Ponzischeme
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🚨 What is a PONZI SCHEME? And how not to fall into the trap?
Hello, crypto friend!
Today we will analyze one of the most famous scams in financial history — the Ponzi scheme. It's important to know, especially if you're a newcomer to crypto or looking for profitable investments.
🧠 What is a Ponzi scheme?
A Ponzi scheme is a fraudulent investment strategy where profits for the first 'investors' are paid from the money of new participants, rather than from real profits.
Today we will analyze one of the most famous scams in financial history — the Ponzi scheme. It's important to know, especially if you're a newcomer to crypto or looking for profitable investments.
🧠 What is a Ponzi scheme?
A Ponzi scheme is a fraudulent investment strategy where profits for the first 'investors' are paid from the money of new participants, rather than from real profits.
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
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Argentina vs. Crypto Ponzi: $3.5 million in USDT frozen! 💥
Another loud scandal in the crypto world! 🌐 Argentina conducted a large-scale operation, freezing $3.5 million in USDT related to the Rainbowex platform. 💸
As a result of the investigation, 10 people have been arrested, accused of creating an alleged Ponzi scheme. 🕵️♂️ Authorities claim that the platform attracted investors with promises of "incredible returns", while in reality the money was simply redistributed.
Interestingly, such cases are becoming more and more common. 🤔 This is a signal for the crypto community: invest wisely, verify projects, and do not trust those who promise "golden mountains" without risk. 🚩
Share your thoughts! Is there a need for increased oversight of cryptocurrency platforms or are such actions just hindering the development of the industry? 💬
#CryptoNews #PonziScheme #Argentina #USDT
Another loud scandal in the crypto world! 🌐 Argentina conducted a large-scale operation, freezing $3.5 million in USDT related to the Rainbowex platform. 💸
As a result of the investigation, 10 people have been arrested, accused of creating an alleged Ponzi scheme. 🕵️♂️ Authorities claim that the platform attracted investors with promises of "incredible returns", while in reality the money was simply redistributed.
Interestingly, such cases are becoming more and more common. 🤔 This is a signal for the crypto community: invest wisely, verify projects, and do not trust those who promise "golden mountains" without risk. 🚩
Share your thoughts! Is there a need for increased oversight of cryptocurrency platforms or are such actions just hindering the development of the industry? 💬
#CryptoNews #PonziScheme #Argentina #USDT
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Chinese authorities crack down on $280 million cryptocurrency Ponzi scheme. 🇨🇳👮🏻♂️
In a major breakthrough, the Yuanbao Branch of the Domestic Security Bureau in Chifeng City, Inner Mongolia, China, successfully dismantled a major cryptocurrency Ponzi scheme. Operating from Beijing, the undisclosed platform used sophisticated organizational structures and innovative marketing tactics, raising suspicions of criminal activity involving cryptocurrencies.
With operations spanning 13 provinces and cities, the platform had over 18,000 registered members. The total transaction flow exceeded 2 billion yuan ($280 million), revealing the scale of illicit activities. The main objective of the project was a classic Ponzi structure.
Chinese law enforcement quickly responded, arresting 30 suspects associated with the cryptocurrency platform. In addition, they froze nearly 10 million yuan related to this case. Investigations are ongoing, and two main suspects have voluntarily surrendered to authorities.
This case takes place against the backdrop of China's current ban on cryptocurrency assets. Despite the ban, the allure of virtual assets persists, leading many Chinese citizens to access crypto platforms via VPNs.
The crackdown on this major Ponzi scheme highlights the authorities' commitment to combating illegal activity in the cryptocurrency space. As the investigation unfolds, it is a stark reminder of the challenges posed by the intersection of financial technology and criminal enterprises.
#China #cryptocurrency #VPN #ponzischeme #Ponzi
In a major breakthrough, the Yuanbao Branch of the Domestic Security Bureau in Chifeng City, Inner Mongolia, China, successfully dismantled a major cryptocurrency Ponzi scheme. Operating from Beijing, the undisclosed platform used sophisticated organizational structures and innovative marketing tactics, raising suspicions of criminal activity involving cryptocurrencies.
With operations spanning 13 provinces and cities, the platform had over 18,000 registered members. The total transaction flow exceeded 2 billion yuan ($280 million), revealing the scale of illicit activities. The main objective of the project was a classic Ponzi structure.
Chinese law enforcement quickly responded, arresting 30 suspects associated with the cryptocurrency platform. In addition, they froze nearly 10 million yuan related to this case. Investigations are ongoing, and two main suspects have voluntarily surrendered to authorities.
This case takes place against the backdrop of China's current ban on cryptocurrency assets. Despite the ban, the allure of virtual assets persists, leading many Chinese citizens to access crypto platforms via VPNs.
The crackdown on this major Ponzi scheme highlights the authorities' commitment to combating illegal activity in the cryptocurrency space. As the investigation unfolds, it is a stark reminder of the challenges posed by the intersection of financial technology and criminal enterprises.
#China #cryptocurrency #VPN #ponzischeme #Ponzi
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
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
🚩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
🚨 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! 🔁
⚠️🚨 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
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
🚨 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
🕵️♂️ According to Chainalysis in their latest report, the average lifespan of crypto scams in 2024 has dropped to 42 days, compared to 271 days in 2020.
🥷 Scammers frequently use the “pig butchering” scheme, where they initially lure victims with small gains to build trust and confidence, only to later exploit them for a significant loss. 🐖🔪
beware of this scam project..
specially pakistani and indian community.
#scammeralert
#ponzischeme
🥷 Scammers frequently use the “pig butchering” scheme, where they initially lure victims with small gains to build trust and confidence, only to later exploit them for a significant loss. 🐖🔪
beware of this scam project..
specially pakistani and indian community.
#scammeralert
#ponzischeme
$NEIRO
check the official website. It looks like the Scam.
people have invested millions on this coin and many got liquidated with their hard earned money .
its a manipulative shit coin. be aware it can be rugged pull anytime .
#ponzischeme #Ponzi #questionable
check the official website. It looks like the Scam.
people have invested millions on this coin and many got liquidated with their hard earned money .
its a manipulative shit coin. be aware it can be rugged pull anytime .
#ponzischeme #Ponzi #questionable
Title: know your #scam
Navigating the Crypto Landscape: Beware of Scams on Binance and Beyond
Cryptocurrencies have gained immense popularity, offering new and exciting opportunities for investors. However, with the rise in popularity comes an increase in scams and fraudulent activities. Binance, being a leading cryptocurrency exchange, is not immune to these challenges. Let's explore some common scams, misleading information, and ways to protect yourself in the ever-evolving world of crypto.
1. #PhishingScams :
Phishing remains a prevalent threat in the crypto space. Scammers often create fake websites that mimic legitimate platforms like Binance to trick users into providing their login credentials. Always double-check the website's URL and enable two-factor authentication (2FA) to enhance security.
2. Impersonation and Social Engineering:
Scammers may impersonate Binance support or influential figures in the crypto community, reaching out to users through social media or email. Be cautious of unsolicited messages and always verify the identity of the person or entity before sharing sensitive information.
3. #pumpanddump Schemes:
In pump and dump schemes, organizers artificially inflate the price of a cryptocurrency through false or misleading information, only to sell off their holdings at the peak, leaving other investors with losses. Exercise caution and thoroughly research any investment opportunities.
4. Fake #ICOSCAM and Token Sales:
Some scammers create fake Initial Coin Offerings (ICOs) or token sales, enticing investors with promises of high returns. Always research the legitimacy of a project, review the whitepaper, and verify the credentials of the team behind it.
5. #ponzischeme :
Ponzi schemes promise high returns to initial investors using the capital from new investors. These schemes are unsustainable and often collapse, resulting in significant losses. Be wary of investment opportunities that seem too good to be true.
Navigating the Crypto Landscape: Beware of Scams on Binance and Beyond
Cryptocurrencies have gained immense popularity, offering new and exciting opportunities for investors. However, with the rise in popularity comes an increase in scams and fraudulent activities. Binance, being a leading cryptocurrency exchange, is not immune to these challenges. Let's explore some common scams, misleading information, and ways to protect yourself in the ever-evolving world of crypto.
1. #PhishingScams :
Phishing remains a prevalent threat in the crypto space. Scammers often create fake websites that mimic legitimate platforms like Binance to trick users into providing their login credentials. Always double-check the website's URL and enable two-factor authentication (2FA) to enhance security.
2. Impersonation and Social Engineering:
Scammers may impersonate Binance support or influential figures in the crypto community, reaching out to users through social media or email. Be cautious of unsolicited messages and always verify the identity of the person or entity before sharing sensitive information.
3. #pumpanddump Schemes:
In pump and dump schemes, organizers artificially inflate the price of a cryptocurrency through false or misleading information, only to sell off their holdings at the peak, leaving other investors with losses. Exercise caution and thoroughly research any investment opportunities.
4. Fake #ICOSCAM and Token Sales:
Some scammers create fake Initial Coin Offerings (ICOs) or token sales, enticing investors with promises of high returns. Always research the legitimacy of a project, review the whitepaper, and verify the credentials of the team behind it.
5. #ponzischeme :
Ponzi schemes promise high returns to initial investors using the capital from new investors. These schemes are unsustainable and often collapse, resulting in significant losses. Be wary of investment opportunities that seem too good to be true.
OmegaPro.IN Review: Same Name, Different Ponzi Scheme;
OmegaPro.IN, not to be confused with the notorious Dubai-based OmegaPro Ponzi, fails to provide ownership or executive information on its website.
OmegaPro.IN’s website domain (“omegapro. in”), was privately registered on May 11th, 2023.
In the footer of its website, OmegaPro.IN provides a PO Box address in St. Vincent and the Grenadines. For what should be obvious reasons, this is meaningless.
Further attempts to appear legitimate by OmegaPro.IN include: a Polish shell company certificate (this is backdated to 2020 and appears to be doctored). an insurance document provided by Renaissance Insurance (this is backdated to 2015 and is obviously doctored) and a UK shell company certificate for Omega-Pro LTD.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
Furthermore, OmegaPro.IN markets itself as an MLM cryptocurrency investment scheme. The UK’s FCA outright banned MLM cryptocurrency investment schemes on October 8th, 2023.
Further to OmegaPro.IN’s regulatory problems, France’s AMF added OmegaPro.IN to its investment blacklist on December 5th, 2023.
OmegaPro.IN Conclusion:
OmegaPro.IN appears to be an attempt to cash in the collapsed OmegaPro Ponzi scheme. With OmegaPro suspected of being a multi-billion dollar Ponzi and its owners in hiding pending arrest, it’s unlikely they have anything to do with OmegaPro.IN.
This is opportunistic scammers at work, hoping to make a quick buck.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
#ponzischeme #mlm #omengapro #OmegaNetwork
OmegaPro.IN, not to be confused with the notorious Dubai-based OmegaPro Ponzi, fails to provide ownership or executive information on its website.
OmegaPro.IN’s website domain (“omegapro. in”), was privately registered on May 11th, 2023.
In the footer of its website, OmegaPro.IN provides a PO Box address in St. Vincent and the Grenadines. For what should be obvious reasons, this is meaningless.
Further attempts to appear legitimate by OmegaPro.IN include: a Polish shell company certificate (this is backdated to 2020 and appears to be doctored). an insurance document provided by Renaissance Insurance (this is backdated to 2015 and is obviously doctored) and a UK shell company certificate for Omega-Pro LTD.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
Furthermore, OmegaPro.IN markets itself as an MLM cryptocurrency investment scheme. The UK’s FCA outright banned MLM cryptocurrency investment schemes on October 8th, 2023.
Further to OmegaPro.IN’s regulatory problems, France’s AMF added OmegaPro.IN to its investment blacklist on December 5th, 2023.
OmegaPro.IN Conclusion:
OmegaPro.IN appears to be an attempt to cash in the collapsed OmegaPro Ponzi scheme. With OmegaPro suspected of being a multi-billion dollar Ponzi and its owners in hiding pending arrest, it’s unlikely they have anything to do with OmegaPro.IN.
This is opportunistic scammers at work, hoping to make a quick buck.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
#ponzischeme #mlm #omengapro #OmegaNetwork
😱 A Las Vegas Man Charged for Defrauding 24 Million in Crypto Scheme 💰
A *Las Vegas resident*, *Brent Kovar*, has been *charged* by U.S. regulators for allegedly *defrauding over 400 investors* out of *24 million* through a deceptive *AI-driven cryptocurrency mining scheme*. This case is a reminder of the dark side of the crypto world and the importance of staying alert. 🧐
---
*How Did It Happen? 🤔*
Kovar's company, *Profit Connect*, claimed to be a high-tech AI firm that was involved in *crypto mining* and *transaction verification*. He *lured investors* with promises of *lucrative returns*, offering *fixed annual returns of 15% to 30%* and a *100% money-back guarantee*. On top of that, he misled investors into believing that their money was *secure* and backed by the *Federal Deposit Insurance Corporation (FDIC)*. 😳
However, it turns out these promises were *false*. Kovar used the investors' funds to live an *extravagant lifestyle*, purchasing gifts for employees, buying a *house*, and *repaying investors* to keep the scheme going – all under the guise of crypto profits. 💸💎
---
*Charges and Consequences 🚔*
Now, Kovar is facing *12 counts of wire fraud*, *3 counts of mail fraud*, and *3 counts of money laundering*. If convicted, he could be looking at a *maximum of 330 years in prison* and a *4.5 million fine*. 😳
This case is just one of many in a *broader crackdown* on *crypto-related Ponzi schemes*. Just recently, another promoter of a crypto Ponzi scheme, *Antonia Perez Hernandez*, was sentenced to *over two years in prison* for *conspiracy to commit wire fraud*. ⚖️
—
*A Wider Problem: Crypto Fraud 🕵️♂️*
This case is part of an ongoing effort to fight crypto fraud. The *FBI’s “Operation Level Up”* saved *285 million* in potential fraud losses between January 2024 and January 2025. 🚨 It’s clear that regulators are ramping up their efforts to hold scammers accountable and protect investors.
---
*Why Is This Important? 🚨*
- *Do your research*: Before investing in any crypto opportunity, always look for *verified information* and *avoid promises of “too good to be true” returns*.
- *Understand the risks*: Crypto is volatile, and *scams are unfortunately part of the landscape*. Make sure you only invest in *reputable projects*.
- *Stay vigilant*: If something feels off, trust your instincts and *walk away*.
---
*Final Thoughts 🤯*
While crypto offers great opportunities, it’s essential to stay cautious and avoid falling for schemes like Kovar’s. Let’s learn from this case, stay informed, and keep our investments safe. 💡
$BTC
$ETH
$BNB
#CryptoFraud #ponzischeme #CryptoScams #CryptoNews #FBI
---
*How Did It Happen? 🤔*
Kovar's company, *Profit Connect*, claimed to be a high-tech AI firm that was involved in *crypto mining* and *transaction verification*. He *lured investors* with promises of *lucrative returns*, offering *fixed annual returns of 15% to 30%* and a *100% money-back guarantee*. On top of that, he misled investors into believing that their money was *secure* and backed by the *Federal Deposit Insurance Corporation (FDIC)*. 😳
However, it turns out these promises were *false*. Kovar used the investors' funds to live an *extravagant lifestyle*, purchasing gifts for employees, buying a *house*, and *repaying investors* to keep the scheme going – all under the guise of crypto profits. 💸💎
---
*Charges and Consequences 🚔*
Now, Kovar is facing *12 counts of wire fraud*, *3 counts of mail fraud*, and *3 counts of money laundering*. If convicted, he could be looking at a *maximum of 330 years in prison* and a *4.5 million fine*. 😳
This case is just one of many in a *broader crackdown* on *crypto-related Ponzi schemes*. Just recently, another promoter of a crypto Ponzi scheme, *Antonia Perez Hernandez*, was sentenced to *over two years in prison* for *conspiracy to commit wire fraud*. ⚖️
—
*A Wider Problem: Crypto Fraud 🕵️♂️*
This case is part of an ongoing effort to fight crypto fraud. The *FBI’s “Operation Level Up”* saved *285 million* in potential fraud losses between January 2024 and January 2025. 🚨 It’s clear that regulators are ramping up their efforts to hold scammers accountable and protect investors.
---
*Why Is This Important? 🚨*
- *Do your research*: Before investing in any crypto opportunity, always look for *verified information* and *avoid promises of “too good to be true” returns*.
- *Understand the risks*: Crypto is volatile, and *scams are unfortunately part of the landscape*. Make sure you only invest in *reputable projects*.
- *Stay vigilant*: If something feels off, trust your instincts and *walk away*.
---
*Final Thoughts 🤯*
While crypto offers great opportunities, it’s essential to stay cautious and avoid falling for schemes like Kovar’s. Let’s learn from this case, stay informed, and keep our investments safe. 💡
$BTC
$ETH
$BNB
#CryptoFraud #ponzischeme #CryptoScams #CryptoNews #FBI
🚨 𝗔𝗟𝗘𝗥𝗧: #𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝗲𝗻𝘁𝗳 𝗶𝘀 𝗮 𝗦𝗖𝗔𝗠! 🚨
⚠️ Warning! #Treasure is a fraudulent Ponzi scheme! ⚠️
This deceptive NFT platform is luring users with fake promises of huge returns. The truth? Withdrawals will be blocked soon!
🔴 How the Scam Operates:
❌ Fake NFT transactions & exaggerated profit guarantees
❌ New investments are used to pay off previous investors—classic Ponzi method!
❌ Eventually, it will collapse, causing massive losses for participants.
💰 If you’ve invested, withdraw your funds immediately! 💰
💡 How to Stay Safe in Crypto:
✔️ Always verify a platform before investing
✔️ If it seems too good to be true, it probably is
✔️ Report and expose scams to protect others
🚨 DON’T FALL FOR IT! SHARE AND WARN OTHERS! 🚨
🔁 Retweet, comment, and help spread the word! 🔁
#CryptoScam #NFTScam #PonziScheme #StaySafe
⚠️ Warning! #Treasure is a fraudulent Ponzi scheme! ⚠️
This deceptive NFT platform is luring users with fake promises of huge returns. The truth? Withdrawals will be blocked soon!
🔴 How the Scam Operates:
❌ Fake NFT transactions & exaggerated profit guarantees
❌ New investments are used to pay off previous investors—classic Ponzi method!
❌ Eventually, it will collapse, causing massive losses for participants.
💰 If you’ve invested, withdraw your funds immediately! 💰
💡 How to Stay Safe in Crypto:
✔️ Always verify a platform before investing
✔️ If it seems too good to be true, it probably is
✔️ Report and expose scams to protect others
🚨 DON’T FALL FOR IT! SHARE AND WARN OTHERS! 🚨
🔁 Retweet, comment, and help spread the word! 🔁
#CryptoScam #NFTScam #PonziScheme #StaySafe
🚨 In Crypto History Top 10 Biggest Scams 🚨
Delve into the murky world of crypto fraud with these notorious scams that rocked the industry and cost investors billions.
1️⃣ BitConnect (2016-2018)
BitConnect promised high returns through a lending program but was revealed as a Ponzi scheme. It collapsed, causing billions in losses.
2️⃣ OneCoin (2014-2017)
OneCoin, marketed as a revolutionary crypto, was a multi-billion dollar scam run by Ruja Ignatova, who vanished in 2017. It never had a real blockchain.
3️⃣ MT. Gox (2011-2014)
MT. Gox, once the largest Bitcoin exchange, lost 850,000 Bitcoins (worth $450 million at the time) due to hacking and mismanagement, leading to bankruptcy.
4️⃣ PlusToken (2018-2019)
PlusToken defrauded investors of over $2 billion with promises of high returns before its operators were arrested.
5️⃣ QuadrigaCX (2013-2019)
QuadrigaCX collapsed after its CEO, Gerald Cotten, died, allegedly taking $190 million in crypto to his grave, though foul play is suspected.
6️⃣ BitClub Network (2014-2019)
BitClub Network scammed investors out of $722 million with a fraudulent mining pool operation before its founders were arrested.
7️⃣ WoToken (2018-2020)
Similar to PlusToken, this Chinese Ponzi scheme defrauded investors of over $1 billion before its operators were caught.
8️⃣ Thodex (2021)
The Turkish exchange halted trading abruptly, and its CEO fled with $2 billion of investor funds.
9️⃣ Africrypt (2021)
Two South African brothers allegedly stole $3.6 billion in Bitcoin from their platform and disappeared.
🔟 Mirror Trading International (2019-2020)
This South African Bitcoin trading platform turned out to be a Ponzi scheme, leading to over $589 million in losses.
📈 #CryptoScams #CryptoFraud #BitcoinScams #ponzischeme #StaySafeCrypto
✅ Like ❤️ | Comment 💬 | Share 🔁
👉 Follow for more updates! @KhannAmirr
Delve into the murky world of crypto fraud with these notorious scams that rocked the industry and cost investors billions.
1️⃣ BitConnect (2016-2018)
BitConnect promised high returns through a lending program but was revealed as a Ponzi scheme. It collapsed, causing billions in losses.
2️⃣ OneCoin (2014-2017)
OneCoin, marketed as a revolutionary crypto, was a multi-billion dollar scam run by Ruja Ignatova, who vanished in 2017. It never had a real blockchain.
3️⃣ MT. Gox (2011-2014)
MT. Gox, once the largest Bitcoin exchange, lost 850,000 Bitcoins (worth $450 million at the time) due to hacking and mismanagement, leading to bankruptcy.
4️⃣ PlusToken (2018-2019)
PlusToken defrauded investors of over $2 billion with promises of high returns before its operators were arrested.
5️⃣ QuadrigaCX (2013-2019)
QuadrigaCX collapsed after its CEO, Gerald Cotten, died, allegedly taking $190 million in crypto to his grave, though foul play is suspected.
6️⃣ BitClub Network (2014-2019)
BitClub Network scammed investors out of $722 million with a fraudulent mining pool operation before its founders were arrested.
7️⃣ WoToken (2018-2020)
Similar to PlusToken, this Chinese Ponzi scheme defrauded investors of over $1 billion before its operators were caught.
8️⃣ Thodex (2021)
The Turkish exchange halted trading abruptly, and its CEO fled with $2 billion of investor funds.
9️⃣ Africrypt (2021)
Two South African brothers allegedly stole $3.6 billion in Bitcoin from their platform and disappeared.
🔟 Mirror Trading International (2019-2020)
This South African Bitcoin trading platform turned out to be a Ponzi scheme, leading to over $589 million in losses.
📈 #CryptoScams #CryptoFraud #BitcoinScams #ponzischeme #StaySafeCrypto
✅ Like ❤️ | Comment 💬 | Share 🔁
👉 Follow for more updates! @KhannAmirr
Warning: TR NFT & HAHM Are Scams in Disguise 🚨
$NFP
Both TR NFT and HAHM have a well-documented history of deceiving investors and disappearing without a trace. These are clear examples of fraudulent schemes, leaving many victims with empty pockets. Unfortunately, there is a high likelihood that these scams will reappear under new names, starting their deceitful cycle all over again.
What You Need to Know: To lure in unsuspecting investors, they may release small payouts periodically, which can create a false sense of security. However, this is just a tactic to build trust and trap more people into their scheme. Don't be fooled — these are calculated moves to perpetuate their scam.
Stay Alert & Do Your Research: Before making any investment, always take the time to research and verify the legitimacy of the project. Protect yourself and your assets — scams like these rely on the ignorance of others to thrive. Learn from past mistakes and avoid falling into the same trap twice.
#CryptoScamAlert #TRNFTScam #HAHMScam #PonziScheme #FraudPrevention
$NFP
Both TR NFT and HAHM have a well-documented history of deceiving investors and disappearing without a trace. These are clear examples of fraudulent schemes, leaving many victims with empty pockets. Unfortunately, there is a high likelihood that these scams will reappear under new names, starting their deceitful cycle all over again.
What You Need to Know: To lure in unsuspecting investors, they may release small payouts periodically, which can create a false sense of security. However, this is just a tactic to build trust and trap more people into their scheme. Don't be fooled — these are calculated moves to perpetuate their scam.
Stay Alert & Do Your Research: Before making any investment, always take the time to research and verify the legitimacy of the project. Protect yourself and your assets — scams like these rely on the ignorance of others to thrive. Learn from past mistakes and avoid falling into the same trap twice.
#CryptoScamAlert #TRNFTScam #HAHMScam #PonziScheme #FraudPrevention
🚨 𝗔𝗟𝗘𝗥𝗧: #𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝗲𝗻𝘁𝗳 𝗶𝘀 𝗮 𝗦𝗖𝗔𝗠! 🚨
⚠️ Beware! #Treasurentf is a Ponzi Scheme! ⚠️
This fake NFT platform is deceiving users with false promises of high returns. The harsh truth? Soon, withdrawals will be blocked!
🔴 How This Scam Works:
❌ Fake NFT sales & unrealistic profit claims
❌ Uses new deposits to pay old investors—classic Ponzi trap!
❌ Will eventually collapse, leaving users with massive losses
💰 If you’ve invested, withdraw your funds NOW!💰
💡 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 & WARN OTHERS! 🚨
🔁 Retweet, Comment & Spread Awareness! 🔁
#CryptoScam #NFTScam #ScamAlert #PonziScheme #StaySafe
⚠️ Beware! #Treasurentf is a Ponzi Scheme! ⚠️
This fake NFT platform is deceiving users with false promises of high returns. The harsh truth? Soon, withdrawals will be blocked!
🔴 How This Scam Works:
❌ Fake NFT sales & unrealistic profit claims
❌ Uses new deposits to pay old investors—classic Ponzi trap!
❌ Will eventually collapse, leaving users with massive losses
💰 If you’ve invested, withdraw your funds NOW!💰
💡 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 & WARN OTHERS! 🚨
🔁 Retweet, Comment & Spread Awareness! 🔁
#CryptoScam #NFTScam #ScamAlert #PonziScheme #StaySafe
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