David, a 41-year-old IT contractor in Brisbane, believed he was building a future with someone he met online. Over five months she guided him into Stable Club, a “stablecoin staking” app that looked flawless — and drained AUD 96,000. This is a deliberately honest account, because pig-butchering cases are among the hardest to recover, and we will not pretend otherwise.
The slow build behind Stable Club
It did not start with money. It started with months of daily messages — good-morning texts, shared plans, a relationship that felt entirely real. The conversations about investing were almost an afterthought, which is exactly what made them work.
Eventually she introduced Stable Club, a sleek app promising 2.3% daily returns on staked USDT. David started with $2,000. The app showed steady, believable growth, and a small test withdrawal actually paid out — the hook that convinced him it was genuine. Over the following months he moved savings, then part of his superannuation, into Stable Club, always in stablecoin.
When the mask slipped
When David tried to withdraw a meaningful sum to buy a car, a “VIP unlock deposit” appeared, then a tax holdback — then, for the first time in months, silence from the woman he trusted. By the time he contacted us he had sent roughly AUD 96,000 in USDT across more than a dozen transactions to Stable Club wallets.
What AssetsCollector did
- Performed full on-chain tracing of the USDT (TRC-20) transfers, following them through several hops into a clustered set of deposit addresses at two large exchanges.
- Prepared an evidenced intelligence package and worked alongside David’s police report to request a freeze on the identifiable downstream balances before they could be cashed out.
- Coordinated with one exchange’s compliance team, which held and ultimately returned a portion of funds still sitting in a flagged account.
- Helped David lock down his remaining accounts and devices, since romance-scam victims are frequently re-targeted by fake “recovery” operators.
Outcome
One exchange froze and released funds tied to a wallet still holding stablecoin, returning AUD 29,800 — roughly 31% of David’s loss. It is a partial result, and we set that expectation early. With pig-butchering, speed is everything: funds already laundered through multiple chains are usually gone, while balances still resting at a regulated exchange can sometimes be reached.
What protects people from a “Stable Club”
- Any platform promising fixed daily returns on crypto is, functionally, advertising a fraud.
- A successful small withdrawal early on is a classic confidence trick — not proof a platform is legitimate.
- The moment a withdrawal triggers a new “fee,” stop sending and document everything.
Met someone online who led you into “investing”?
You are not the first, and it is not your fault. Bring us the wallet addresses and transactions — the sooner we trace them, the better the odds.
Start a free, confidential case review →