A $50M crypto OTC scam just got exposed and no one is talking about it.

Over the past 6 months, hundreds of investors were baited into “exclusive OTC deals” for top tokens like $SUI, $NEAR, $AXL, $APT, $GRASS, and more. These deals were pitched inside trusted Telegram groups with flashy discounts (up to 50% off), and early deliveries built strong trust. From whales to KOLs, everyone piled in.

But around June, everything stopped. No tokens. No refunds. Just silence.

Despite public warnings from project teams like Sui and EGLD in May, the scam continued draining millions more. Some investors poured in life savings, and many are now devastated, emotionally.

The truth is ugly, and the damage is real.

Stay tuned, and be extremely cautious with OTC offers that sound too good to be true especially in closed groups.