Citizen's Arrest Catches Crypto Scammer in Pasay City
A Philippine citizen's swift action led to the arrest of a crypto scammer in Pasay City, thanks to on-chain evidence.
The incident began on July 22, 2026, when a victim transferred ₱3.7 million (60,000 USDT) to a digital wallet address provided by Glenn Yzabel, a Makati City resident.
Yzabel claimed the cryptocurrency was 'fake' and demanded additional payments under the guise of purchasing a 'recovery token' or a 'wallet top-up fee.'
The victim, however, had been tracking the transaction on-chain and recognized the scheme. They arranged a trap meeting at the CCP Complex in Pasay City on July 28.
When Yzabel attempted to extract another ₱200,000 using the same pretense, the victim executed a citizen's arrest and handed her over to local authorities.