PonziScheme
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🚨 THAI POLICE BUST: Chinese National Arrested in $31.6M Crypto Ponzi! 🛑
Thai authorities have successfully cracked down on a major financial crime, arresting a Chinese national suspected of operating a massive cryptocurrency Ponzi scheme!
The Details:
The Crime: The individual was allegedly involved in a sophisticated crypto Ponzi scheme that defrauded investors out of approximately $31.6 million.
Global Effort: These large-scale busts often involve complex transnational networks, highlighting the ongoing commitment of Thai law enforcement to tackle cybercrime and money laundering.
Warning Sign: This serves as a critical reminder to always DO YOUR OWN RESEARCH (DYOR) and be extremely cautious of investment platforms promising unusually high or guaranteed returns. If it sounds too good to be true, it likely is!
Stay vigilant in the crypto space! 🛡️
#Cryptoscam #ponzischeme #ThailandCrypto #ArrestWarrant #cybercrime
Thai authorities have successfully cracked down on a major financial crime, arresting a Chinese national suspected of operating a massive cryptocurrency Ponzi scheme!
The Details:
The Crime: The individual was allegedly involved in a sophisticated crypto Ponzi scheme that defrauded investors out of approximately $31.6 million.
Global Effort: These large-scale busts often involve complex transnational networks, highlighting the ongoing commitment of Thai law enforcement to tackle cybercrime and money laundering.
Warning Sign: This serves as a critical reminder to always DO YOUR OWN RESEARCH (DYOR) and be extremely cautious of investment platforms promising unusually high or guaranteed returns. If it sounds too good to be true, it likely is!
Stay vigilant in the crypto space! 🛡️
#Cryptoscam #ponzischeme #ThailandCrypto #ArrestWarrant #cybercrime
User-Tun7883:
Mostly chinese crime
Thai authorities have arrested a Chinese national in Bangkok over an alleged $14M crypto Ponzi scheme. The suspect, Liang Ai-Bing, reportedly targeted nearly 100 victims in China through a fraudulent DeFi platform called “FINTOCH.” Police also discovered an illegal firearm during the raid as extradition proceedings begin.
#CryptoNews #defi #ponzischeme #blockchain #Write2Earn
#CryptoNews #defi #ponzischeme #blockchain #Write2Earn
🚨 Thai authorities snag a major player in a $31M crypto Ponzi scheme, linked to the FINTOCH platform! This bold operation masqueraded as a DeFi investment, but it quickly unraveled under scrutiny. International cooperation is key as the hunt continues for the remaining suspects! 💰🔍
#Crypto #ponzischeme #thailand #BinanceSquare #FraudAlert
#Crypto #ponzischeme #thailand #BinanceSquare #FraudAlert
𝗖𝗵𝗮𝗿𝗹𝗲𝘀 𝗣𝗼𝗻𝘇𝗶: 𝗧𝗵𝗲 𝗠𝘂𝗴 𝗦𝗵𝗼𝘁 𝗼𝗳 𝗮 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗙𝗿𝗮𝘂𝗱 𝗟𝗲𝗴𝗲𝗻𝗱 🚨🗿
That stark 1920s mug shot (ID 52447) captures Charles Ponzi – the Italian immigrant whose name became synonymous with scams. Born Carlo Ponzi in 1882 in Italy, he arrived in the US in 1903 broke and jobless, quickly diving into forgery, theft, and immigrant smuggling that landed him in prison twice by 1910.ce7d229608d3
𝗧𝗵𝗲 𝗕𝗶𝗴 𝗦𝗰𝗮𝗺:𝗔 𝗚𝗲𝗻𝗶𝘂𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗧𝗵𝗮𝘁 𝗙𝗼𝗼𝗹𝗲𝗱 𝗧𝗵𝗼𝘂𝘀𝗮𝗻𝗱𝘀
In 1919, Ponzi spotted an "arbitrage" loophole with international postal reply coupons (IRCs) – buy cheap abroad, redeem high in the US for 50-100% returns in 45-90 days. Sounded legit? Nope. He launched the Securities Exchange Company in Boston, promising those sky-high yields. Investors poured in: $15M in 8 months (~$200M today) from 40K people, including priests and cops.1c3ea5fbc3bf
Truth? Zero IRCs traded. It was pure pyramid: New investors' cash paid "profits" to old ones, while Ponzi pocketed millions for luxuries like a mansion and $1M in IOUs.5d6e7181f2e8 A Boston Post exposé in July 1920 unraveled it – math didn't add up, sparking a bank run and exposing the $7M hole.43a028
𝗗𝗼𝘄𝗻𝗳𝗮𝗹𝗹 & 𝗟𝗲𝗴𝗮𝗰𝘆
Arrested Aug 1920 for mail fraud, Ponzi served 3.5 years federal, then 9 in Massachusetts for embezzlement. Released in 1934, he tried a Florida swampland scam ("Charpon Land Syndicate") promising 200% returns – busted again for fraud.cb05f8c3e625 Deported to Italy in 1939, he bounced around Europe, ending broke in Brazil, dying in 1949 from aortic stenosis.99ae6f
Ponzi didn't invent the pyramid (that nod goes to 19th-century hustles like "520% Miller"), but his flair made it infamous.03bd29 Today, it warns us: If returns seem too good, they're robbing Peter to pay Paul. #PonziScheme #CryptoScams #BinanceSquare
That stark 1920s mug shot (ID 52447) captures Charles Ponzi – the Italian immigrant whose name became synonymous with scams. Born Carlo Ponzi in 1882 in Italy, he arrived in the US in 1903 broke and jobless, quickly diving into forgery, theft, and immigrant smuggling that landed him in prison twice by 1910.ce7d229608d3
𝗧𝗵𝗲 𝗕𝗶𝗴 𝗦𝗰𝗮𝗺:𝗔 𝗚𝗲𝗻𝗶𝘂𝘀 𝗦𝗰𝗵𝗲𝗺𝗲 𝗧𝗵𝗮𝘁 𝗙𝗼𝗼𝗹𝗲𝗱 𝗧𝗵𝗼𝘂𝘀𝗮𝗻𝗱𝘀
In 1919, Ponzi spotted an "arbitrage" loophole with international postal reply coupons (IRCs) – buy cheap abroad, redeem high in the US for 50-100% returns in 45-90 days. Sounded legit? Nope. He launched the Securities Exchange Company in Boston, promising those sky-high yields. Investors poured in: $15M in 8 months (~$200M today) from 40K people, including priests and cops.1c3ea5fbc3bf
Truth? Zero IRCs traded. It was pure pyramid: New investors' cash paid "profits" to old ones, while Ponzi pocketed millions for luxuries like a mansion and $1M in IOUs.5d6e7181f2e8 A Boston Post exposé in July 1920 unraveled it – math didn't add up, sparking a bank run and exposing the $7M hole.43a028
𝗗𝗼𝘄𝗻𝗳𝗮𝗹𝗹 & 𝗟𝗲𝗴𝗮𝗰𝘆
Arrested Aug 1920 for mail fraud, Ponzi served 3.5 years federal, then 9 in Massachusetts for embezzlement. Released in 1934, he tried a Florida swampland scam ("Charpon Land Syndicate") promising 200% returns – busted again for fraud.cb05f8c3e625 Deported to Italy in 1939, he bounced around Europe, ending broke in Brazil, dying in 1949 from aortic stenosis.99ae6f
Ponzi didn't invent the pyramid (that nod goes to 19th-century hustles like "520% Miller"), but his flair made it infamous.03bd29 Today, it warns us: If returns seem too good, they're robbing Peter to pay Paul. #PonziScheme #CryptoScams #BinanceSquare
Індія конфіскувала криптоактиви на $286 млн і заарештувала засновника піраміди OctaFX.
18 жовтня 2025 року Директорат з примусового виконання (ED) Індії конфіскував криптовалюту на суму $286 млн у рамках розслідування щодо відмивання грошей, пов'язаного з нелегальною платформою OctaFX. Засновника схеми, Павла Прозорова, заарештували в Іспанії за підозрою в кіберзлочинах, що вплинули на кілька країн. Загалом ED заблокував активи на $321 млн, включаючи яхту та 19 нерухомостей.
OctaFX, зареєстрована на Кіпрі з операціями в Дубаї та серверами в Барселоні, працювала як Ponzi-схема з 2019 по 2024 рік. Платформа обіцяла високі прибутки від торгівлі форекс, товарами та криптою без ліцензії від Резервного банку Індії. З липня 2022 по квітень 2023 року вона ошукала індійських інвесторів на $225 млн, згенерувавши $96 млн прибутку. Кошти надходили через UPI та банківські перекази, а потім "відмивалися" через фальшиві імпорти з Сінгапуру, мулові рахунки та офшори в Британських Віргінських островах, Естонії та Грузії.
ED подав два звинувачувальних акти проти 55 суб'єктів. Ця операція — одна з найбільших у історії Індії щодо цифрових активів, що підкреслює глобальний характер схем. Регулятори закликають інвесторів перевіряти платформи, а розслідування триває для відстеження офшорів. OctaFX — не єдиний випадок: ED розслідує подібні шахрайства з втратами $1 млрд у 2024 році.
#OctaFxScam #Cryptoscam #IndiaED #ponzischeme #CryptoRegulation #MoneyLaundering #BitcoinNews
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🚔👮♂️ Social media finance influencer Tyler Bossetti pleads guilty to running a $11 MILLION Ponzi scheme! 💸😱
- Promised 30% returns on "investments" 📈
- Used funds for luxury lifestyle: 🏠🚗💸
- Condo in downtown Columbus
- $150,000 Mercedes SUV
- Crypto investments
- Filed fake tax forms 🤥
Facing up to 23 years in prison! 🚔👮♂️ #InfluencerTrap #PonziScheme #JusticeServed #2025 #Scam
🚔👮♂️ Social media finance influencer Tyler Bossetti pleads guilty to running a $11 MILLION Ponzi scheme! 💸😱
- Promised 30% returns on "investments" 📈
- Used funds for luxury lifestyle: 🏠🚗💸
- Condo in downtown Columbus
- $150,000 Mercedes SUV
- Crypto investments
- Filed fake tax forms 🤥
Facing up to 23 years in prison! 🚔👮♂️ #InfluencerTrap #PonziScheme #JusticeServed #2025 #Scam
EvoRich’s Andrey Khovratov Sentenced to 5years In Prison
Evorich Ponzi founder Andrey Khovratov has been sentenced to five years in prison. Prosecutors had asked the court for a six year sentence.Following his arrest attempting to flee Russia in early 2022, Khovratov was charged with five counts of participating in fraud via organized crime.As per a January 23rd press-release from the Presnesnky Prosecutor’s Office, the Moscow court based Khovratov’s guilty verdict on EvoRich being a Ponzi scheme. Khovratov, being the general director of Academy of Private Investor LLC, together with an accomplice who is on the wanted list and other unidentified persons, created a website accessible to an unlimited number of people, informing that anyone can become a co-owner, shareholder, shareholder, shareholder of the global an investment fund operating in all segments and sectors of the investment market.The accomplices misled users of the Internet resource by providing deliberately false information that the investments would make it possible to implement the program of the New Economic Evolution of the World, created by Khovratov, and to receive high investment income.In order to make a profit, the misled victims purchased cryptocurrency from the defendants, transferring funds to accounts controlled by them.The members of the organized group distributed the funds received from the victims among themselves, evading their obligations to pay dividend income from investing in cryptocurrency, as well as to return the funds.An unnamed accomplice of Khovratov’s remains wanted by Russian authorities.#Evorich #ponzischeme #mlm #pyramidscheme #CryptoScamExposed
🚨 𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚 𝗦𝗖𝗔𝗠 𝗔𝗟𝗘𝗥𝗧! 🚨 ⚠️ 𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗖𝗿𝘆𝗽𝘁𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀!
🚨 𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚 𝗦𝗖𝗔𝗠 𝗔𝗟𝗘𝗥𝗧! 🚨
⚠️ 𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗖𝗿𝘆𝗽𝘁𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀! #Treasurentf 𝗶𝘀 𝗮 𝗣𝗢𝗡𝗭𝗜 𝗦𝗖𝗛𝗘𝗠𝗘! ⚠️
This fraudulent NFT platform is luring users with fake promises of high returns—but here’s the cold reality:
❌ Fake NFT sales & misleading profit claims
❌ Pays old investors with new deposits (classic Ponzi trap!)
❌ Will soon block withdrawals—leaving victims with nothing!
💰 𝗔𝗰𝘁 𝗡𝗢𝗪! 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄 𝘆𝗼𝘂𝗿 𝗳𝘂𝗻𝗱𝘀 𝗜𝗠𝗠𝗘𝗗𝗜𝗔𝗧𝗘𝗟𝗬! 💰
🔎 𝗦𝘁𝗮𝘆 𝗦𝗮𝗳𝗲 𝗶𝗻 𝗖𝗿𝘆𝗽𝘁𝗼! 🔎
✔️ Always verify platforms before investing
✔️ If it sounds too good to be true, it’s probably a scam
✔️ Report & expose fraudulent schemes!
🚨 𝗗𝗢𝗡’𝗧 𝗙𝗔𝗟𝗟 𝗙𝗢𝗥 𝗜𝗧! 🚨 𝗦𝗛𝗔𝗥𝗘 𝗧𝗛𝗜𝗦 𝗣𝗢𝗦𝗧 & 𝗪𝗔𝗥𝗡 𝗢𝗧𝗛𝗘𝗥𝗦!
🔁 𝗥𝗲𝘁𝘄𝗲𝗲𝘁, 𝗖𝗼𝗺𝗺𝗲𝗻𝘁 & 𝗦𝗽𝗿𝗲𝗮𝗱 𝗔𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀! 🔁
⚠️ 𝗔𝘁𝘁𝗲𝗻𝘁𝗶𝗼𝗻 𝗖𝗿𝘆𝗽𝘁𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀! #Treasurentf 𝗶𝘀 𝗮 𝗣𝗢𝗡𝗭𝗜 𝗦𝗖𝗛𝗘𝗠𝗘! ⚠️
This fraudulent NFT platform is luring users with fake promises of high returns—but here’s the cold reality:
❌ Fake NFT sales & misleading profit claims
❌ Pays old investors with new deposits (classic Ponzi trap!)
❌ Will soon block withdrawals—leaving victims with nothing!
💰 𝗔𝗰𝘁 𝗡𝗢𝗪! 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄 𝘆𝗼𝘂𝗿 𝗳𝘂𝗻𝗱𝘀 𝗜𝗠𝗠𝗘𝗗𝗜𝗔𝗧𝗘𝗟𝗬! 💰
🔎 𝗦𝘁𝗮𝘆 𝗦𝗮𝗳𝗲 𝗶𝗻 𝗖𝗿𝘆𝗽𝘁𝗼! 🔎
✔️ Always verify platforms before investing
✔️ If it sounds too good to be true, it’s probably a scam
✔️ Report & expose fraudulent schemes!
🚨 𝗗𝗢𝗡’𝗧 𝗙𝗔𝗟𝗟 𝗙𝗢𝗥 𝗜𝗧! 🚨 𝗦𝗛𝗔𝗥𝗘 𝗧𝗛𝗜𝗦 𝗣𝗢𝗦𝗧 & 𝗪𝗔𝗥𝗡 𝗢𝗧𝗛𝗘𝗥𝗦!
🔁 𝗥𝗲𝘁𝘄𝗲𝗲𝘁, 𝗖𝗼𝗺𝗺𝗲𝗻𝘁 & 𝗦𝗽𝗿𝗲𝗮𝗱 𝗔𝘄𝗮𝗿𝗲𝗻𝗲𝘀𝘀! 🔁
ZachXBT Exposes WhiteRock Token as Potential $33M ZKasino Money Laundering Scheme
#ponzischeme
ZachXBT exposes WhiteRock Finance as elaborate $33 million ZKasino money laundering scheme linking stolen presale funds to real-world asset platform through direct on-chain connections between marketing wallets and personal email tied to alleged mastermind Ildar Ilham operating as "Prometheus".
Prominent blockchain investigator ZachXBT has uncovered evidence linking WhiteRock Finance project to the notorious $33 million ZKasino exit scam, exposing what appears to be an elaborate money laundering operation.
This scheme was designed to legitimize stolen funds through a seemingly legitimate real-world asset tokenization platform.
The investigation reveals direct on-chain connections between WhiteRock’s marketing wallets, ZKasino’s stolen presale funds, and a personal email address that ties key team members from both projects together.
What is ZKasino?
The ZKasino scandal originally erupted in April 2024 when the blockchain gambling project abruptly diverted $33 million worth of investor funds to Lido’s staking protocol instead of returning them as promised to presale participants.
The scheme led to the arrest of team member Elham Nourzai by Dutch financial crime authorities, while alleged co-conspirators Ildar Ilham and Lior Ben Zakan reportedly fled to the Middle East.
Following Nourzai’s release in late 2024, the stolen funds began moving through a sophisticated laundering network that employed chain-hopping across ZkSync, Starknet, EVM, and Solana networks.
Proceeds were converted to Monero through instant exchanges, cashed out via OTC brokers, and traded on perpetual platforms like Hyperliquid.
ZachXBT’s investigation reveals that WhiteRock emerged in late 2024 with immediate red flags, including an anonymous team without verifiable history, fabricated partnership claims, and funding sources linked to instant exchanges commonly used for money laundering.
The investigator traced funds from ZKasino’s stolen treasury directly to WhiteRock’s marketing wallet, which was subsequently used to pay influencers for promotional content.
Most damning, ZachXBT discovered that a personal email address associated with WhiteRock’s deployer wallet belongs to an account named “IldarTheGrandMaster” on Chess.com.
This directly links the project to Ildar Ilham, one of ZKasino’s alleged masterminds, who operates under the alias “Prometheus.”
From Presale Scam to RWA Revolution: The ZKasino Money Laundering Scheme
The ZKasino exit scam represents one of the most brazen betrayals of investor trust in recent crypto history. It began as a promising blockchain gambling platform that raised over $30 million through presales before revealing its true nature.
The project initially promised participants that their bridged Ethereum would be returnable, but when launch day arrived on April 20, 2024, ZKasino dramatically altered the terms.
Instead of honoring withdrawal requests, the team converted all 10,515 ETH to ZKAS tokens at a heavily discounted rate of $0.055, subject to a punitive 15-month vesting schedule that effectively trapped investor funds.
The deception deepened when investigators discovered that ZKasino’s supposed revolutionary blockchain was merely an Arbitrum Nitro chain lacking the zero-knowledge technology that formed the core of its marketing promises.
Following the collapse and subsequent arrests, the stolen funds underwent sophisticated laundering through multiple blockchain networks and financial instruments.
This multi-vector laundering strategy, explained by ZachXBT, mirrors tactics seen in other major crypto crimes.
Recent cases include Australian authorities uncovering a $190 million laundering network that mixed illicit crypto with legitimate business income and European investigations into OKX’s alleged role in laundering $100 million from the Bybit hack.
How Stolen Millions Funded WhiteRock’s Success Story
WhiteRock, launched on December 24, 2024, positioned itself as a revolutionary platform that would bring traditional markets onto the blockchain.
The platform quickly gained traction by promising to democratize access to traditionally exclusive wealth-building opportunities through its native WHITE token and USDX stablecoin.
However, ZachXBT’s investigation reveals that WhiteRock’s impressive growth metrics and partnership claims were built on fraudulent foundations.
The project’s marketing campaigns, funded directly through wallets containing ZKasino’s stolen funds, promoted fake partnerships with major financial institutions.
StoneX publicly denied WhiteRock’s partnership claims, while supposed collaborations with BlackRock and First Citizens Bank lacked any verifiable evidence.
The project’s most audacious claim involved rumors of a partnership with Saudi Aramco through Ripple to tokenize oil supply chains, which drove WHITE token prices up 110% on May 30 despite having no factual basis.
ZachXBT has called for major exchanges, including MEXC and Gate.io, to delist WHITE token and conduct enhanced due diligence.
Follow 🔥 Stay tuned for more updates 🚀😍🚀
ZachXBT exposes WhiteRock Finance as elaborate $33 million ZKasino money laundering scheme linking stolen presale funds to real-world asset platform through direct on-chain connections between marketing wallets and personal email tied to alleged mastermind Ildar Ilham operating as "Prometheus".
Prominent blockchain investigator ZachXBT has uncovered evidence linking WhiteRock Finance project to the notorious $33 million ZKasino exit scam, exposing what appears to be an elaborate money laundering operation.
This scheme was designed to legitimize stolen funds through a seemingly legitimate real-world asset tokenization platform.
The investigation reveals direct on-chain connections between WhiteRock’s marketing wallets, ZKasino’s stolen presale funds, and a personal email address that ties key team members from both projects together.
What is ZKasino?
The ZKasino scandal originally erupted in April 2024 when the blockchain gambling project abruptly diverted $33 million worth of investor funds to Lido’s staking protocol instead of returning them as promised to presale participants.
The scheme led to the arrest of team member Elham Nourzai by Dutch financial crime authorities, while alleged co-conspirators Ildar Ilham and Lior Ben Zakan reportedly fled to the Middle East.
Following Nourzai’s release in late 2024, the stolen funds began moving through a sophisticated laundering network that employed chain-hopping across ZkSync, Starknet, EVM, and Solana networks.
Proceeds were converted to Monero through instant exchanges, cashed out via OTC brokers, and traded on perpetual platforms like Hyperliquid.
ZachXBT’s investigation reveals that WhiteRock emerged in late 2024 with immediate red flags, including an anonymous team without verifiable history, fabricated partnership claims, and funding sources linked to instant exchanges commonly used for money laundering.
The investigator traced funds from ZKasino’s stolen treasury directly to WhiteRock’s marketing wallet, which was subsequently used to pay influencers for promotional content.
Most damning, ZachXBT discovered that a personal email address associated with WhiteRock’s deployer wallet belongs to an account named “IldarTheGrandMaster” on Chess.com.
This directly links the project to Ildar Ilham, one of ZKasino’s alleged masterminds, who operates under the alias “Prometheus.”
From Presale Scam to RWA Revolution: The ZKasino Money Laundering Scheme
The ZKasino exit scam represents one of the most brazen betrayals of investor trust in recent crypto history. It began as a promising blockchain gambling platform that raised over $30 million through presales before revealing its true nature.
The project initially promised participants that their bridged Ethereum would be returnable, but when launch day arrived on April 20, 2024, ZKasino dramatically altered the terms.
Instead of honoring withdrawal requests, the team converted all 10,515 ETH to ZKAS tokens at a heavily discounted rate of $0.055, subject to a punitive 15-month vesting schedule that effectively trapped investor funds.
The deception deepened when investigators discovered that ZKasino’s supposed revolutionary blockchain was merely an Arbitrum Nitro chain lacking the zero-knowledge technology that formed the core of its marketing promises.
Following the collapse and subsequent arrests, the stolen funds underwent sophisticated laundering through multiple blockchain networks and financial instruments.
This multi-vector laundering strategy, explained by ZachXBT, mirrors tactics seen in other major crypto crimes.
Recent cases include Australian authorities uncovering a $190 million laundering network that mixed illicit crypto with legitimate business income and European investigations into OKX’s alleged role in laundering $100 million from the Bybit hack.
How Stolen Millions Funded WhiteRock’s Success Story
WhiteRock, launched on December 24, 2024, positioned itself as a revolutionary platform that would bring traditional markets onto the blockchain.
The platform quickly gained traction by promising to democratize access to traditionally exclusive wealth-building opportunities through its native WHITE token and USDX stablecoin.
However, ZachXBT’s investigation reveals that WhiteRock’s impressive growth metrics and partnership claims were built on fraudulent foundations.
The project’s marketing campaigns, funded directly through wallets containing ZKasino’s stolen funds, promoted fake partnerships with major financial institutions.
StoneX publicly denied WhiteRock’s partnership claims, while supposed collaborations with BlackRock and First Citizens Bank lacked any verifiable evidence.
The project’s most audacious claim involved rumors of a partnership with Saudi Aramco through Ripple to tokenize oil supply chains, which drove WHITE token prices up 110% on May 30 despite having no factual basis.
ZachXBT has called for major exchanges, including MEXC and Gate.io, to delist WHITE token and conduct enhanced due diligence.
Follow 🔥 Stay tuned for more updates 🚀😍🚀
MTFE: Nigeria's Billion-Dollar Crypto Ponzi Scheme Exposes the Urgency of Knowledge in Crypto Space
In a harrowing turn of events, Nigeria has been rocked by what is now known as the MTFE Ponzi scheme, an audacious crypto fraud that duped unsuspecting investors out of a staggering $1 billion. Most tragically, the majority of victims hail from the northern regions of the country, serving as a grim reminder of the critical role that knowledge plays in safeguarding oneself against Ponzi schemes and fraudulent crypto projects.
The MTFE Ponzi Scheme Unveiled
The MTFE saga, which has left a trail of financial ruin and heartache, showcased the dark side of the cryptocurrency world. Luring in eager investors with the promise of unparalleled returns, the orchestrators of the scheme capitalized on the prevailing curiosity surrounding cryptocurrencies. Operating under a veneer of legitimacy, the Ponzi scheme exploited the lack of awareness and financial education among its victims.
A Regional Tragedy and a Global Wake-Up Call
What sets the MTFE Ponzi scheme apart is the alarming number of victims from Nigeria's northern states. In these areas, access to reliable information and financial literacy resources is limited, rendering people vulnerable to exploitation. This grim reality underscores the urgent need to equip individuals with the knowledge necessary to navigate the treacherous waters of cryptocurrency investments.
The Lessons of MTFE: Knowledge is the Ultimate Defense
Discerning the Genuine from the Fraudulent: In the chaotic crypto landscape, knowledge is the beacon that guides investors away from fraudulent projects. A sound understanding of blockchain technology, market dynamics, and due diligence empowers individuals to identify red flags and steer clear of Ponzi schemes.
Mitigating Risks: Armed with knowledge, investors can accurately assess risk levels and make informed decisions. Understanding the volatile nature of the crypto market helps individuals protect their assets and avoid falling victim to the allure of get-rich-quick schemes.
Emotional Resilience: The MTFE Ponzi scheme's aftermath serves as a stark reminder of the emotional toll such scams exact on victims. Knowledge equips investors with the mental fortitude to make rational decisions, shielding them from falling prey to fear, greed, and FOMO.
Empowering Vulnerable Regions: By disseminating knowledge and promoting financial literacy, we can empower individuals in underprivileged regions to make informed choices. Education is the ultimate antidote to exploitation, as it equips individuals with the tools to discern credible opportunities from deceitful schemes.
A Roadmap to a Safer Crypto Future
The MTFE Ponzi scheme is an unfortunate chapter in Nigeria's crypto history, but it serves as a rallying cry for change. Aspiring crypto investors must recognize the dire importance of knowledge in navigating this complex arena. By actively seeking education, staying vigilant, and relying on trusted sources of information, individuals can protect themselves and their investments.
In the aftermath of the MTFE debacle, we have a collective responsibility to fortify ourselves against future Ponzi schemes. Knowledge is not just a key—it's a shield that guards against deception, safeguards financial stability, and paves the way for responsible and informed crypto investing. Let us learn from the lessons of MTFE and propel ourselves toward a brighter, more secure crypto future.
#crypto2023 #Ponzischeme
The MTFE Ponzi Scheme Unveiled
The MTFE saga, which has left a trail of financial ruin and heartache, showcased the dark side of the cryptocurrency world. Luring in eager investors with the promise of unparalleled returns, the orchestrators of the scheme capitalized on the prevailing curiosity surrounding cryptocurrencies. Operating under a veneer of legitimacy, the Ponzi scheme exploited the lack of awareness and financial education among its victims.
A Regional Tragedy and a Global Wake-Up Call
What sets the MTFE Ponzi scheme apart is the alarming number of victims from Nigeria's northern states. In these areas, access to reliable information and financial literacy resources is limited, rendering people vulnerable to exploitation. This grim reality underscores the urgent need to equip individuals with the knowledge necessary to navigate the treacherous waters of cryptocurrency investments.
The Lessons of MTFE: Knowledge is the Ultimate Defense
Discerning the Genuine from the Fraudulent: In the chaotic crypto landscape, knowledge is the beacon that guides investors away from fraudulent projects. A sound understanding of blockchain technology, market dynamics, and due diligence empowers individuals to identify red flags and steer clear of Ponzi schemes.
Mitigating Risks: Armed with knowledge, investors can accurately assess risk levels and make informed decisions. Understanding the volatile nature of the crypto market helps individuals protect their assets and avoid falling victim to the allure of get-rich-quick schemes.
Emotional Resilience: The MTFE Ponzi scheme's aftermath serves as a stark reminder of the emotional toll such scams exact on victims. Knowledge equips investors with the mental fortitude to make rational decisions, shielding them from falling prey to fear, greed, and FOMO.
Empowering Vulnerable Regions: By disseminating knowledge and promoting financial literacy, we can empower individuals in underprivileged regions to make informed choices. Education is the ultimate antidote to exploitation, as it equips individuals with the tools to discern credible opportunities from deceitful schemes.
A Roadmap to a Safer Crypto Future
The MTFE Ponzi scheme is an unfortunate chapter in Nigeria's crypto history, but it serves as a rallying cry for change. Aspiring crypto investors must recognize the dire importance of knowledge in navigating this complex arena. By actively seeking education, staying vigilant, and relying on trusted sources of information, individuals can protect themselves and their investments.
In the aftermath of the MTFE debacle, we have a collective responsibility to fortify ourselves against future Ponzi schemes. Knowledge is not just a key—it's a shield that guards against deception, safeguards financial stability, and paves the way for responsible and informed crypto investing. Let us learn from the lessons of MTFE and propel ourselves toward a brighter, more secure crypto future.
#crypto2023 #Ponzischeme
$DOGS Now you need to understand why My Yesterday's post Clearly Exposed This Ponzi Scheme of Telegarm .
Take a look at $PENGU Where your 100$ is Still 573+$ Instead of Dat 100$ In $DOGS is only left 0.9896$ .
#woahhhhhhhhhahahahahahahahahahahahahahahahahahahaa #BTCPrediction #CPIWatch #ponzischeme #failedblockchain
Take a look at $PENGU Where your 100$ is Still 573+$ Instead of Dat 100$ In $DOGS is only left 0.9896$ .
#woahhhhhhhhhahahahahahahahahahahahahahahahahahahaa #BTCPrediction #CPIWatch #ponzischeme #failedblockchain
Chinese Authorities Crack Down on $280 Million Cryptocurrency Ponzi Scheme. 🇨🇳👮🏻♂️
In a significant breakthrough, the Yuanbao Branch of Chifeng City Domestic Security Bureau in Inner Mongolia, China, has successfully dismantled a major cryptocurrency Ponzi scheme. Operating from Beijing, the undisclosed platform employed sophisticated organizational structures and innovative marketing tactics, raising suspicions of criminal activities involving cryptocurrencies.
With operations spanning 13 provinces and cities, the platform boasted over 18,000 registered members. The total transaction flow surpassed 2 billion yuan ($280 million), revealing the scale of the illicit activities. The primary focus of the scheme was a classic Ponzi structure.
Chinese law enforcement swiftly responded, arresting 30 suspects associated with the cryptocurrency platform. Additionally, they froze nearly 10 million yuan linked to the case. Ongoing investigations are in progress, with two main suspects voluntarily surrendering to authorities.
This case unfolds against the backdrop of China's existing ban on cryptocurrency assets. Despite the ban, the allure of virtual assets persists, leading many Chinese citizens to access crypto platforms through VPNs.
The crackdown on this sizable Ponzi scheme highlights the authorities' commitment to combating illegal activities within the cryptocurrency space. As the investigation unfolds, it serves as a stark reminder of the challenges posed by the intersection of financial technology and criminal enterprises.
#China #cryptocurrency #VPN #ponzischeme #Ponzi
In a significant breakthrough, the Yuanbao Branch of Chifeng City Domestic Security Bureau in Inner Mongolia, China, has successfully dismantled a major cryptocurrency Ponzi scheme. Operating from Beijing, the undisclosed platform employed sophisticated organizational structures and innovative marketing tactics, raising suspicions of criminal activities involving cryptocurrencies.
With operations spanning 13 provinces and cities, the platform boasted over 18,000 registered members. The total transaction flow surpassed 2 billion yuan ($280 million), revealing the scale of the illicit activities. The primary focus of the scheme was a classic Ponzi structure.
Chinese law enforcement swiftly responded, arresting 30 suspects associated with the cryptocurrency platform. Additionally, they froze nearly 10 million yuan linked to the case. Ongoing investigations are in progress, with two main suspects voluntarily surrendering to authorities.
This case unfolds against the backdrop of China's existing ban on cryptocurrency assets. Despite the ban, the allure of virtual assets persists, leading many Chinese citizens to access crypto platforms through VPNs.
The crackdown on this sizable Ponzi scheme highlights the authorities' commitment to combating illegal activities within the cryptocurrency space. As the investigation unfolds, it serves as a stark reminder of the challenges posed by the intersection of financial technology and criminal enterprises.
#China #cryptocurrency #VPN #ponzischeme #Ponzi
Les autorités chinoises répriment un système de Ponzi de crypto-monnaie de 280 millions de dollars. 🇨🇳👮🏻♂️
Dans le cadre d'une avancée majeure, la succursale de Yuanbao du bureau de sécurité intérieure de la ville de Chifeng, en Mongolie intérieure, en Chine, a réussi à démanteler un important système de Ponzi en cryptomonnaie. Opérant depuis Pékin, la plateforme non divulguée utilisait des structures organisationnelles sophistiquées et des tactiques de marketing innovantes, élevant des soupçons d'activités criminelles impliquant des crypto-monnaies.
Avec des opérations couvrant 13 provinces et villes, la plateforme comptait plus de 18 000 membres enregistrés. Le flux total de transactions a dépassé les 2 milliards de yuans (280 millions de dollars), révélant l'ampleur des activités illicites. L’objectif principal du projet était une structure de Ponzi classique.
Les forces de l’ordre chinoises ont rapidement réagi, arrêtant 30 suspects associés à la plateforme de cryptomonnaie. En outre, ils ont gelé près de 10 millions de yuans liés à cette affaire. Des enquêtes sont en cours, et deux principaux suspects se sont rendus volontairement aux autorités.
Cette affaire se déroule dans le contexte de l’interdiction actuelle des actifs de crypto-monnaie par la Chine. Malgré l’interdiction, l’attrait des actifs virtuels persiste, conduisant de nombreux citoyens chinois à accéder aux plateformes de cryptographie via des VPN.
La répression de cette importante chaîne de Ponzi met en évidence l'engagement des autorités à lutter contre les activités illégales dans le domaine des cryptomonnaies. Au fur et à mesure que l’enquête se déroule, elle nous rappelle brutalement les défis posés par l’intersection de la technologie financière et des entreprises criminelles.
#China #cryptocurrency #VPN #ponzischeme #Ponzi
Dans le cadre d'une avancée majeure, la succursale de Yuanbao du bureau de sécurité intérieure de la ville de Chifeng, en Mongolie intérieure, en Chine, a réussi à démanteler un important système de Ponzi en cryptomonnaie. Opérant depuis Pékin, la plateforme non divulguée utilisait des structures organisationnelles sophistiquées et des tactiques de marketing innovantes, élevant des soupçons d'activités criminelles impliquant des crypto-monnaies.
Avec des opérations couvrant 13 provinces et villes, la plateforme comptait plus de 18 000 membres enregistrés. Le flux total de transactions a dépassé les 2 milliards de yuans (280 millions de dollars), révélant l'ampleur des activités illicites. L’objectif principal du projet était une structure de Ponzi classique.
Les forces de l’ordre chinoises ont rapidement réagi, arrêtant 30 suspects associés à la plateforme de cryptomonnaie. En outre, ils ont gelé près de 10 millions de yuans liés à cette affaire. Des enquêtes sont en cours, et deux principaux suspects se sont rendus volontairement aux autorités.
Cette affaire se déroule dans le contexte de l’interdiction actuelle des actifs de crypto-monnaie par la Chine. Malgré l’interdiction, l’attrait des actifs virtuels persiste, conduisant de nombreux citoyens chinois à accéder aux plateformes de cryptographie via des VPN.
La répression de cette importante chaîne de Ponzi met en évidence l'engagement des autorités à lutter contre les activités illégales dans le domaine des cryptomonnaies. Au fur et à mesure que l’enquête se déroule, elle nous rappelle brutalement les défis posés par l’intersection de la technologie financière et des entreprises criminelles.
#China #cryptocurrency #VPN #ponzischeme #Ponzi
🚩2021 - To-Date SCAMS , SECURITIES FRAUD, PYRAMID SCHEME AND PONZI SCHEME WARNING LISTS (503 LIST):
Below you'll find both active, inactive, dormant, rebooted, rebranded and collapsed businesses (503):(majority of these lists has either rug pull or rebranded their names & company websites altogether but by their same tales you shall know them 😆😅)• 1044Pro• 5 Billion Sales• 50/50 Crowdfunding (reboot to CoopCrowd)• 4QLife• 8 Figure Dream Lifestyle• ABA Marketing (rebooted to 7 Flags Club) • ACN• Affluence Network• AI Marketing (reboot to CashBackPro)• Alliance In Motion Global (AIM Global)• AirBit Club• Alcor Trade (former Antares Trade)• Algotech (rebooted as WinWheel)• Allied Wallet• Alluyssian Sciences• Alovea• Aluva• Antares Trade (reboot to Alcor Trade)• AmpLIFEi• Antis Capital• AntUSD• Apex Financial• Aplex VA (part of Throne Legacy Capital)• Appi Travels• Arctic Nutrition• Areons• Artery Network• Assure For Life• Atteva• AuBit (rebooted as Freeway) • Average Joe Profit System • AuLives (acquired by Validus, merged)• Aura 4 Finance• AutoTrade Gold (Panthera Trade Technologies, LegoMarket LLC, Pansaka)• Auvoria Prime •Baccarat• Bakuhatsu • Belfast Capital Group • Bastion Invest• BE, Be Rules or Be Factor (former Mellius)• Be International• Bedrock Experts• Better Globe (prev Green Planet) • Beurax• Beyond• Bitassets Venture• BitClub Network • BitCoiin• BitcoLoan• BitConnect • Bitflow Asset• Bitles• BitLocity• BitPayProfits• BitPlam• BitRobot• BitWings• Bixo Money (former BixoTrade)• BlackOxygen Organics• Blessings In No Time (BINT)• Blockchain Capital• Blockchain Global (ACX)• Block Consult• BloxTec• BNB33 Club• BNBBusiness • BNB Profit• BNB Stake• BoldGains International• Bomb Party• BotTronic• Bruxis Trading• Bulavita• Juuva (former Wakaya Perfection)• BullRun• Cannerald• CashBack Marketing• CashBackPro (former AI Marketing)• Calerie• Carcoin• Cash Forex Group (CashFX)• CBI Global (reboot from Uhuru Tribe)• Centurion Global (former Ducatus Network)• CHY Mall• ClearUnited• CoinChain Digital• CoinOption• Cloud Horizon • Cloud Token• ClubShop• Commodum• Common Sense Wellnes Worldwide• Conligus (sold to OneCoin)• CTCoin (Control Traders)• Control Finance• Coop5050 (former CoopCrowd and 50/50 Crowdfunding• Cooperative Crowdfunding• CopyProTraders• Corsair Group (Cloud Horizon) • Crowd 1 (Planet IX) • Crowdbridge Global • Crunchi• CrypArena• Crypto Advice (Mended Minds, Secugenius, QuickX)• Cryptoberg• CryptobestFX247• Cryptolon• CryptoSook• CryptoSpot• CubeBit (reboot to CubeBit 2.0)• CVC Funding• CyberChain • DagCoin • Daisy AI • Daxio• DDKoin• DeFiNatics• DigiCoin• Digital Income Systems• Digital Money Markets• Digital Profit• Direct Cellars• Divine Prosperity Blossom• doTerra• Driven Properties• Ducatus Network (reboot to Centurion Global)• DuoLife•Eclipcity Global• Eaconomy (partnered with Beyond Wealth)• Easy1Up• EclipCity Global • EcoTrade• eComelize • Edain (EAI token)• Elamant• Elevate Pass• Elixoo• Elon Musk scam• Elysium Capital• Elysium Network • EndoTech• EmpiresX • Empowered Consumerism (AIM Global)• Enigro Group (rebooted to The Opportunity Network)• eOracle (reboot to Espian Global)• Epika Global• Espian Global (former eOracle) • EtherScan • EtherConnect• Evo Binary• Evolution Gifting Community• EvoRich (Skywaay Capital / NEEW) • Exove Investment• Exp Realty• Expo R&M• F2S Fund• Family First Life• EzyTRX (reboot to EzyTRX II)• Finalmente Global • Finance & Business Consulting (FBC)• Financial Education Services• Finiko• Flexkom (rebooted to Weeconomy)• Fola Global (FamilyMart)• FomoEx• Forsage BUSD (former Forsage, Fortron, Forsage Tron, Forsage XGold)• Freebay (former G999) • Freedom Group• FirstCoin Club • FutureNet• Future Maker Life Care• Futurion Finance•Gameas• Ganancias Deportivas• G999 (GSPartners, in partnership with Driven Properties)• GainBTT• GetOn Global • Gifting Community• Gift Of Legacy• Global I Gold Online (GIG-OS) (former EmGoldex and Global InterGold)• GladiaCoin• Globalytics Tech Research (rebooted from Jubilee Ace) • Global I Gold Online • Global Investment Trading (dba Liyeplimal)• Global Sponsorship Network (GSN) reboot from OneLink• Global Technology & Innovation • Global Trading Club• Go9Tro• GoFounders• GreenChoyce• GreenGold• GriddyPro•Headway Capital (clone of Ax Trader)• Hulsa• Hustle With Us• HybridTech Global • HyperFund (former HyperCapital)• HyperMining (HyperTech)• Hyperverse/ HyperVerse Ecosystem, short VerseEco, consists of Nebula, Galaxy Decentralized Capital and VerseDAO, HyperCash, HU, MOF, HVT, HDAO, partnership Genaro Network (GNX token)•IAM Worldwide• iBG Finance• iBuumerang/Ellev8 (former Countdown4Freedom)• IDentityUSA• i-Fern• iGenius• iHub Global• Ilgamos (reboot to ILGON)• Impero Solutions• (reboot from EurekaCoin)• INB Network (CashBackPro, former AI Marketing)• InCruises• Indusviva• Infinity Global (Bitex)• Infinity2Global• InnerQuest Global • IM Mastery Academy• Impero Solutions• Incomatrix• Innov8tive Nutrion• Intelligence Prime Capital (IPC Trade, IPCapital)• Intense Live• International TEFL Organization• Investrix• Investview (reboot as Kuvera Global, brand iGenius)• Infinity Loops• iPro Network (ProCurrency, PROC)• IQ Chain (rebranded to IQ Legacy) • IQ 5050 • iQuandex• Isagenix• iX Global• IX Inversors•Jaa LifeStyle• JetCoin• Jeuness• JN Jewelry• Jonny Blockchain• Jubilee Ace • Just Been Paid 2020• Karatbars International (LifeBase, G999, Freebay)• Kevlar Gifting Communities (reboot to Gifting Communities)• Kindred Hearts• King Finance• KOK Play• Kripto Future• Kryptogenex• Lifestyle Marketing Group• Kuailian Eco-system• Kynect Energy (acquired by ACN)• Laetitude• Learn Build Lead (LBL)• LeoTrade• Level Up 247• LifeBase • Lion's Share• Liv Labs• Liyeplimal Crypto MLM System• Lobto• Longrich• Lucky Dozens• Lueur Lauren International• LuLaRoe• Lyconet• Lyoness• Mag Markets• Majesty Hash pro• MarfinFX• Maskcara (rebranded as Seint) Matt Bot AI• Matic Business• Matrix Pro• Matrix Pro Leads• MBI International• Medical Marketing Project (MMP)• Mfinity Global (former Bulavita)• Mido Finance• Mindset 24 Global• Mined• Mined Capital• Minerva Trading Bot (CMC Invest)• Mining City• MineRift• Mint Builder• Mirollex• Mirror Trading International • MMM Global• MOBE (QualPay)• Model Farming• Monat• Monetize 911• MoneyTime• Monk Trading Investment• MultiplyWESA• MVR Life• My Blockchain Life• MyCOM• MyCryptoWorld• My Daily Choice• My Freedom in 365• MyGBit Mining• My Passive Trades• myWorld (Lyoness)•Nacometa• Namiro • Nano Club • Nano Crowd • Navan Global (sold to Ariix)• NBH Finance (NBH Group)• Ncrease• Neora (formerly Nerium International) • NewChoyce• New Economic Evolution of the World (NEEW)• NextLevelX• Nexyiu• Nimbus Platform• Nominex• NortheStar• Nowsite Marketing• NRGY GO• NuSkin• Nussentials• Nu Xtrax• Nutonic•Omega Digital• Omegapro Forex • OneCoin • One Eco System (rebranded to OneLife Network) OneDealer AS Norway • OneLife Network • OneLink (Global Sponsorship Network) • OnPassive • Onward Capital• Oola Global• Open Alexa• Opportunity Network (sold to OneCoin)• Orientum • OrbiXVictus (AIM Global) • Orion Finance• Ormeus Global • Oro One• OSM Software Solutions• O'Snap• OXO Worldwide•PandaTron• Paparazzi Accessories• PartyLite• Passive Tron Profits• Paytron BTC• PBX Trading (former Premium Business)• PetronPay• Phenomenal Club• PIE 24/7• Pipz• Post 2 Profits• Praetorian Global International (PGI)• PlusToken (World Blockchain Forum)• PowerPost Profits• Powur• Primary the Ruling Class • Premium Business • Prime International Club• PrivaFund• Prizm• ProCash• Profit Connect• Project Lantern•QNet (rebranded from GoldQuest) • Qtrex• Quaestor Solutions (Quaestor Coin)• QubitLife (rebranded from QubitTech)• Questra World•R Network• RE247365• Recylix• Redwood Scientific Technologies• RengaLife• Riseoo• Riway• Robot22 Trade• Rostek Global• Royal Returns• Roy Club• Royal Q (Sec gov ph)• Safir International • Salvia• SamKoin• Scentsy• Scout & Cellar• SDK Meta• SeedChange• Senexa• SHA-256• ShynXL• Silver Icing• Silver Partners for Profits• SilverStar Live (renamed AI Global, and then again to Ai Expert Advisor)• Silwana Global• Sincere Systems (rebooted as S-Group)• SiteTalk • Six Sigma Trade• SkyWay Capital, CryptoUnits (rebooted to Unitsky String Technologies) • SmartHashes• SmashFund• SnapBots• Snap Delivered• SofTrade AI• Solar Group• Solar Oil Project• Solmax Global• Solvasa• Speed Finance Club• Success By Health• Success Factory• SuperDraft Pro (SuperSports Global)• Swag (Swag Mining, Swag Network)• SwapIT • SwissCoin •Tapestri• Team Travel MVP• TechVision• Telepreneur Corp• Teqra• The $100 System• The Happy Co• The Perfect System• The PLR System The Prosperity Grid • The Token Network• TheClub.Travel• TelexFree• Toga Limited (reboot to Eostre Berhad)• Torque Trading (TORQ)• Touchstone Success• Torexo Finance• TRVL• Tradera• Trading Insight• Traffic Monsoon• TriumphFX• TronBase• TronCarry• TronCase• TronChain • Tronconomy• TronPlus• TronThunder• Trujivan• Trunited• Trust Investing• Tulian Investment• Turbo Crypto• Twindax• Twin TurboTRX• Unaico • Universal Abundance • Up2Give (U2G Network) • UpMoney• Upnomix• UR Worth It• Ushare• Uulala• Unity Line Builders• Upistic•Vantel Pearls• Vida Divina• Viral Compensation• Visalus Sciences• Viseming• Vitae• Viv• Vollara• VR Tron500• VRDa1•Wakaya Perfection (sold to LaCore Enterprises) WantageOne • WaterMine• Wazzub• We Share Abundance• Weter• Wiseling • Wiseming• Workxon• World Crypto Life• World Enhanced Wealth Ecosystem Global (WeWe Global) • WorldVentures (acquired by Verona International Holdings, rebooted as DreamTrips)• World Wealth Club •Xellis (former Natura4Ever)• XEMXLink• Xifra LifeStyle• Xtreme Pro System•YEP• Youngevity•Zax• Zeek Rewards• Zeniq Coin • Zeonis• ZetBull• Zomoney• Zukul Gold• Zukul Trading#BTC #Ponzi #ponzischeme #scammers. #Cryptoscam
⚠️🚨 Warning: Potential Online Scam Targeting Pakistani Investors! ❗❗
An alarming trend has surfaced in Pakistan, where approximately $143.8 million (40 billion PKR) has been funneled into a suspicious app called TREA*URE NFT within just 12 hours. This massive influx of funds raises serious concerns about the platform’s legitimacy and the potential for devastating financial losses.
Reports suggest that desperate individuals are going to extreme lengths to invest, including taking bank loans, borrowing from friends, and even mortgaging their homes and land. The primary driving force? Greed—with many ignoring the fact that the platform lacks a genuine use case or a skill-based earning mechanism.
Experts warn that TREA*URE NFT bears a striking resemblance to past financial scams like Double Shah. The platform appears to operate on a Ponzi-like model, relying solely on new deposits and recruitment, with no real connection to blockchain-based NFTs.
In a troubling development, the withdrawal option has been disabled, indicating that the platform’s operators might be preparing to vanish with investors’ money.
🚨 Investors are strongly urged to exercise extreme caution and avoid investing in TREA*URE NFT. Protect your financial security and stay vigilant against potential scams!
#NFT #NFTScam #CryptoScam #Binance #InvestmentFraud #PonziScheme
An alarming trend has surfaced in Pakistan, where approximately $143.8 million (40 billion PKR) has been funneled into a suspicious app called TREA*URE NFT within just 12 hours. This massive influx of funds raises serious concerns about the platform’s legitimacy and the potential for devastating financial losses.
Reports suggest that desperate individuals are going to extreme lengths to invest, including taking bank loans, borrowing from friends, and even mortgaging their homes and land. The primary driving force? Greed—with many ignoring the fact that the platform lacks a genuine use case or a skill-based earning mechanism.
Experts warn that TREA*URE NFT bears a striking resemblance to past financial scams like Double Shah. The platform appears to operate on a Ponzi-like model, relying solely on new deposits and recruitment, with no real connection to blockchain-based NFTs.
In a troubling development, the withdrawal option has been disabled, indicating that the platform’s operators might be preparing to vanish with investors’ money.
🚨 Investors are strongly urged to exercise extreme caution and avoid investing in TREA*URE NFT. Protect your financial security and stay vigilant against potential scams!
#NFT #NFTScam #CryptoScam #Binance #InvestmentFraud #PonziScheme
⚖️ U.S. Prosecutors Appeal Sentencing in $577M HashFlare Ponzi Scheme
According to Cointelegraph, U.S. prosecutors have appealed the sentencing of Sergei Potapenko and Ivan Turõgin, co-founders of crypto mining service HashFlare, over their involvement in a $577M Ponzi scheme.
🔑 Key Points:
Potapenko & Turõgin were extradited from Estonia in May 2024 after being arrested in Oct 2022.
They pled guilty to conspiracy to commit wire fraud.
Court ruling: time served, $25,000 fine, and 360 hours community service in Estonia.
Prosecutors had pushed for a 10-year prison term, calling it one of the biggest fraud cases ever seen.
⚠️ Prosecutors argue the lenient sentence does not match the scale of the crime, which misled investors with false mining dashboards in a classic Ponzi model.
💰 While defense claims victims will be compensated from $400M+ in forfeited assets, prosecutors suggest much of the data was fabricated.
📊 The case has sparked concern across the crypto community about weak enforcement against bad actors. Losses from crypto-related crimes in H1 2025 already hit record highs, raising questions about regulatory effectiveness.
#CryptoinsightX #CryptoNews #PonziScheme #HashFlare #Regulation
According to Cointelegraph, U.S. prosecutors have appealed the sentencing of Sergei Potapenko and Ivan Turõgin, co-founders of crypto mining service HashFlare, over their involvement in a $577M Ponzi scheme.
🔑 Key Points:
Potapenko & Turõgin were extradited from Estonia in May 2024 after being arrested in Oct 2022.
They pled guilty to conspiracy to commit wire fraud.
Court ruling: time served, $25,000 fine, and 360 hours community service in Estonia.
Prosecutors had pushed for a 10-year prison term, calling it one of the biggest fraud cases ever seen.
⚠️ Prosecutors argue the lenient sentence does not match the scale of the crime, which misled investors with false mining dashboards in a classic Ponzi model.
💰 While defense claims victims will be compensated from $400M+ in forfeited assets, prosecutors suggest much of the data was fabricated.
📊 The case has sparked concern across the crypto community about weak enforcement against bad actors. Losses from crypto-related crimes in H1 2025 already hit record highs, raising questions about regulatory effectiveness.
#CryptoinsightX #CryptoNews #PonziScheme #HashFlare #Regulation
The Cheese Pyramid Scheme – A Tale of Greed and Illusion
In a peaceful village, a man arrived selling cheese wheels. But not just any cheese — this cheese was “aged in the mountains of magic,” he claimed, and its value doubled every week.
He said:
“Buy one for $100 today, and next week it’ll be worth $200! Or better — get others to buy cheese from me, and I’ll pay you a commission!”
Villagers were skeptical… until the first few buyers made money. They began recruiting others, who bought cheese expecting to sell it at double the price.
More and more people joined.
Some mortgaged their homes.
Some sold their land.
One man sold his real cows to buy more imaginary cheese.
Soon, cheese was everywhere — in barns, under beds, in wells — but no one was eating it.
Then one morning, the cheese man vanished.
People gathered in panic. Someone shouted:
“I’ve got 50 cheese wheels — worth $10,000!”
An old farmer grumbled:
“Worth nothing if nobody wants to buy it.”
Suddenly, the village was full of expensive, smelly cheese… and broken dreams.
#ponzischeme #memecoin🚀🚀🚀
In a peaceful village, a man arrived selling cheese wheels. But not just any cheese — this cheese was “aged in the mountains of magic,” he claimed, and its value doubled every week.
He said:
“Buy one for $100 today, and next week it’ll be worth $200! Or better — get others to buy cheese from me, and I’ll pay you a commission!”
Villagers were skeptical… until the first few buyers made money. They began recruiting others, who bought cheese expecting to sell it at double the price.
More and more people joined.
Some mortgaged their homes.
Some sold their land.
One man sold his real cows to buy more imaginary cheese.
Soon, cheese was everywhere — in barns, under beds, in wells — but no one was eating it.
Then one morning, the cheese man vanished.
People gathered in panic. Someone shouted:
“I’ve got 50 cheese wheels — worth $10,000!”
An old farmer grumbled:
“Worth nothing if nobody wants to buy it.”
Suddenly, the village was full of expensive, smelly cheese… and broken dreams.
#ponzischeme #memecoin🚀🚀🚀
Аргентина vs. Crypto Ponzi: $3,5 млн в USDT заморожены! 💥
В криптомире очередной громкий скандал! 🌐 Аргентина провела масштабную операцию, заморозив $3,5 млн в USDT, связанных с платформой Rainbowex. 💸
В результате расследования арестованы 10 человек, обвиняемых в создании предполагаемой схемы Понци. 🕵️♂️ Власти заявляют, что платформа привлекала инвесторов обещаниями «невероятной доходности», а в итоге деньги просто перераспределялись.
Интересно, что подобные случаи становятся всё более частыми. 🤔 Это сигнал для криптосообщества: инвестируйте с умом, проверяйте проекты и не доверяйте тем, кто обещает «золотые горы» без риска. 🚩
Делитесь своими мыслями! Нужно ли усилить контроль над криптовалютными платформами или такие действия только тормозят развитие индустрии? 💬
#CryptoNews #PonziScheme #Argentina #USDT
В криптомире очередной громкий скандал! 🌐 Аргентина провела масштабную операцию, заморозив $3,5 млн в USDT, связанных с платформой Rainbowex. 💸
В результате расследования арестованы 10 человек, обвиняемых в создании предполагаемой схемы Понци. 🕵️♂️ Власти заявляют, что платформа привлекала инвесторов обещаниями «невероятной доходности», а в итоге деньги просто перераспределялись.
Интересно, что подобные случаи становятся всё более частыми. 🤔 Это сигнал для криптосообщества: инвестируйте с умом, проверяйте проекты и не доверяйте тем, кто обещает «золотые горы» без риска. 🚩
Делитесь своими мыслями! Нужно ли усилить контроль над криптовалютными платформами или такие действия только тормозят развитие индустрии? 💬
#CryptoNews #PonziScheme #Argentina #USDT
🚨 HAHM is a Complete Scam – Beware! 🚨
HAHM and TR...NFT are run by the same owner, and both follow the same scam pattern.
HAHM operated for just one month before shutting down withdrawals, proving it was only launched to collect funds through fraud.
Just like TR...NFT, the goal was to lure investors, take their money, and disappear.
No withdrawals, no transparency — just another Ponzi scheme.
Stay alert, do your research, and never trust shady apps with your hard-earned money.
#HAHMScam #CryptoAlert #PonziScheme #ScamWarning #ProtectYourFunds
HAHM and TR...NFT are run by the same owner, and both follow the same scam pattern.
HAHM operated for just one month before shutting down withdrawals, proving it was only launched to collect funds through fraud.
Just like TR...NFT, the goal was to lure investors, take their money, and disappear.
No withdrawals, no transparency — just another Ponzi scheme.
Stay alert, do your research, and never trust shady apps with your hard-earned money.
#HAHMScam #CryptoAlert #PonziScheme #ScamWarning #ProtectYourFunds
Treasure NFT: A Big Promise That Ended in a Scam
Treasure NFT: Big Profits or Big Scam? 🚨💰
Treasure NFT promised huge profits, smart AI trading, and financial freedom. Many investors jumped in, hoping to make easy money. But was it all just a scam? Let’s break it down!
🚀 Why People Joined Treasure NFT
Treasure NFT claimed to be an AI-powered NFT trading platform that made investing easy. It promised:
✅ Daily Returns: 4.3% - 6.8% 💰
✅ Referral Bonuses: Earn extra money by inviting friends 🎁
✅ AI Trading: No need to trade yourself 🤖
✅ 30% Monthly Gains: Quick, massive profits 🚀
Sounds too good to be true, right? That’s because it was!
⚠️ Signs That It Was a Scam
As more people invested, warning signs started to appear:
1️⃣ Unrealistic Promises
No real trading platform can guarantee such high profits every day. That’s a common trick used in scams.
2️⃣ Focus on Referrals Instead of Trading
The main way to make money wasn’t from NFT trading but from bringing in new people. This is a classic pyramid scheme.
3️⃣ Investors Couldn’t Withdraw Their Money
Many users reported blocked withdrawals and frozen accounts. Some never got their money back.
4️⃣ Fake Team & Address
The company claimed to be based in Arizona, USA, but investigations found a Russian music academy at the given address.
5️⃣ Website Shutdown
As more people got suspicious, the Treasure NFT website stopped working, and their social media accounts disappeared.
💥 How Much Was Lost?
Experts estimate that over $100 million was stolen from investors. Many people lost their hard-earned money, thinking they were making a smart investment.
🔑 How to Protect Yourself from Scams
🔹 Do Your Research: Always check if a platform is real and legally registered.
🔹 Be Careful of Big Promises: If it sounds too easy, it’s probably a scam.
🔹 Avoid Referral Schemes: Real investments don’t rely on bringing in new people.
#treasurenft T #Cryptoscam #NFTFraud #ponzischeme #WhaleMovements
Treasure NFT: Big Profits or Big Scam? 🚨💰
Treasure NFT promised huge profits, smart AI trading, and financial freedom. Many investors jumped in, hoping to make easy money. But was it all just a scam? Let’s break it down!
🚀 Why People Joined Treasure NFT
Treasure NFT claimed to be an AI-powered NFT trading platform that made investing easy. It promised:
✅ Daily Returns: 4.3% - 6.8% 💰
✅ Referral Bonuses: Earn extra money by inviting friends 🎁
✅ AI Trading: No need to trade yourself 🤖
✅ 30% Monthly Gains: Quick, massive profits 🚀
Sounds too good to be true, right? That’s because it was!
⚠️ Signs That It Was a Scam
As more people invested, warning signs started to appear:
1️⃣ Unrealistic Promises
No real trading platform can guarantee such high profits every day. That’s a common trick used in scams.
2️⃣ Focus on Referrals Instead of Trading
The main way to make money wasn’t from NFT trading but from bringing in new people. This is a classic pyramid scheme.
3️⃣ Investors Couldn’t Withdraw Their Money
Many users reported blocked withdrawals and frozen accounts. Some never got their money back.
4️⃣ Fake Team & Address
The company claimed to be based in Arizona, USA, but investigations found a Russian music academy at the given address.
5️⃣ Website Shutdown
As more people got suspicious, the Treasure NFT website stopped working, and their social media accounts disappeared.
💥 How Much Was Lost?
Experts estimate that over $100 million was stolen from investors. Many people lost their hard-earned money, thinking they were making a smart investment.
🔑 How to Protect Yourself from Scams
🔹 Do Your Research: Always check if a platform is real and legally registered.
🔹 Be Careful of Big Promises: If it sounds too easy, it’s probably a scam.
🔹 Avoid Referral Schemes: Real investments don’t rely on bringing in new people.
#treasurenft T #Cryptoscam #NFTFraud #ponzischeme #WhaleMovements
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