Binance Square

Treasurenft�

180,577 views
42 Discussing
Hussain -_
--
🚨Breaking News: Treasure NFT Shuts Down Amid Fraud Allegations, Announces New Project🚨 Treasure NFT, a platform offering AI-powered NFT trading with high returns, has faced allegations of fraudulent practices. Experts have raised concerns about its unsustainable profit claims and referral-based structure, which resembles a Ponzi scheme. Key Allegations: - Unrealistic Profit Claims: Promised daily returns of 4.3% to 6.8%, totaling nearly 30% monthly profits, which experts consider unfeasible. - Referral-Driven Revenue: Heavy focus on recruiting new users rather than actual trading raises concerns about a pyramid scheme. - Suspicious Registration Details: Although claiming to be based in Tempe, Arizona, connections to a Russian music academy and fake executive profiles were discovered. In light of these allegations, Treasure NFT has announced a new project, but users are cautioned to proceed carefully. NFT Scams on the Rise: Treasure NFT is not alone; another French NFT project backed by celebrities collapsed, resulting in a €1.5 million loss for investors. These events highlight the growing risks in the NFT and crypto space, urging investors to do thorough research before engaging in such projects #Treasurenft� $BNB
🚨Breaking News: Treasure NFT Shuts Down Amid Fraud Allegations, Announces New Project🚨

Treasure NFT, a platform offering AI-powered NFT trading with high returns, has faced allegations of fraudulent practices. Experts have raised concerns about its unsustainable profit claims and referral-based structure, which resembles a Ponzi scheme.

Key Allegations:

- Unrealistic Profit Claims: Promised daily returns of 4.3% to 6.8%, totaling nearly 30% monthly profits, which experts consider unfeasible.

- Referral-Driven Revenue: Heavy focus on recruiting new users rather than actual trading raises concerns about a pyramid scheme.

- Suspicious Registration Details: Although claiming to be based in Tempe, Arizona, connections to a Russian music academy and fake executive profiles were discovered.

In light of these allegations, Treasure NFT has announced a new project, but users are cautioned to proceed carefully.

NFT Scams on the Rise:

Treasure NFT is not alone; another French NFT project backed by celebrities collapsed, resulting in a €1.5 million loss for investors. These events highlight the growing risks in the NFT and crypto space, urging investors to do thorough research before engaging in such projects
#Treasurenft�
$BNB
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number