of Maldivian Rufiyaa (MVR) cash to meet with the USDT sellers [2] - During the face-to-face transaction, the Chinese citizen hands over MVR cash to the USDT seller, who then transfers the corresponding amount of USDT to the provided wallet address as instructed by the scammer [2] - After the transaction, the Chinese citizen does not receive any foreign currency in their bank account, and the USDT seller is unable to contact the intermediary, leading both parties to believe they have been scammed [2] Group 2: Police Warnings and Recommendations - The Maldives police emphasize the deceptive and hidden nature of these scams, urging residents and foreign tourists to be cautious [3] - Individuals are advised not to trust third-party intermediaries for financial transactions, especially in cryptocurrency or foreign currency exchanges, and to contact the other party directly [3] - It is recommended to verify the identity of the transaction counterpart before proceeding and to be wary of unusual transfer methods [3] - In case of suspicious situations, individuals should report to the police immediately [3]