How Scams Work & How to Stay Safe
🚫 Riches NFT is a textbook Ponzi scam. Here’s how they do it:
1️⃣ Promise insane returns to attract deposits.
2️⃣ Use new investors’ money to pay old ones.
3️⃣ Once people catch on, freeze withdrawals.
4️⃣ Throw out a “2x bonus” bait to milk last-minute deposits.
5️⃣ Disappear—leaving everyone wrecked.
Red flags to avoid future scams:
🔴 If it sounds too good to be true, it is.
🔴 No legitimate project blocks withdrawals.
🔴 Real projects don’t need deposit bonuses to attract users.
If you’re in Riches NFT, DO NOT deposit more money. Cut your losses and spread the word before others get trapped! 🚨
#CryptoScam #PonziAlert #StaySafe